📈 Stocks & Economy🌐 Global
Goldman Sachs Lands $70 Billion in Retirement Asset Deals with Verizon and Lockheed Martin
CNBC·Sunday, 12 July 2026
Goldman Sachs Asset Management won $70 billion worth of retirement asset management deals from Verizon and Lockheed Martin. The wins highlight fierce competition in the multitrillion-dollar market for retirement assets among managers like BlackRock, Russell Investments, and Mercer.
Why It Matters
Goldman's dominance in institutional asset management signals where the biggest pools of long-term capital are moving — a useful signal for investors watching which financial firms are winning in the current environment.
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