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Goldman Sachs Wins $70 Billion Retirement Asset Management Deals
The mandates add to Goldman’s outsourced chief investment officer business, which managed about $480 billion as of March 31, the firm said.
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5 Articles
Goldman Sachs wins asset management deals with Verizon, Lockheed Martin
Goldman Sachs said Thursday it won deals to manage a combined $70 billion in retirement assets for Verizon Communications and Lockheed Martin, one of the larger recent announcements in the fast-growing market for outsourced corporate investing. The mandates include about $30 billion in pension assets for Verizon and Lockheed Martin and $40 billion in Verizon...
Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin
Competition in the multitrillion-dollar market for retirement assets is fierce among managers such as Goldman Sachs, BlackRock, Russell Investments and Mercer.
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Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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