Goldman Sachs and T. Rowe Price Unveil Strategic Alliance
1 week ago / Read about 0 minute
Author:小编   

Goldman Sachs and T. Rowe Price have forged a strategic partnership with the ambitious goal of delivering cutting-edge public and private investment solutions. As part of this collaboration, Goldman Sachs is set to make an investment of up to $1 billion, acquiring a stake of up to 3.5% in T. Rowe Price. Additionally, the two financial powerhouses plan to roll out co-branded investment portfolios. This partnership will also see both entities working in tandem to create private asset distribution channels. These channels are specifically designed to cater to the needs of individual investors, financial advisors, and retirees, ensuring a wider reach and enhanced service offerings.