Elaine Schoelzel remembered… weeklyregistercall.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from weeklyregistercall.com Daily Mail and Mail on Sunday newspapers.
“Farewell, Mutual Funds,” by John Rekenthaler, Morningstar.com, Jan. 21, 2021.
Transcript
Jeff Ptak: Hi, and welcome to The Long View. I m Jeff Ptak, chief ratings officer for Morningstar Research Services.
Christine Benz: And I m Christine Benz, director of personal finance for Morningstar.
Ptak: Our guest today is Russ Kinnel. Russ is director of manager research for Morningstar Research Services and the longtime editor of the
Morningstar FundInvestor newsletter. As part of his duties, Russ chairs the North America ratings committee that oversees and approves the analyst ratings that Morningstar s manager research analysts assign to the funds they cover. A mainstay of our research efforts for years, Russ has authored a number of well-known and widely cited studies, including the annual “Mind the Gap” study of investor returns and is frequently quoted in the financial media. Russ is a graduate of the University of Wisconsin in Madison, from which he received his bac
Cathie Wood Risks Having Too Much Money and Not Enough Stocks Ark already owns 10% or more of at least 24 companies, including Invitae Corp, Cerus Corp. and CRISPR Therapeutics.
Claire Ballentine and Sam Potter | Feb 16, 2021
(Bloomberg) 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.
Flaw Of Large Numbers: Cathie Wood's ARK Invest Risks Having Too Much Cash zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
The Globe and Mail Michael Mackenzie Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer
Shannon Stapleton/Reuters
Echoes of the past often ricochet around markets to inform the present. So, for longtime market watchers, it’s difficult not to see parallels between frothier parts of the technology sector and the dot-com boom.
Current conditions are still some way off the mania of 1999, when the tech-heavy Nasdaq Composite Index powered ahead almost 90 per cent before the big bust in 2000.