Connect with us

Hi, what are you looking for?

Tech

How a Flood of Cash Swamped Cathie Wooden’s ARK

How a Flood of Cash Swamped Cathie Wooden’s ARK

Fund supervisor Cathie Wooden turned a celebrity in 2020, after her ARK exchange-traded funds earned a few of the highest returns in historical past.

Up to now this 12 months, ARK Innovation, the biggest of Ms. Wooden’s ETFs, is down greater than 15%. Over the previous 12 months, it has underperformed Invesco QQQ Belief, which tracks the technology-dominated Nasdaq-100 index, by a startling 65 proportion factors.

You May Also Like

World

France, which has opened its borders to Canadian tourists, is eager to see Canada reopen to the French. The Canadian border remains closed...

Health

Kashechewan First Nation in northern Ontario is experiencing a “deepening state of emergency” as a result of surging COVID-19 cases in the community...

World

The virus that causes COVID-19 could have started spreading in China as early as October 2019, two months before the first case was identified in the central city of Wuhan, a new study...

World

April Ross and Alix Klineman won the first Olympic gold medal for the United States in women’s beach volleyball since 2012 on Friday,...