Asset Managers

Cathie Wood’s faith in innovation remains strong

Cathie Wood, ARK Innovation ETF. Photo by Ark.

While the plunge in the Ark Innovation ETF, a once-popular technology fund with about 50 billion dollars in assets, has made some investors question the fund’s strategy, Ark’s long-revered manager Cathie Wood made clear on Monday that she has not lost her faith in the power of innovation.

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