News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Investors are bailing on Cathie Wood’s flagship ETF — and it could get even worse

Forecasts of higher inflation and tighter monetary policy could weigh heavy on some of the flagship ETFs largest holdings

Cathie Wood, chief executive and chief investment officer of ARK Investment Management
Cathie Wood, chief executive and chief investment officer of ARK Investment Management Photo: Alex Flynn/Getty Images

Matters could get worse for US star fund manager Cathie Wood and her $18.4bn ARK Innovation ETF, which is already down 9% since the start of January.

The flagship exchange traded fund has started 2022 on shaky ground, with the technology laden fund one of the worst casualties of the brutal selloff across the sector.

WSJ Logo