Ark-Style Crowding Risks Spread as Billions Flow Into Green ETFs
- ICLN’s benchmark expanded amid boom in clean-energy stocks
- Gold miner, REIT funds had similar concerns in recent years
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Plenty on Wall Street love to hate active ETF big-guns like Ark Investment Management for having too much cash chasing too few stocks -- risking market distortions along the way.
Yet the relentless flood of money into exchange traded-funds means concentration risk is rising in some of the hottest corners of the passive world like climate-change investing.