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'These are the next FANG stocks,' Ark Invest portfolio manager says as firm sees record-breaking inflows

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'These are the next FANG stocks,' Ark Invest portfolio manager says as firm sees record inflows

In some ways, Ark's holdings give investors "forward-looking exposure" as these companies' technologies disrupt industries, Leggi said.

To Harry Whitton, whose Old Mission Capital firm provides liquidity for ETF issuers, Ark's success could bring about even more growth in the actively managed ETF space. GTS principal Reggie Browne, who is sometimes known as the "godfather of ETFs," largely agreed, saying that major market reversals tend to play in favor of active managers.

"I think you'll see a lot of growth in the active-equity space utilizing either a transparent vehicle to deliver those views or a nontransparent vehicle over the next, call it, 18 months or so."

 

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'We have zero FANG exposure' is a lie. They had APPLE and FB in some of their ETF's. Just bought a bunch of FB today.

She's been right so far

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