Goldman enhances ETF presence via NIOUS deal

It has been confirmed that Goldman Sachs intends to acquire News Investments for up to $2.25 billion to strengthen its presence in active asset management. News manages assets worth $30 billion across 19 exchange-traded funds that utilize options strategies to generate additional income and reduce risks. The company achieved approximately a 19% return over one year up to June, with total returns since its founding approaching 15%. Goldman Sachs' acquisition aims to expand its portfolio of actively managed index funds, with the total assets under management expected to reach $80 billion after the deal is completed in the first quarter of 2027. Participating co-founders of News are expected to join Goldman Sachs as part of the transaction.

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