by: xpoolPosted on:

Goldman Sachs Acquires Innovator Capital Management for $2B, Expanding in Defined-Outcome ETFs

Goldman Sachs Group Inc. has announced the acquisition of Innovator Capital Management for $2 billion, marking a strategic move to boost its presence within the rapidly expanding field of defined-outcome exchange-traded funds (ETFs). This purchase adds $28 billion in assets under supervision across 159 ETFs to Goldman Sachs Asset Management’s lineup, solidifying their position as one of the top 10 active ETF providers globally.

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