Cathie Wood, the founder of Ark Investment Management, is expanding her Ark ETFs to Europe as investors in the US are choosing to exit. Wood’s decision to bring her popular exchange-traded funds to Europe comes as a response to the growing interest from international investors.
Ark Investment Management is known for its innovative and high-performing ETFs, which have gained a significant following in the US. However, recent market trends have seen US investors moving away from these funds, prompting Wood to explore new opportunities in Europe.
The move to expand into Europe is a strategic one for Wood, as she looks to capitalize on the increasing demand for disruptive and forward-thinking investments. By offering her Ark ETFs to European investors, Wood aims to attract a new set of clients who are seeking exposure to innovative and high-growth companies.
Wood’s decision to venture into the European market reflects her confidence in the potential for growth and success outside of the US. With her track record of success in the ETF industry, Wood is well-positioned to make a splash in Europe and continue to attract investors who are looking for unique and high-potential investment opportunities.