ETF Mergers Surge Amid Industry Consolidation Efforts

The ETF industry is experiencing a wave of consolidation, with several major deals announced in August.

Goldman Sachs acquired NEOS Investments, while T. Rowe Price plans to add F/M Investments and Victory Capital will acquire First Eagle.

Nate Geraci, president of NovaDius Wealth Management, noted that large asset managers need differentiated products and nimble issuers require distribution power.

Geraci highlighted Amplify ETFs, BondBloxx, GraniteShares, and Simplify as potential targets for larger firms looking to scale their product lineups.