Goldman Sachs (GS) Moves to Expand Asset Management With $2 Billion Innovator Acquisition
The Goldman Sachs Group, Inc. (NYSE:GS) is included among the 14 Best US Stocks to Buy for Long Term. Goldman Sachs (GS) Moves to Expand Asset Management With $2 Billion Innovator Acquisition Image by Steve Buissinne from Pixabay On December 1, The Goldman Sachs Group, Inc. (NYSE:GS) announced the acquisition of Innovator Capital Management, a defined outcome ETFs provider, for roughly $2 billion. The deal is a part of Goldman’s ongoing effort to scale up its asset management business. The acquisition i ...