Cathie Wood Risks Having Too Much Money and Not Enough Stocks
Cathie Wood Risks Having Too Much Money and Not Enough Stocks Ark already owns 10% or more of at least 24 companies, including Invitae Corp, Cerus Corp. and CRISPR Therapeutics. Claire Ballentine and Sam Potter | Feb 16, 2021 (Bloomberg) -- While many active stock-pickers these days are worrying about money walking out of the door, Cathie Wood will soon have the opposite problem. Her firm, Ark Investment Management, could be getting too successful for its own good. Already in February, Ark’s small lineup of exchange-traded funds has added another $7 billion in assets. That’s on t...
Source: wealthmanagement.com