Goldman $2.25 Billion Neos Deal Raises Stakes in Active-ETF Race

Goldman Sachs is acquiring Neos Investments for up to $2.25 billion, signaling an intensifying competition in the active ETF market. The deal reflects Wall Street's strategy of acquiring specialized ETF firms that have achieved growth independent of low-cost index giants. This acquisition demonstrates that established financial institutions are willing to pay premium prices to compete in the growing active ETF sector.