Quartz·2 min read·medium
Goldman Sachs is taking over $70 billion in retirement assets from Verizon and Lockheed Martin
✦AI Summary
Goldman Sachs has secured a deal to manage $70 billion in retirement assets previously held by Verizon and Lockheed Martin. The portfolio includes $30 billion in pension funds and $40 billion in defined-contribution retirement plans.
The mandates include $30 billion in pension assets and $40 billion in Verizon defined-contribution retirement assets
businesseconomy
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