![]() ![]() “Anyone hewing to the benchmarks, which are backwards looking, they’re not about the future. “We’re all about finding the next big thing,” said Wood during an initial interview with David Westin on Bloomberg Wall Street Week earlier this month. among consumer discretionary companies netted 185% and 269% in her fund, according to data compiled by Bloomberg. Choosing Palo Alto-based Tesla and Buenos Aires-based MercadoLibre Inc. ![]() Her selection of health-care juggernauts Juno Therapeutics Inc., based in Seattle, and Invitae Corp., in San Francisco, returned 286% and 173%, respectively, in the past three years. Since its inception, Ark has earned almost 2.4 times more than the S&P 500 and 1.7 times the Nasdaq, according to data compiled by Bloomberg.Īt a point when money management mostly is a passive, index-driven business, Wood is a discerning stock picker with about $11 billion of assets. ![]() In the process, the Ark ETF rewarded its shareholders with more than three times the return of the S&P 500 Index and more than twice the Nasdaq’s bounty. Her focus on innovation, “centered around genome sequencing, robotics, artificial intelligence, energy storage and blockchain technology,” enabled Ark Innovation ETF to increase 127 times, to $2.4 billion from its $15 million grubstake in 2017.
0 Comments
Leave a Reply. |