3 articles · Updated · Wealth Professional · Sep 8
Summary
Five IG Wealth Management retail funds have shifted to Goldman Sachs Asset Management's Multi-Asset Solutions team and been renamed the IG Strategic Wealth Portfolios.
Goldman Sachs will add its own flagship strategies to the former IG Core Portfolios, combining them with existing holdings through its open-architecture, multi-manager platform.
The firms said the move is meant to give IG clients and Canadian retail investors broader access to globally diversified equity, fixed-income and alternative strategies that were historically reserved for institutional investors.
Goldman Sachs said its team will run the portfolios with active asset allocation, risk discipline and a more dynamic approach as global economic conditions become faster-moving and less predictable.
The five renamed funds span Income Focus, Income Balanced, Balanced, Balanced Growth and Growth, extending the partnership across IG's core retail lineup.