Goldman Sachs makes big bet on ETFs specializing in downside protection
Goldman Sachs Asset Management is acquiring Innovator Capital Management for $2 billion to expand in defined outcome ETFs, which offer downside protection using options. The deal, expected to close in the first half of next year, is seen as a growth engine for the industry. These ETFs are attractive for investors seeking stock market exposure with risk management, addressing client demand for income, downside protection, and growth.