Goldman Sachs to Buy Neos Investments for $2.25 Billion

Bloomberg finance reporter Katherine Doherty discusses Goldman Sachs's agreement to buy Neos Investments for up to $2.25 billion. She says the deal gives Goldman access to established options-based ETFs that offer upside with managed downside risk, expanding its asset-management ETF franchise. The conversation highlights broader asset-manager interest in ETFs and Goldman's shift toward acquiring outside expertise rather than building in-house. - Goldman Sachs to acquire Neos Investments for up to $2.25 billion. - Neos specializes in options-based ETFs with risk-managed yield. - The deal expands Goldman's actively managed ETF offerings. - Goldman chose acquisition over building its own platform in-house. - Neos executives are expected to join Goldman's partnership. - Broader asset managers see ETFs as attractive for upside with managed downside.