Cathie Wood’s ESG Fund Trounces Peers With a Huge Bet on Crypto (2024)

The world’s best-performing ESG fund of 2023 was built by Ark Investment Management LLC and powered by a huge bet on crypto.

See Also
S&P Global

The $2.4 billion Nikko AM Ark Positive Change Innovation Fund (ticker NIPCIPJ LX) returned 68% last year, more than double the gains delivered by the S&P 500. Its biggest holding was Coinbase Global Inc., which makes up almost a tenth of the fund, according to data compiled by Bloomberg. The Nikko-Ark fund is registered as “promoting” ESG under European rules.

Cathie Wood’s ESG Fund Trounces Peers With a Huge Bet on Crypto (2024)

References

Top Articles
Latest Posts
Article information

Author: Jeremiah Abshire

Last Updated:

Views: 5573

Rating: 4.3 / 5 (54 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Jeremiah Abshire

Birthday: 1993-09-14

Address: Apt. 425 92748 Jannie Centers, Port Nikitaville, VT 82110

Phone: +8096210939894

Job: Lead Healthcare Manager

Hobby: Watching movies, Watching movies, Knapping, LARPing, Coffee roasting, Lacemaking, Gaming

Introduction: My name is Jeremiah Abshire, I am a outstanding, kind, clever, hilarious, curious, hilarious, outstanding person who loves writing and wants to share my knowledge and understanding with you.