Under the terms of this sub-advisory arrangement, Goldman Sachs will deploy its open architecture platform to handle portfolio management duties. The move aims to leverage the firm's established expertise in multi-manager strategies. By handing over these responsibilities, IGM Financial intends to refine the performance and operational structure of its core retail offerings, transitioning away from the internal management model that defined the suite under its former branding.
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IG Wealth Management Outsources Core Portfolio Oversight to Goldman Sachs
IG Wealth Management is shifting the management of its flagship retail fund suite to Goldman Sachs Asset Management. The agreement, announced Tuesday, tasks the global investment firm with overseeing the IG Strategic Wealth Portfolios, a collection of five investment vehicles previously marketed as the IG Core Portfolios.
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