S&P 5007,748.50▲0.3% Nasdaq26,588.49▲0.5% Dow53,770.27▼0.0% Russell 2K3,045.48▲0.6% 10-Yr4.68%+0bp VIX14.55−0.73 WTI$82.68▼0.6% Gold$4,467.10▲1.9% EUR/USD1.153▼0.2% BTC$63,346▼0.3% Nikkei66,970▲2.1%
At close · Wed, Aug 12, 2026
Daily Market Updates.

ETFs & Funds

Home›ETFs & Funds›Fund Industry›Goldman Sachs to buy Neos Investments in new ETF push

Goldman Sachs to buy Neos Investments in new ETF push

The deal adds another ETF-focused asset manager to Goldman Sachs’ expanding fund business.

Reported · Written up by our desk · Fund Industry

Goldman Sachs has agreed to buy Neos Investments, according to MarketWatch.

The acquisition is aimed at growing Goldman’s asset-management presence, adding another ETF shop to its fast-expanding lineup.

MarketWatch characterizes the trend as growing demand for so-called boomer candy ETFs, which has helped drive consolidation among ETF providers.

← Newer storyTerra Nova Plaza sells for $30.4 million in Chula Vista

More like this

ETFs & FundsJB Global Capital letter points to PayPal results and buybacks
ETFs & FundsImmersion Investment Partners says Red Violet helped drive 39.1% Q2 gains
ETFs & FundsImmersion Investment Partners says SRTA helped lift its Q2 2026 returns
ETFs & FundsGoldman Sachs to buy Neos Investments, expanding its ETF business
ETFs & FundsAirfares rise 25% year over year as demand stays resilient

Sources

MarketWatchGoldman’s latest deal underscores how ‘boomer candy’ ETFs are now big business on Wall Street
MarketWatchGoldman’s latest deal underscores how ‘boomer candy’ ETFs are now big business on Wall Street

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.