Goldman Sachs Completes Innovator Capital Acquisition, Lifting ETF Assets to $90B

Goldman Sachs completes Innovator Capital acquisition, lifting ETF assets to $90B

Goldman Sachs said on Thursday it has completed the acquisition of active exchange-traded fund provider Innovator Capital Management, expanding the Wall Street bank's presence in the fast-growing active ETF segment.Active ETFs are among the fastest-growing areas of asset management, attracting investors with lower costs and flexible strategies at a time when returns from some passive index products have lagged.The bank said in December that it w…

Financial News Network - Goldman Sachs completes Innovator Capital acquisition, lifting ETF assets to $90B

Goldman Sachs said it has completed its acquisition of active ETF provider Innovator Capital Management, expanding its presence in the fast-growing active ETF segment.Read More …