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)
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5-day change | 1st Jan Change | ||
417.7 USD | +0.59% | +0.96% | +8.27% |
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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. | |
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+8.27% | 143B | |
+0.98% | 154B | |
+5.15% | 132B | |
+22.94% | 121B | |
-5.20% | 36.92B | |
+15.17% | 26.84B | |
-14.06% | 20.69B | |
+16.07% | 19.74B | |
+53.30% | 19.11B | |
-0.93% | 15.77B |