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The Economic Times
The Economic Times
Business

Goldman Sachs ups ETF push, set to acquire Neos Investments for up to $2.25 billion

Goldman Sachs is said to acquire ETF provider Neos Investments for up to $2.25 billion, strengthening the Wall Street bank’s active asset management operations, Reuters reported.

Neos handles $30 billion worth assets across 19 ETFs that track a range of indexes and use options to generate income and limit losses.

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