The Dark Side of the ETF Boom: Where Substance Meets Sophistication The world of exchange traded funds (ETFs) has become a Wild West of sorts, where investors are increasingly seduced by clever structures and tax efficient strategies.
Beneath this boom lies a more complex story – one that involves aggressive tax planning, a growing dependence on options income, and an unsettling disregard for traditional dividend paying stocks.
Goldman Sachs's recent $2. 3 billion acquisition of NEOS has sent shockwaves through the industry. With this deal, the bank vaults into the top ten issuers with over $130 billion in assets under management.