| Goldman Sachs Group (GS.N) is in discussions to acquire IndexIQ, a Rye Brook, New York-based exchange-traded fund provider, according to three sources familiar with the situation. The deal, if finalised, would enable Goldman to introduce passively managed and actively managed exchange traded funds within months.
A Goldman Sachs Asset Management spokeswoman declined to comment. A call and email to Adam Patti, the chief executive of IndexIQ, was not immediately returned...............................................Full Article: Source
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