Goldman Sachs bets on active ETFs with Neos acquisition

Goldman Sachs will acquire Neos Investments for up to $2.25 billion to expand its active ETF footprint. Neos manages about $30 billion across 19 ETFs and employs options to generate income and cap downside risk. The deal, expected to close in Q1 2027, would push Goldman’s active ETF assets toward $80 billion, with Neos co-founders joining as partners, continuing Goldman’s strategy of growing its asset-management business through acquisitions.