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Ark Innovation ETF’s dependence on interest rate forecasts undermine stockpicking reputation
Investors have largely remained loyal to highly volatile ETF even though it has fallen nearly three-quarters from its peak
What to look for this year in the corporate world in sectors from energy to private capital and technology
Flagship innovation strategy represents ‘canary in the coal mine’ for regime shift in markets, says Morningstar
Style drift FTW
Move is the group’s third shake-up of leading roles at the company in three months
Shares in the ETF plunged more than 50% in first half of 2022
Plus, writedowns on Russian assets, commodities price shock, and Louise Bourgeois at the Hayward Gallery
Global listings of thematic ETFs have surged since 2020, despite their investment risks
Research finds tailored funds have a poor record of returns despite their strategies’ appeal
A year ago, she managed more than $60bn. Now she faces the toughest battle of her career
Overstating promise of emerging field threatens to skew valuations and progress in biotech sector
Ark Invest founder’s flagship fund is down 27% this year
Berkshire Hathaway’s shares have climbed as Ark’s flagship fund is hit by the growth-to-value rotation
Selling by executives and founders of portfolio groups comes at fraught moment for speculative tech shares
ETF slumps 9% following painful run last year as investors pull more than $300m this year
Plus, the next quant revolution, the sell-off in silliness, and Kehinde Wiley at the National Gallery
Concentrated bets on disruptive companies have left the pioneering ETF company vulnerable as sentiment shifts
Star manager’s flagship fund has fallen by a quarter this year as investors ditch tech stocks
So, what does Cathie Wood say now?
Written by Christine Lagarde, Elizabeth Warren, Malala Yousafzai, Jane Fraser, Greta Thunberg and many more
Short seller bets against ARKK deliver returns of more than 9% in one month
Asset manager joins growing number of firms trading New York for warmer weather and lower taxes
Despite Masayoshi Son’s doubts, Japan still has the ability to lead a tech-centric global industrial revolution
Founder of Bridgewater also dismisses Cathie Wood’s prediction that cryptocurrency will hit $500,000
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