{"id":339,"date":"2019-01-01T09:00:29","date_gmt":"2019-01-01T09:00:29","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/simonharry2-1\/?p=339"},"modified":"2020-03-16T17:19:45","modified_gmt":"2020-03-16T17:19:45","slug":"catherine-cathie-wood-named-among-the-50-most-influential-people","status":"publish","type":"post","link":"https:\/\/advisor.wellington-altus.ca\/simonharry\/2019\/01\/01\/catherine-cathie-wood-named-among-the-50-most-influential-people\/","title":{"rendered":"Catherine (Cathie) Wood Named Among the 50 Most Influential People"},"content":{"rendered":"<div class=\"sc-bZQynM jpkCIC\">\n<h1 class=\"sc-gzVnrw fZfchW\">Cathie Wood<\/h1>\n<p class=\"sc-htoDjs kaRHlq\" data-section=\"Finance\">CEO, Ark Investment Management LLC<\/p>\n<\/div>\n<div class=\"sc-dnqmqq gffKLo\">\n<p class=\"sc-iwsKbI fKHgPg\">Ark\u2019s exchange-traded funds almost tripled their assets thanks to Wood\u2019s success investing in tech companies.<\/p>\n<\/div>\n<div class=\"sc-gqjmRU iUSJZq\">\n<div>\n<p>Ninety-eight percent of ETF managers buy an index of stocks or bonds, but Wood takes a more active approach, picking industry disrupters and raising or lowering her stakes every day. The strategy is working. Two of her six funds are among the 10 best-performing ETFs of the year, out of more than 1,800. Her largest technology fund has returned 16 percent, and another that focuses on DNA technology has gained 18 percent. That\u2019s attracted investor cash, bringing ETF assets to $2.3 billion, up from $843 million at the end of 2017. (Overall, Ark-managed assets are up to more than $6.4 billion as of late November, from $3.2 billion last year.) Wood\u2019s top picks this year include Invitae Corp., a genetic testing company that doubled its stock price, and the cancer research company Juno Therapeutics Inc., for which Celgene Corp. paid $9 billion. \u2014<em>Rachel Evans<\/em><\/p>\n<\/div>\n<p>Source:\u00a0<a href=\"https:\/\/www.bloomberg.com\/features\/2018-bloomberg-50\/#cathie-wood\">https:\/\/www.bloomberg.com\/features\/2018-bloomberg-50\/#cathie-wood<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cathie Wood CEO, Ark Investment Management LLC Ark\u2019s exchange-traded funds almost tripled their assets thanks to Wood\u2019s success investing in tech companies. Ninety-eight percent of ETF managers buy an index of stocks or bonds, but Wood takes a more active approach, picking industry disrupters and raising or lowering her stakes every day. The strategy is [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":340,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"acf":[],"_links":{"self":[{"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/posts\/339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/comments?post=339"}],"version-history":[{"count":1,"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/posts\/339\/revisions"}],"predecessor-version":[{"id":341,"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/posts\/339\/revisions\/341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/media\/340"}],"wp:attachment":[{"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/media?parent=339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/categories?post=339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/simonharry\/wp-json\/wp\/v2\/tags?post=339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}