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Market Impact: 0.25
IG Wealth hires Goldman Sachs to bring institutional investment strategy to masses
Source: The Globe and Mail
Asset ManagementCompany Fundamentals
IG Wealth Management, which oversees savings for roughly 1 million Canadians, is awarding Goldman Sachs a multibillion-dollar investment mandate. The partnership is intended to broaden retail investors’ access to institutional-style investment strategies, representing a positive strategic development for both firms but with limited broader market impact.
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