These are the 10 fund-management firms that lost the most money in the past decade. You’ll never guess No. 1. - MarketWatch
1. ARK Invest, known for TSLA, lost $13.4 billion over the past decade. 2. Cathie Wood's funds underperformed significantly after a 2020 boom. 3. Despite tech growth, ARK Innovation ETF still ranked among the worst performers. 4. Analysts focused on funds that destroyed investor capital and leveraged products. 5. The stock market showed resilience, countering some fund underperformance narratives.