ARK ETF sees highest quarterly outflow on record

With markets becoming increasingly risk averse, one of the first things investors are turning their backs on is high growth tech stocks.

By Jan-Patrick Barnert, bloomberg

Cathie Wood's flagship, the ARK Innovation ETF (ticker ARKK), has almost certainly just recorded its biggest ever quarter of outflows, with about USD 1.97bn leaving the popular exchange-traded fund through to late September.

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ARK ETF sees highest quarterly outflow on record

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Front page now

Nordic Alpha Partners reels in international investment giants for second fund

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager