Why Goldman Sachs Is Buying ETF Issuer Innovator Capital
Bryon Lake, Goldman Sachs Asset Management partner and chief transformation officer, explains why the company is paying $2 billion to buy Innovator Capital Management. Innovator specializes in defined-outcome ETFs, which...
By Bloomberg Markets · Bloomberg Markets
Bryon Lake, Goldman Sachs Asset Management partner and chief transformation officer, explains why the company is paying $2 billion to buy Innovator Capital Management. Innovator specializes in defined-outcome ETFs, which seek to limit investors’ downside risk in exchange for capping upside potential. (Source: Bloomberg)