Goldman Sachs Plans to Acquire ETF Issuer Neos Investments for $2.3 Billion
Source：
www.bloomberg.com
According to Bloomberg, Goldman Sachs Group announced it will acquire ETF issuer Neos Investments for up to $2.25 billion in cash and stock to expand its footprint in the actively managed ETF market. Neos owns nearly 20 option income ETF products, with assets under management of approximately $32 billion. The acquisition is led by Marc Nachmann, head of Goldman Sachs Asset Management.
