ARK's Wood says rotation to value a long-term positive despite tech selloff

ARK's Wood says rotation to value a long-term positive despite tech selloff

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-usa-stocks-ark-invest/arks-wood-says-rotation-to-value-a-long-term-positive-despite-tech-selloff-idUSKBN2B02MS

ARK Investment Management Chief Executive Cathie Wood defended her strategy on Monday, arguing the recent outperformance of value and economically sensitive cyclical sectors will make for a stronger bull market and help her funds in the longer term.

ARK's Wood says rotation to value a long-term positive despite tech selloff

Mar 9, 2021, 12:19am UTC
https://www.reuters.com/article/us-usa-stocks-ark-invest/arks-wood-says-rotation-to-value-a-long-term-positive-despite-tech-selloff-idUSKBN2B02MS >ARK Investment Management Chief Executive Cathie Wood defended her strategy on Monday, arguing the recent outperformance of value and economically sensitive cyclical sectors will make for a stronger bull market and help her funds in the longer term.