WisdomTree Reports Monthly Metrics for July 2023
August 09 2023 - 8:00AM
Business Wire
Month-ending AUM of $97.5 billion, the 6th new
all-time high achieved in 2023 Equity-based strategies (U.S. +
non-U.S.) generating a ~16% annualized pace of organic growth
YTD
WisdomTree, Inc. (NYSE: WT), a global financial innovator, today
released monthly metrics for July 2023, including assets under
management (AUM) and flow data by asset class.
Monthly Commentary:
- Over $300 million of net inflows in July driven by robust flows
into fixed income and all equity
strategies, partially offset by weakness in commodity &
currency flows
- Over $9 billion of year-to-date total net inflows, a
best-in-class 19% annualized pace of organic growth relative to our
publicly traded asset manager peers
- WisdomTree Prime™ is live in 21 states and the platform will
continue to expand its footprint, offerings, and features
throughout the remainder of 2023 (see
https://www.wisdomtreeprime.com/ for more details)
As of July 31, 2023
AUM Rollforward ($m)
Annualized Flow Rate
MTD/QTD
YTD
MTD/QTD
YTD
Beginning of Period Total AUM
$93,667
$81,986
Total Net
Flows
U.S. Equity
$322
$586
14.6%
4.2%
International Dev. Mkt Equity
$226
$2,269
19.9%
38.3%
Emerging Market Equity
$212
$1,027
27.1%
21.8%
Fixed Income
$223
$5,208
13.0%
58.7%
Commodity & Currency
($673)
($183)
(35.4%)
(1.4%)
Alternatives
($9)
($6)
(31.6%)
(3.3%)
Cryptocurrency
$5
$16
21.5%
21.0%
Leveraged & Inverse
$30
$85
18.6%
8.3%
Total Net Flows
$335
$9,003
4.2%
18.9%
Market Move
$3,446
$6,459
Current Total AUM
$97,448
$97,448
Average Total AUM
$95,649
$90,262
Blended Total Average Fee Rate
36 bps
36 bps
Source: https://ir.wisdomtree.com/
Please visit https://ir.wisdomtree.com/ for downloadable
spreadsheets containing detailed AUM and flow data by asset class
and fund broken out by daily, monthly, quarterly and annual
timeframes.
About WisdomTree
WisdomTree is a global financial innovator, offering a
well-diversified suite of exchange-traded products (ETPs), models
and solutions. We empower investors to shape their future and
support financial professionals to better serve their clients and
grow their businesses. WisdomTree is leveraging the latest
financial infrastructure to create products that provide access,
transparency and an enhanced user experience. Building on our
heritage of innovation, we are also developing next-generation
digital products and structures, including digital funds and
tokenized assets, as well as our blockchain-native digital wallet,
WisdomTree Prime™.
WisdomTree currently has approximately $96.5 billion in assets
under management globally.
For more information about WisdomTree and WisdomTree Prime™,
visit: https://www.wisdomtree.com.
Please visit us on Twitter at @WisdomTreeNews.
WisdomTree® is the marketing name for WisdomTree, Inc. and its
subsidiaries worldwide.
Cautionary Statement Regarding Forward-Looking
Statements
This press release may contain a number of “forward-looking
statements” as defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements include, but are not
limited to, statements about our ability to achieve our financial
and business plans, goals and objectives and drive stockholder
value, including with respect to our ability to successfully
implement our strategy relating to WisdomTree Prime™, our ability
to continue to make achievements in AUM, levels of net inflows and
other risk factors discussed from time to time in WisdomTree’s
filings with the Securities and Exchange Commission (“SEC”),
including those factors discussed under the caption “Risk Factors”
in our most recent annual report on Form 10-K, filed with the SEC
on February 28, 2023, and in subsequent reports filed with or
furnished to the SEC. These forward-looking statements are based on
WisdomTree’s management’s current expectations, estimates,
projections and beliefs, as well as a number of assumptions
concerning future events. These forward-looking statements are not
guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
WisdomTree’s management’s control, that could cause actual results
to differ materially from the results discussed in the
forward-looking statements. Forward-looking statements included in
this release speak only as of the date of this release. WisdomTree
does not undertake any obligation to update its forward-looking
statements to reflect events or circumstances after the date of
this release except as may be required by the federal securities
laws.
Category: Business Update
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230809566415/en/
Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735
jzaloom@wisdomtree.com / wisdomtree@fullyvested.com
Investor Relations WisdomTree, Inc. Jeremy Campbell
+1.646.522.2602 Jeremy.Campbell@wisdomtree.com
WisdomTree (NYSE:WT)
Historical Stock Chart
From Aug 2024 to Sep 2024
WisdomTree (NYSE:WT)
Historical Stock Chart
From Sep 2023 to Sep 2024