Cathie Wood is just the start as stock pickers take ETF world by storm

Save the entries. Record fund launches. Save the assets. If active money management is on the decline, someone forgot to tell the ETF industry.

Amplified by a mad market of memes and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the universe of US $ 6.6 trillion exchange-traded funds like never before – adding a new twist to the 50 year invasion of passive investing.