Wealthy investors tap ETFs for three hot assets, according to Goldman Sachs

Some of the world’s wealthiest investors are using exchange-traded funds to access commodities, cryptocurrency and artificial intelligence."We tend to find when clients want broad exposure, they want a SMA (separately managed account). For thematic, hedge or risk it tends to be an ETF," said Meena Flynn, co-head of global private wealth management at the firm, during a presentation of a new report dubbed "One Goldman Sachs Family Office Investment Insights, Adapting to the Terrain." The industry benchmark for a single-family office is at least $100 million of investable assets ranging to $10 b