WisdomTree, Inc. reports developments tied to its asset-management business, including exchange-traded product launches, AUM and flow metrics, quarterly financial results, and capital actions. The company offers ETPs, model portfolios and other investment solutions across asset-management channels, with advisory fees from ETPs representing a core revenue source.
Recurring updates also cover WisdomTree's digital asset-related products and platforms, including tokenized real-world assets, stablecoin-related services, the WisdomTree Treasury Money Market Digital Fund (WTGXX), WisdomTree Connect and WisdomTree Prime. Company news has also addressed private-market expansion through the Ceres Partners U.S. farmland platform and new fund strategies such as rare earth and strategic metals exposure.
WisdomTree (NYSE: WT) has announced that the Say platform, a stockholder Q&A platform, is now available for its upcoming fourth quarter 2024 earnings call. The earnings call is scheduled for Friday, January 31, 2025, at 11:00 a.m. ET.
Verified stockholders can submit questions to management through Say Connect until 9:00 a.m. ET on January 30, 2025. Selected questions will be addressed during the live Q4 2024 earnings call webcast. This initiative reflects WisdomTree's commitment to transparency and enhanced engagement with stockholders regardless of their investment size.
WisdomTree (NYSE: WT) has announced it will release its fourth quarter results on January 31, 2025, at 7:00 a.m. ET, followed by a conference call at 11:00 a.m. ET to discuss the results.
The company has provided multiple ways for participants to join the discussion, including domestic dial-in (877-407-9210), international dial-in (+1 201-689-8049), and a webcast option. Participants are encouraged to dial in 10 minutes before the scheduled start time to avoid delays.
All earnings materials and the webcast will be accessible through WisdomTree's investor relations website, with a replay available after the call.
WisdomTree (NYSE: WT) has announced that its Siegel-WisdomTree Model Portfolios are now available on the UBS Financial Services separately managed account platform, providing access to 85,000 advisors. The collaboration with Professor Jeremy Siegel introduces three distinct portfolios:
1. The Longevity Model Portfolio: Targets mid to long-range horizons, balancing income needs with longevity risk, aiming to outperform traditional 60/40 portfolios.
2. The Moderate Model Portfolio: Focuses on outperforming traditional risk tolerances through quality equity overweighting using ETFs.
3. The Global Equity Model Portfolio: Provides diversified exposure to U.S. and International stocks.
This strategic partnership expands WisdomTree's model portfolio availability across major advisory solution platforms.
WisdomTree (NYSE: WT) has released its December 2024 metrics, showing mixed results across different asset classes. The company's total AUM decreased from $113,082 million to $109,779 million during the month. Strong performance was seen in cryptocurrency with an impressive 118.7% annualized flow rate and U.S. equity products with 17.3% annualized flow rate.
However, the company experienced significant outflows in several categories: emerging market equity (-39.0% annualized flow rate), fixed income (-21.6%), and leveraged & inverse products (-26.0%). The total net flows for December were negative at -$214 million, representing a -2.2% annualized flow rate. The company maintained a blended total average fee rate of 36 basis points.
WisdomTree (NYSE: WT), a global financial innovator, released its monthly metrics for November 2024, reporting record assets under management (AUM) of over $113 billion.
The company's AUM increased from $111.5 billion at the beginning of the period to $113.1 billion by November 30, 2024. This growth was driven by inflows in U.S. equity products, international developed market equities, fixed income, and cryptocurrencies, despite profit-taking in oil and silver and outflows in emerging market equities.
Key metrics include:
- U.S. Equity: $346M net inflows (12.2% MTD).
- International Developed Market Equity: $285M net inflows (20.0% MTD).
- Emerging Market Equity: $371M net outflows (-38.8% MTD).
- Fixed Income: $206M net inflows (12.3% MTD).
- Cryptocurrency: $136M net inflows (143.1% MTD).
- Commodity & Currency: $695M net outflows (-35.4% MTD).
The total net flows for the month were negative at $118M, with market movements contributing an additional $1.7 billion.
WisdomTree (NYSE: WT) has been recognized as a 2024 Best Places to Work in Money Management by Pensions & Investments for the fifth consecutive year. The company ranked second in the large employer category (100-499 employees), marking its third consecutive year among the top five employers.
The recognition follows WisdomTree's strong performance, including reaching $113 billion in AUM and achieving significant margin improvements. The company offers comprehensive employee benefits including unlimited vacation, an eight-week paid sabbatical after 10 years of service, and professional development through tuition reimbursement and training programs.
The award was determined through a two-part survey process, with workplace policies accounting for 20% and employee experience for 80% of the evaluation. WisdomTree's commitment to employee well-being is further demonstrated through initiatives like the Women's Initiative Network (WIN) and Diversity, Equity, and Inclusion (DEI) Council.
WisdomTree (NYSE: WT) reported its October 2024 metrics, showing net inflows of $51 million, primarily driven by U.S. equity products, alternatives, and European commodity products. The company's total AUM decreased from $112,577 million to $111,515 million, affected by market movements of -$1,113 million. Notable flows included positive contributions from U.S. Equity ($211M), Commodity & Currency ($421M), and Alternatives ($27M), while experiencing outflows in International Dev. Mkt Equity (-$211M), Emerging Market Equity (-$172M), and Fixed Income (-$216M). The company maintained a blended average fee rate of 36 bps.
WisdomTree reported Q3 2024 financial results with record AUM of $112.6 billion, up 2.6% from prior quarter. The company posted a net loss of $4.5 million, including a $30.6 million loss on convertible notes extinguishment and a $4.0 million SEC penalty. Operating revenues increased 5.7% to $113.2 million, with an operating margin of 36.0%. The quarter saw $2.4 billion in net outflows, primarily from international developed equity, fixed income, and commodity products. The average advisory fee remained stable at 0.37%. The company issued $345.0 million in convertible senior notes and declared a $0.03 quarterly dividend.
WisdomTree (NYSE: WT) has been awarded 'Best Emerging Markets Equity ETF Issuer ($10bn+)' at the ETF Express US Awards 2024. The recognition, determined through industry nominations and votes collected by data provider Trackinsight, highlights WisdomTree's excellence in emerging markets offerings.
President and COO Jarrett Lilien emphasized the company's continuous innovation in emerging markets investing. This achievement adds to WisdomTree's previous ETF Express US Awards, including Best US Fixed Income ETF Issuer (2022), Best Mixed-Allocation ETF Issuer (2021), and Best International Equity ETF Issuer (2020). The awards ceremony took place in New York on October 24, 2024.
WisdomTree celebrates its 10-year anniversary in Europe, marking significant growth with over $30 billion in assets under management and 100+ employees. A survey of 817 professional investors managing €4.4 trillion reveals that 99% expect continued ETF growth in Europe over the next decade. The European ETF industry has grown 409% to $2.1 trillion since WisdomTree's European launch in 2014.
Key growth drivers include increased retail adoption and innovative product development, each cited by 25% of surveyed investors. While 46% plan to increase ETF allocation in the next year, 26% cite lack of knowledge as a barrier. The survey shows ETFs are widely used as core portfolio holdings (30%) and for accessing alternative assets (35%) and thematic equities (27%).