Bringing you live news and features since 2006 

WisdomTree surpasses USD50bn AUM

RELATED TOPICS​

Exchange traded fund (ETF and exchange traded product (ETP) sponsor and manager WisdomTree Investments has surpassed USD50 billion in assets under management (AUM). 

"WisdomTree is an ETF success story at the forefront of the biggest trends in asset management," says Jonathan Steinberg, WisdomTree CEO & President. "While we are experiencing record inflows of USD9.7 billion led by our pioneering currency hedged family this year, the foundation of our growth rests in our larger commitment to innovation in ETFs. We have been a consistent asset gatherer since launching our first ETFs in 2006, with growth accelerating in recent years."

With more than USD2 trillion in AUM, the US ETF industry is still only a fraction of the USD13 trillion traditional mutual fund market. However, according to the Investment Company Institute, since 2007 ETFs have generated approximately 54% of the total inflows into ETFs and long-term mutual funds. Furthermore, during this time period ETFs generated positive inflows into equity funds of approximately USD1.0 trillion and long-term equity mutual funds experienced outflows of approximately USD278 billion.  

"I believe the movement to ETF investing is a structural, universal and irreversible trend because the characteristics of the ETF – transparency, liquidity and tax efficiency – are the qualities essential to a positive investing experience," says  Steinberg. 

WisdomTree launched its first ETFs in June of 2006 and has surpassed USD50 billion in AUM in under ten years' time. The Company's novel approach to the ETF business includes innovation at the index level such as fundamentally weighted 'smart beta' and currency hedged equity ETFs based on proprietary WisdomTree indexes. Today WisdomTree's product family spans equities, currencies, fixed income and alternative strategies and includes transparent, actively managed ETFs. Following the formation of WisdomTree Europe in April of 2014, we have launched six WisdomTree UCITS ETFs across the London Stock Exchange, Borsa Italiana and Deutsche Börse and have expanded the Boost-branded short and leverage ETP product set throughout Europe as well. 

Steinberg says: "At the product strategy level, a commitment to practical but differentiated investment solutions has allowed us to identify important growth opportunities, and our expanding financial resources give us the ability to pursue our ambitious growth goals, here in the US and in other international ETF markets.

"In 2009, WisdomTree stated a long-term goal to become a top-five player in the US ETF market based on assets. After achieving this milestone in 2013, we announced our next long-term goal to become a USD100 billion asset manager. We are well on our way, and I believe we have the product platform, the people and the strategic vision to build upon our strong position within ETFs and the broader asset management industry." 

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by