Cathie Wood’s ARK lands on European shores with Rize ETF acquisition

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Popular investor’s latest foray draws skepticism

Popular investor Cathie Wood is entering the European market with the acquisition of Rize ETF, but some investors are skeptical about the one-time pandemic darling’s foray into the region’s nascent ETF market.

Shares of Ark’s flagship fund, ARK Innovation , have gained 33% so far this year, after two straight years of sharp losses. “ARK now has a foot in the European door, but it still has work to do to persuade fund buyers they need exposure to their specialist, high-octane fund range.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cathie Woods' ARK lands on European shores with Rize ETF acquisitionBy Bansari Mayur Kamdar (Reuters) - Popular investor Cathie Woods is entering the European market with the acquisition of Rize ETF, but some investors ...
Source: SaltWire Network - 🏆 45. / 63 Read more »