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Exclusive: Goldman Sachs in talks to acquire ETF provider IndexIQ - sources
(Reuters) - Goldman Sachs Group is in discussions to acquire IndexIQ, a Rye Brook, New York-based exchange-traded fund provider, according to three sources familiar with the situation.
The deal, if finalized, would enable Goldman to introduce passively managed and actively-managed exchange traded funds within months.
A Goldman Sachs Asset Management spokeswoman declined to comment. A call and e-mail to Adam Patti, the chief executive of IndexIQ, was not immediately returned.
(Reporting By Jessica Toonkel; Editing by Diane Craft)