Old school fund companies Goldman, JPMorgan wade deeper into ETF market

Old-line asset management shops are continuing to wade deeper into the ETF market, seemingly embracing the notion that 'if you can't beat 'em, join 'em.'Over the past few weeks, Goldman Sachs Asset Management, JPMorgan Asset Management, and Nuveen have all marked respective “firsts” with regard to exchange-traded funds.The JPMorgan Disciplined High Yield (JPHY) is J.P. Morgan's first fixed-income ETF.The ETF will face