The ‘No. 1 question’ Ark Invest’s Cathie Wood receives on her web page

The ‘No. 1 question’ Ark Invest’s Cathie Wood receives on her web page


Cathie Wood on bringing her strategies to Europe

The most well-liked query on Ark Invest’s website has nothing at all to do with investing in the U.S., in accordance to the firm’s CEO and Main Expenditure Officer Cathie Wooden.

“The No. 1 question on our web-site as we observe these thoughts is: Why cannot we buy your techniques in Europe?” the tech investor advised CNBC’s “ETF Edge” this week.

Wood’s business expanded its publicity to Europe previous month by buying the Rize ETF Confined from AssetCo.

“We discovered this small gem of a company inside of AssetCo, which philosophically and from a DNA issue-of-watch, is very a lot like Ark,” Wooden reported. “They know what is actually in their portfolios. They are quite centered on the long term, thematically oriented. They do have a sustainable orientation, which is absolutely essential in Europe.”

She speculates 25% of complete need for Ark’s study approaches comes from Europe.

“We’re terribly impressed with the quality of their [Rise ETF] personal analysis and thanks diligence,” Wooden claimed. “We noticed it all through the deal, and I believe we’re heading to strike the ground running if the regulators approve our techniques there. And, of course, we would like to distribute their tactics through the planet which includes the US.”

Wood’s business has about $25 billion in assets less than management, in accordance to the agency. As of Sept. 30, FactSet stories Ark’s major five holdings are Tesla, Coinbase, UiPath, Roku and Zoom Movie.



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