Goldman Sachs Acquires ETF Provider Neos in $2.3 Billion Deal, Highlighting ETF Market Growth
Goldman Sachs has announced its acquisition of ETF provider Neos Investments in a deal valued at approximately $2.3 billion, a strategic move that underscores the growing significance of active ETFs on Wall Street.
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Goldman Sachs to Acquire ETF Provider Neos in $2.3 Billion Deal
Goldman Sachs Group will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager’s reach in the actively managed exchange-traded fund market. Bloomberg's Neil Sipes joins to discuss. (Source: Bloomberg)
Read full article →Goldman Sachs to acquire ETF provider Neos for up to $2.3bn
Wall Street bank continues to boost presence in asset management
Read full article →Goldman’s latest deal underscores how ‘boomer candy’ ETFs are now big business on Wall Street
Goldman Sachs announced Wednesday that it has agreed to buy Neos Investments, adding yet another ETF shop to its fast-growing asset-management business.
By Joseph Adinolfi
Read full article →Goldman Sachs to Acquire ETF Provider Neos in $2.3 Billion Deal
Goldman Sachs Group Inc. will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager’s reach in the actively managed exchange-traded fund market.
By Sridhar Natarajan, Todd Gillespie
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