Can ARK Survive the Flood?

Editor's Views: The popularity of ARK funds has parallels with the Woodford debacle, and why more female fund managers should speak up

Holly Black 12 March, 2021 | 11:00AM
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The ARK story is a fascinating one to watch and raises more investment questions that we have the time, space or inclination for in this column. But a particularly interesting point made by my colleague Ben Johnson this week is the one of liquidity. More specifically: how can you manage liquidity in an ETF?

The word liquidity alone is enough to trigger nightmares for many UK investors. The last time this word was bandied about we were talking about the collapse of the Woodford Equity Income fund. But that fund had one vital tool in its armoury that the ARK ETFs do not – the ability to close.

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About Author

Holly Black  is Senior Editor, Morningstar.co.uk