The acquisition will bring NEOS’ options-based income strategies together with Goldman Sachs’ growing buffer and managed outcome ETF capabilities, following its purchase of Innovator.
Goldman Sachs is expanding its presence in the fast-growing options-based ETF market through an agreement to acquire NEOS Investments, adding US$30 billion of active income ETF assets to a platform that already includes its recently acquired Innovator business. The acquisition will bring together NEOS, Innovator and GSAM's existing capabilities to create what Goldman describes as a broad options-based ETF franchise The transaction will give Goldman Sachs Asset Management (GSAM) a broader ran