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GSAM buys Old Mutual asset management arm
08 February 2012
The deal increases GSAM’s focus on defined contribution business
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GSAM
Old Mutual
Dwight Asset Management
Goldman Sachs Asset Management (GSAM) has plans to acquire Dwight Asset Management, a Vermont-based stable value money manager, from Old Mutual Asset Management (OMAM).
Over the past several years, GSAM has grown its defined contribution (DC) business and this transaction represents GSAM’s efforts to increase...
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