Cathie Wood’s Ark Names ‘Chief Futurist’ as Innovation ETFs Fall

  • Brett Winton, former director of research, assumes new role
  • ‘He’s probably the heir apparent there’: BI’s Balchunas

Brett Winton

Photographer: Eva Marie Uzcategui/Bloomberg
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Cathie Wood’s Ark Investment Management named its first “chief futurist” as the firm’s innovation-themed ETFs struggle in this year’s volatile market.

Brett Winton, director of research, will assume the new role, according to a statementBloomberg Terminal Wednesday. He will “focus on the convergence between and among the five innovation platforms” Ark targets -- artificial intelligence, robotics, energy storage, gnomic sequencing and blockchain technology.