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Goldman Sachs retains UPS pension fund management beyond initial term?
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Goldman Sachs Secures $43.4 Billion UPS North American Pension Fund Assets Deal
May 16, 2024, 02:36 PM
Goldman Sachs has secured a significant deal to manage $43.4 billion in pension fund assets for UPS. The agreement appoints Goldman Sachs Asset Management as the outsourced chief investment officer for the North American pension fund assets of the parcel-delivery company. This mandate involves overseeing the pension funds in both the U.S. and Canada. Goldman Sachs clinched the $43 billion mandate, highlighting its strong position in asset management.
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