ARK Investment Management Appoints Lorelei O'Hagan To Lead ETF Sales And Distribution Efforts
NEW YORK, Dec. 10, 2014 /PRNewswire/ -- ARK Investment Management (ARK), an active manager of thematic exchange-traded funds (ETF), today announced the appointment of Lorelei O'Hagan as Chief Sales Officer. Lorelei is a 15-year veteran of the securities industry with ten years of experience in exchange-traded products.
Ms. O'Hagan joins ARK from Barclays, where she worked for six years as vice president in its Investor Solutions Sales group. As a product specialist and client sales manager, she oversaw $9 billion in assets across 80 exchange-traded notes. Prior to her role as vice president, Ms. O'Hagan was a client relationship associate at Barclays Global Investors (now BlackRock). She received her M.A. from Columbia University's School of International and Public Affairs and her B.A. in global economics from the University of California, Santa Cruz.
"Lorelei's appointment further solidifies our team's broad set of talents," said Cathie Wood, ARK Chief Executive Officer and Chief Investment Officer. "She has a strong grasp of what investors are looking for in ETFs. The investment world is changing rapidly and Lorelei's deep understanding of advisers makes her the right person to communicate the benefits of thematic, active ETFs."
"ARK is leading the way in transparency when it comes to active investing, and I'm excited to be joining the firm after its successful launch," said Ms. O'Hagan. "Advisers are looking for uncorrelated strategies, and thematic ETFs can help them meet their portfolios' needs."
About ARK Investment Management
Headquartered in New York City, ARK Investment Management is a registered investment adviser and privately held investment firm, specializing in thematic investing. The firm is rooted in over thirty years of experience in identifying and investing in disruptive innovations that enable outsized growth as industries transform. Through its open source research process, ARK is able to identify companies that it believes are leading and benefiting from disruptive cross-sector forces and changing how the world works. For more information about ARK and its original research, please visit www.ark-invest.com. For more information about ARK ETFs, please visit http://www.ark-funds.com.
Risk: There can be no guarantee that an active trading market for ETF shares will develop or be maintained.
Investors should carefully consider the investment objectives and risks as well as charges and expenses of an ETF before investing. This and other information are contained in each ETF's prospectus, which may be obtained by contacting the Bank of New York Mellon at (718) 315-7500. Please read the prospectus carefully before you invest.
Foreside Fund Services, LLC, distributor.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ark-investment-management-appoints-lorelei-ohagan-to-lead-etf-sales-and-distribution-efforts-300007765.html
SOURCE ARK Investment Management
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