Asset Management

How Cathie Wood’s ARK plans to crack Europe: ‘We are not the typical US player’

ARK wants to attract younger investors in Europe as it competes with ETF incumbents including iShares and Amundi

ARK Invest founder Cathie Wood has gained a loyal following in the US
ARK Invest founder Cathie Wood has gained a loyal following in the US Photo: Paras Griffin/Getty Images

Breaking into Europe’s competitive exchange traded funds market has been a long-standing ambition for ARK Invest, the US firm founded by star portfolio manager Cathie Wood in 2014.

A decade after Wood broke away from AllianceBernstein to strike out on her own, her firm now oversees around $25bn — although that figure is down from a peak of more than $60bn in February 2021.

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