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.”
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