Goldman Sachs Acquires NEOS in $2.25 Billion Deal to Boost Active ETFs

Goldman Sachs is set to acquire NEOS, an issuer of active ETFs, in a deal valued at up to $2.25 billion. This acquisition signals Goldman Sachs' bullish outlook on active exchange-traded funds and expands its presence in the market.

13 Aug, 18:21 — 13 Aug, 18:21

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bloombergHigh21h ago

Goldman Sachs Is Bullish on Active ETFs With Purchase of SPYI, QQQI Issuer

The firm is pushing further into a market where investors are willing to pay for ETFs that promise something more specific than simply tracking an index.

By Isabelle Lee

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Coverage Timeline

First report: Yahoo · 13 Aug, 14:30|Full coverage: 2 · 4h|Window: 4h

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Yahoo13 Aug, 14:30First to report

Goldman Sachs Expands Bitcoin Push With $2.25B Asset Manager Deal

4h later

bloomberg13 Aug, 18:21Latest update

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Goldman Sachs Acquires NEOS in $2.25 Billion Deal to Boost Active ETFs

Sources

Goldman Sachs Is Bullish on Active ETFs With Purchase of SPYI, QQQI Issuer

Coverage Timeline

Goldman Sachs Expands Bitcoin Push With $2.25B Asset Manager Deal

Goldman Sachs Is Bullish on Active ETFs With Purchase of SPYI, QQQI Issuer

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