Goldman Sachs Bets Again on Options ETFs With NEOS Deal
Goldman Sachs is doubling down on options-based ETFs. The bank said Wednesday it has agreed to acquire NEOS Investments, a fast-growing specialist in options-income ETFs, in a deal worth up to $2.25 billion in cash and equity.NEOS manages $32.4 billion across 19 US-listed ETFs, but the business is…
Goldman Sachs is doubling down on options-based ETFs. The bank said Wednesday it has agreed to acquire NEOS Investments, a fast-growing specialist in options-income ETFs, in a deal worth up to $2.25 billion in cash and equity.NEOS manages $32.4 billion across 19 US-listed ETFs, but the business is…
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