Cathie Wood Risks Having Too Much Money and Not Enough Stocks
- Selloff in large stakes could create feedback loop: Saxo
- ‘Size will become her enemy,’ Janus Twenty’s Schoelzel says
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While many active stock-pickers these days are worrying about money walking out of the door, Cathie Wood will soon have the opposite problem. Her firm, Ark Investment Management, could be getting too successful for its own good.
Already in February, Ark’s small lineup of exchange-traded funds has added another $7 billion in assets. That’s on top of January’s roughly $8 billion flow, taking the money manager’s ETF assets to $58 billion.