Cathie Wood Sees Trump Agenda Reviving US IPOs

Cathie Wood is betting Donald Trump’s regulatory and growth agenda will revive the market for US initial public offerings.

“Regulatory changes will go a long way to bringing back public markets,” the founder of ARK Investment Management LLC said on Bloomberg’s ETF IQ Wednesday. “I understand why companies want to stay private. The regulatory quagmire that they enter in the public markets is really a lot of friction.”