Goldman Just Paid $2.25 Billion for “Boomer Candy”
At a Glance Goldman Sachs is buying ETF firm Neos for $2.25 billion Neos runs covered-call funds paying yields above 12% The strategy trades away big gains for steady income Analysts say retirees, not market timing, are driving demand Goldman is doubling down on income-hungry retirees. Goldman Sachs just agreed to buy Neos, a fast-growing […]
Goldman Just Paid $2.25 Billion for “Boomer Candy” Read More »
