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Goldman Sachs Expands Canadian Reach with IG Wealth

Summary

  • Goldman Sachs asset management unit is growing in Canada.
  • New deal involves advisory services with IG Wealth Management.
  • Five IG Wealth portfolios will be managed by Goldman Sachs.

Goldman Sachs Asset Management is increasing its footprint in Canada via a new advisory collaboration with IG Wealth Management. This strategic move involves GSAM's multi-asset solutions team.

This team will undertake the management of five distinct portfolios offered by IG Wealth Management. These investment products are specifically developed to cater to the needs of retail investors.

The partnership underscores Goldman Sachs' commitment to broadening its advisory services and investment solutions within the Canadian market. It aims to leverage GSAM's expertise to enhance offerings for Canadian retail clients.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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