$7.7B fund, after moving from NYC to St. Pete, expands research team

ARK Investment Management, which moved its headquarters from New York City to St. Petersburg last year, has announced plans to significantly grow its research department.

The company, which manages $7.76 billion in assets, promoted ARK Director of Research Brett Winton to the role of chief futurist, according to a statement. The firm also promoted four senior research analysts to director roles and hired five research associates, the release adds.