WisdomTree Reports Monthly Metrics for October 2023
November 09 2023 - 8:00AM
Business Wire
Over $550 million of net inflows in October,
despite macro weakness
Over 16% pace of annualized organic growth,
representing $11 billion of year-to-date net inflows
WisdomTree, Inc. (NYSE: WT), a global financial innovator, today
released monthly metrics for October 2023, including assets under
management (AUM) and flow data by asset class.
Monthly Commentary:
- Over $550 million of net inflows in October driven by robust
flows into fixed income, commodities, and U.S. equity
strategies
- Over $11 billion of year-to-date net inflows and WisdomTree’s
16% annualized pace of year-to-date net inflows is best-in-class
relative to our publicly traded asset manager peers
- As announced in our 3Q results, WisdomTree Prime™ has expanded
availability to customers in 33 states, representing 60% of the
U.S. population, and we expect to cover substantially all of the
U.S. population by year-end
As of October 31, 2023
AUM Rollforward ($ in
millions)
Annualized Flow Rate
MTD/QTD
YTD
MTD/QTD
YTD
Beginning of Period Total AUM
$93,735
$81,986
Total Net Flows
U.S. Equity
$136
$1,265
6.2%
6.3%
International Dev. Mkt Equity
($46)
$2,794
(3.9%)
32.9%
Emerging Market Equity
($4)
$1,262
(0.5%)
18.7%
Fixed Income
$316
$6,970
17.1%
54.8%
Commodity & Currency
$227
($1,098)
13.1%
(6.0%)
Alternatives
($7)
$1
(25.0%)
0.3%
Cryptocurrency
$5
$28
25.8%
24.6%
Leveraged & Inverse
($72)
($17)
(47.5%)
(1.2%)
Total Net Flows
$554
$11,205
7.0%
16.4%
Market Move
($380)
$717
Current Total AUM
$93,909
$93,909
Average Total AUM
$93,931
$91,744
Blended Total Average Fee Rate
35 bps
35 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,
solutions and products leveraging blockchain-enabled technology. We
empower investors and consumers 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 and have launched
next-generation digital products, services and structures,
including digital or blockchain-enabled mutual funds and tokenized
assets, as well as our blockchain-native digital wallet, WisdomTree
Prime™.
WisdomTree currently has approximately $96 billion in assets
under management globally.
For more information about WisdomTree and WisdomTree Prime™,
visit: https://www.wisdomtree.com.
Please visit us on X, formerly known as 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
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version on businesswire.com: https://www.businesswire.com/news/home/20231109998635/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
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