Lake has led the asset manager's ETF effort globally.
There's another sign life is getting hard for the manager known for her eye-catching tech calls.
The world's largest asset manager will flip the $700 million BlackRock International Dividend Fund.
The decline extends a disappointing run for the $6.7 billion Ark Innovation ETF.
Nervous money managers are sitting on some of their highest exposures to stocks and credit in a decade.
The startup will represent about 4% of the Ark Venture Fund's holdings.
The frenzy surrounding the launch of spot bitcoin ETFs has yet to lose steam.
Leveraged loans have gained 2.52% this year, outpacing junk bonds and investment-grade corporate debt.
Developing-nation stocks are trading at a discount of about 43% compared to their peers in the U.S.
The Pacer US Cash Cows 100 ETF doesn't hold any of the so-called Magnificent Seven stocks.
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