The Goldman Sachs Group (GS)’s $2.3 Billion ETF Bet: How Does It Compare With JPMorgan?
The Goldman Sachs Group, Inc. (NYSE:GS)–NEOS deal looks strategically important because it pushes Goldman further into a part of asset management that is growing quickly: actively managed ETFs, particularly products that use options to generate income and manage downside risk. Goldman is paying up …