Cathie Wood heats up Wall Street exotic bond activity – Yahoo Finance
Cathie Wood heats up Wall Street exotic bond activity – Yahoo Finance
(Bloomberg) – Cathie Wood is lighting fires in everything from artificial intelligence to intergalactic exploration. Another exotic company booming thanks to its magic touch: structured products on Wall Street. Big banks like JPMorgan Chase & Co. and Morgan Stanley are packaging Wood’s Ark Investment Management’s exchange-traded funds into equity-linked notes. The issuance of these…
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