Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World - Bloomberg

Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.

Amped up by a meme-crazed market and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the $6.6 trillion U.S. exchange-traded fund universe like never before -- adding a new twist in the 50-year invasion from passive investing.

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Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World - Bloomberg
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