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    HomeNewsOpinionTech funds: Cathie Wood can’t fight the Fed

    Tech funds: Cathie Wood can’t fight the Fed

    Ark Innovation ETF’s dependence on interest rate forecasts undermine stockpicking reputation

    Financial Times
    ©The Financial Times Limited 2020 May 25, 2023 / 11:46 AM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    The problem for the Ark Innovation ETF is that its performance is closely tied to expectations of US interest rate rise. (File image)
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