Goldman Sachs has signed an agreement to acquire Innovator Capital Management, a provider of defined outcome exchange-traded funds (ETFs), in a transaction worth around $2bn. Innovator currently manages 159 defined outcome ETFs. Goldman Sachs Asset Management will add $28bn in assets under supervision (AUS) from Innovator, enhancing its range of custom portfolio solutions and active ETF offerings. The transaction is anticipated to conclude in the second quarter of 2026 pending regulatory approval and cu ...