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Retail investors slow to buy into ARK Innovation Fund's blistering rally

NEW YORK(Reuters) - Individual investors have given a cold shoulder to Cathie Woods ARK Innovation Fund during their searing run this year, but some market watchers believe that may change if risk appetite keeps improving. The $8 billion fund, which outperformed all U.S. equity funds during the pandemic rally of 2020 but suffered a steep fall last year, is up nearly 37% year-to-date, outpacing broader markets. Despite those gains, the fund has notched more than $250 million in net outf...
United States Ira Iosebashvili Todd Rosenbluth David Randall Cathie Wood Virag Shah

Retail investors slow to buy into ARK Innovation Fund's blistering rally

Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during their searing run this year, but some market watchers believe that may change if risk appetite keeps improving. The $8 billion fund, which outperformed all U.S. equity funds during the pandemic rally of 2020 but suffered a steep fall last year, is up nearly 37% year-to-date, outpacing broader markets. ARK Invest, the fund's parent company, did not respond to a request for comment.
United States Ira Iosebashvili Cathie Wood David Randall Virag Shah David Gregorio
Source: yahoo.com

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Vigil Neuroscience Launches ALSPAware to Provide Access to No-cost Genetic Testing and Counseling for Adult-Onset Leukoencephalopathy with Axonal Spheroids and Pigmented Glia (ALSP)

– New genetic testing initiative designed to enable improved patient diagnosis of ALSP, a devastating, rare genetic neurodegenerative disease – – Through ALSPAware, individuals and... | May 8, 2023
United States Sarah Carmody Ivana Magov Megan Mcgrath Sister Hope Foundation Sciences Corp

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