ARK Invest CEO says Tesla boss has ‘redefined transportation the way that Steve Jobs redefined cell phones’
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Her retail investor fans wear T-shirts saying ‘In Cathie We Trust’. But having conquered hearts and minds in the US, can the veteran money manager do the same in Europe with active ETFs?
6 min read
The week’s top asset management stories, all in one place
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High-profile fund manager says investors risk getting ‘hurt badly’ again
2 min read
The US Securities and Exchange Commission approved bitcoin exchange-traded funds in January
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The SEC has yet to approve a string of spot bitcoin applications that it has received from asset managers, including BlackRock, Invesco, Fidelity and VanEck
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ARK wants to attract younger investors in Europe as it competes with ETF incumbents including iShares and Amundi
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What's going on in fintech this week, from FN's correspondents
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ARK funds also sell Nvidia and Alphabet shares
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'We see three revolutions taking place because of crypto'
9 min read
ARK funds dumped $26m more in Coinbase stock and shed $13m more in Tesla shares
Storied stock-picker offloads shares in the crypto exchange as markets eagerly await its next moves on a bitcoin ETF
The ETF founder is seeing a drop in large holdings such as Tesla and Zoom
Coinbase stock plunged amid reports of dual SEC probes
The shutdown will mark the first fund closure since Wood launched her firm in 2014
2 min read
‘It has become the single issue some people are voting on – and this is bipartisan’
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Morningstar claims star Cathie Wood has 'doubled down on her perilous approach' in the hopes she can repeat performance success recorded in 2020
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Mad Money host has a characteristically flamboyant metaphor for the stock-picker's current troubles
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Star stock-picker is sticking to her electric vehicle bets despite a tough time for her flagship tech-focused fund
2 min read