Resolute Investment Managers, which acquired a minority investment in Ark Investment Management in 2016, is attempting to purchase a controlling stake in the firm.
Volatile markets in which stocks move less in lockstep should be a recipe for making money. But much of the industry is struggling, and clients are losing patience.
“A rotation away from tech, particularly if that’s combined with the traditional energy sector coming back into favor, could spell doom for ESG ETF performance.”