The Goldman Sachs Group, Inc., GSStrategic Move to Accelerate Active ETF ExpansionNeos currently oversees approximately $30 billion in assets distributed across 19 exchange-traded funds, specializing in systematic options methodologies. Following completion of the acquisition, Goldman anticipates its active ETF portfolio will swell to roughly $80 billion in total assets under management. As part of the arrangement, Neos co-founders Troy Cates and Garrett Paolella will assume partnership roles at Goldman Sachs upon deal completion. Expanding Asset Management Drives Goldman Sachs PerformanceGoldman has strategically prioritized its asset and wealth management divisions to establish more consistent revenue channels. This acquisition also positions Goldman favorably as major financial institutions increasingly emphasize asset management operations alongside conventional banking services.