In the News
Asked 2w ago
Do you think it safe or advisable to invest in their ARKK ETFs now with the takeover battle? https://www.bloomberg.com/news/articles/2020-11-16/takeover-battle-emerges-for-cathie-wood-s-ark-in-stellar-year?
think of it this way if resolute takesover ARK, when Cathie wood leaves. they would not be able to manage the funds because they don't have the investment team To Manage the funds. It will hurt both sides. They are defintiely going to come out with some terms and move ahead together. What i suggest , is to wait awhile and see the progress of both sides. it's part of your risk management.
Nobody knows the outcome of what's going to happen.
For now, i feel that both side will still want an ongoing relationship at the end of the day.
If it so happened, i feel that we will still be safe.
Check out this video to have a clearer indication: