Goldman Sachs Secures $70 Billion in Retirement Asset Management Mandates
Goldman Sachs has secured two major retirement asset management mandates totaling $70 billion, including $40 billion from Verizon and pension assets from both Verizon and Lockheed Martin. This win highlights the growing trend of corporations outsourcing investment stewardship to specialized firms as portfolios become more complex.
Topics: Goldman Sachs Lockheed Martin outsource CIO retirement assets Verizon