The 'No. 1 question' Ark Invest’s Cathie Wood gets on her website
Publishing timestamp: 2023-10-21 11:00:01
Summary
Cathie Wood, CEO and Chief Investment Officer of Ark Invest, reveals that the most popular question on their website is why their strategies cannot be bought in Europe. Ark Invest recently expanded its exposure to Europe by acquiring Rize ETF Limited. Wood praises Rize ETF for its similar philosophy and focus on future-oriented, thematically driven portfolios with a sustainable orientation. She believes that 25% of the demand for Ark's research strategies comes from Europe. Wood expresses confidence in Rize ETF's research and due diligence and hopes to distribute their strategies globally, including in the US. Ark Invest has approximately $25 billion in assets under management, with its top five holdings being Tesla, Coinbase, UiPath, Roku, and Zoom Video.
Sentiment: POSITIVE
Tickers: COIN, PATH, ROKU, ARKK, TSLA, ZM,
Keywords: zoom video communications inc, wall street, tesla inc, cathie wood, electric vehicles, cryptocurrency, investment strategy, bitcoin, technology, coinbase global inc, roku inc, europe economy, stock markets, markets, uipath inc, business news, breaking news: markets, breaking news: investing, ark innovation etf,
Source: https://www.cnbc.com/2023/10/21/ark-invests-cathie-wood-on-europe-opportunities.html