- Ark Invest has acquired Rize ETF, giving it a toehold in Europe
- How much appetite do investors still have for the firm's big bets?
Ark Invest, the US asset manager headed up by Cathie Wood and known for punchy bets on companies such as Tesla (US:TSLA), is coming to Europe.
Ark has bought Rize ETF, a fund known for thematic offerings including the Sustainable Future of Food ETF (FOOD) and Medical Cannabis and Life Sciences ETF (FLWR).