| Wood's ARK Plans Launch of 3 Active ETFs in Europe
March 8, 2024--Cathie Wood's ARK Invest Europe will launch three active ETFs next month, including a version of its flagship $7.5bn ARK Innovation ETF (ARKK), according to comments from Stuart Forbes, head of ARK Invest Europe, at a recent webinar. |
| ARK, which manages eight U.S. exchange traded funds in the U.S. managing $13.1 billion, and acts as sub-advisor on another six funds, entered the European market in September with the acquisition of Rize ETF. |
| ESAs warn of risks from economic and geopolitical events September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties. |