Cathie Wood is finally dipping her famous ETF investment fund into Europe. But the Tesla acolyte isn’t expecting conditions to be welcoming on the continent.
Wood’s ARK bought a 70% stake in European fund group Rize ETF for $5.5 million last month. The group builds exchange-traded funds around “future first” assets. For Rize, that means everything from the future of sustainable food to the development of the circular economy.
