College pipeline and other programs have helped firms attract more women to junior-level roles. Now the challenge is to keep them and push them to the top.
Cathie Wood s phenomenal rise brings ETF assets to US$60B
Claire Ballentine, Bloomberg News Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York, U.S., on Tuesday, Oct. 16, 2018 , Photographer: Bloomberg/Bloomberg
Itâs another milestone for Cathie Woodâs Ark Investment Management.
Less than two weeks after hitting US$50 billion in assets, the red-hot firm now manages more than US$60 billion, as funds flow into Woodâs exchange-traded funds at the fastest pace ever. Last week alone, the Ark family added almost US$3.8 billion with five of its funds notching record weeks of inflows, according to data compiled by Bloomberg.
By Linda Zhang, CEO of Purview Investments, Portfolio Manager of ECOZ, Low-Carbon ESG ETF
In the upcoming series of Investment Insights, Linda Zhang, CEO of Purview Investments, PM of low-carbon ETF (ticker ECOZ), will explore several key trends in the global industry transitions toward a carbon-neutral economy. The scale and acceleration of these green transitions represent long-lasting investment opportunities while leaving a positive mark on the journey toward a clean environment and equitable society.
Purview Investments is an SEC-registered firm that specializes in climate resilience and ESG investments. Purview is the subadvisor for
TrueShares ESG Active Opportunities ETF, ticker ECOZ, an actively managed US Equity product that focuses on radically reducing portfolio carbon footprints. Linda Zhang is a co-founder and board member of non-profit organization Women in ETFs and the committee co-head of Speakers’ Bureau.