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News  ›  Benzinga

Goldman Sachs Bolsters Active ETF Portfolio With $2 Billion Innovator Capital Management Buy

Benzinga Logo Benzinga By Lekha Gupta
Goldman Sachs Bolsters Active ETF Portfolio With $2 Billion Innovator Capital Management Buy

Goldman Sachs agreed to acquire Innovator Capital Management for $2 billion in cash and equity, expanding its active ETF portfolio and positioning itself among the top ten active ETF providers globally.

Insights
BACpS   neutral

Mentioned as lowering price target for D.R. Horton, indicating cautious market outlook


GS   positive

Strategically expanding into high-growth active ETF segment, increasing market positioning and asset under management