Goldman Sachs Acquires Innovator Capital Management

December opened with a big shakeup in the ETF landscape, with Goldman Sachs announcing a major acquisition. The firm has concluded a deal to acquire Innovator Capital Management and its defined outcome ETFs to the company's ETF side. The move adds $28 billion in AUS (assets under supervision) across some 159 defined outcome ETFs as of the end of September 2025. Specifically, the move sees Goldman Sachs expand its active ETF side amid growing interest in active. "Goldman Sachs has refocused its ETF efforts i ...