The business provides investment and risk management services to institutional investors and has assets under supervision of more than $18 billion. Terms of the deal were not disclosed.
(Reporting by Lauren Tara LaCapra; Editing by Grant McCool)
Real-time Estimate
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5-day change | 1st Jan Change | ||
431.2 USD | +0.86% | +3.57% | +12.05% |
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NEW YORK (Reuters) - Goldman Sachs Group Inc's Asset Management plans to acquire the Pacific Global Advisors solutions business from Pacific Life Insurance Co , the company said on Thursday.
The business provides investment and risk management services to institutional investors and has assets under supervision of more than $18 billion. Terms of the deal were not disclosed.
(Reporting by Lauren Tara LaCapra; Editing by Grant McCool)
1st Jan change | Capi. | |
---|---|---|
+12.05% | 147B | |
-0.79% | 151B | |
+9.28% | 137B | |
-5.94% | 36.38B | |
+11.57% | 25.26B | |
-8.55% | 21.24B | |
+19.88% | 19.89B | |
+43.36% | 17.44B | |
+11.73% | 16.69B | |
+2.08% | 16.28B |