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Goldman Sachs Secures $70 Billion in Retirement Asset Deals with Verizon and Lockheed Martin
L'essentiel
- Goldman Sachs announced Thursday it has secured mandates to manage a combined $70 billion in retirement assets for Verizon Communications and Lockheed Martin.
- The deals include $30 billion in pension assets and $40 billion in Verizon's defined-contribution assets, highlighting a trend of large employers outsourcing investment management.
Résumé généré par IA
Taille de police
Goldman Sachs announced Thursday it has secured mandates to manage a combined $70 billion in retirement assets for Verizon Communications and Lockheed Martin. The deals include $30 billion in pension assets and $40 billion in Verizon's defined-contribution assets, highlighting a trend of large employers outsourcing investment management.
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This article was originally published by CNBC US Markets.
