WisdomTree Europe celebrates 1st anniversary of European UCITS ETF platform launch
Wednesday 25th November '15
WisdomTree lays the groundwork for future growth of European platform and continued innovation in the space
• The firm now boasts 12 WisdomTree UCITS ETFs, some with multiple share classes, and a further 64 Boost ETPs listed across five different Exchanges
• Assets under management (AUM) grows from $160m to $708m, strongest flows into short and leverage commodity ETPs and small-cap dividend equity UCITS ETF
• Sales coverage in Italy, UK, Germany, Switzerland and Holland
• New products focused on providing innovative solutions attractive for European investors
• The firm has recently added multiple share classes of its UCITS ETFs that cover unhedged and currency hedged in many of Europe’s major currencies
London, Wednesday 25 November 2015: WisdomTree, the exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor celebrates the one-year anniversary of the launch of its European UCITS ETFs platform with assets under management having grown by more than 340% . In an industrious year of accomplishments, the firm listed products on five major exchanges across Europe and deepened its distribution capabilities through important hires in sales, product development, operations and capital markets.
WisdomTree Europe has launched its unique range of smart beta WisdomTree UCITS ETFs across the United Kingdom, Italy, Germany and Switzerland. Most of these ETFs are dividend-weighted, high-yield strategies that may be beneficial from a portfolio construction perspective in today’s low interest rate environment. The UCITS ETFs range also includes a number of currency-hedged share classes, based on WisdomTree’s flagship US-listed strategies.
The company also continues to grow the Boost ETP product range, offering differentiated short and leverage products in equities, fixed income, currencies and commodities. During the course of the year, Boost has grown to achieve the No. 1 value-traded (turnover) market share in short and leveraged exchange-traded notes (“ETNs”) on Borsa Italiana, further establishing the company’s credentials in creating innovative and successful solutions for clients. In Europe AUM and trading volumes in Boost products are rising faster than any other European short and leverage provider.
WisdomTree Europe now boasts a leadership team with ETF and asset management experience from some of the largest asset managers in Europe.
Hector McNeil, Co-CEO of WisdomTree Europe comments:
“WisdomTree Europe’s first year has been truly momentous. The success of WisdomTree over the past year has demonstrated the benefits of bringing differentiated ETP strategies to Europe. We have also listened closely to our clients and this has helped us build uniquely innovative solutions that deliver value to our growing Pan-European investor base. It is a testament to the quality of the firm’s product development, research, marketing, and distribution expertise that we have been able to successfully launch and grow such a wide range of ETFs and ETPs over the course of the past year.
With the work that has been done, we believe we have laid a solid foundation and are well-positioned for future growth. We will continue to focus on strengthening our position in the ETP industry.”
Notes to Editors
About WisdomTree Europe Ltd.
WisdomTree Investments, Inc., through its subsidiaries in the U.S. and Europe, including WisdomTree Europe Ltd based in London, is an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager. WisdomTree offers products covering equities, fixed income, currencies, commodities and alternative strategies. Through WisdomTree Europe Ltd, it sponsors WisdomTree UCITS ETFs and BOOST short and leverage ETPs. WisdomTree currently has approximately $58.7 billion (as of 13 November 2015) in assets under management globally. For more information, please visit www.wisdomtree.com.
WisdomTree® is the marketing name for WisdomTree Investments, Inc. and its subsidiaries worldwide.
WisdomTree Europe Ltd is an appointed representative of Mirabella Financial Services LLP which is authorised and regulated by the Financial Conduct Authority.
The products discussed in this document are issued by WisdomTree Issuer PLC (the “Issuer”), an umbrella investment company with variable capital having segregated liability between its funds and organised under the laws of Ireland as a public limited company. The Issuer has been authorised by the Central Bank of Ireland (the “CBI”) as a UCITS pursuant to the European Communities (Undertaking for Collective Investment in Transferable Securities) Regulations, 2003 (as amended) and shall issue a separate class of shares ("Shares”) representing each fund.
The Shares are products involving a significant degree of risk and may not be suitable for all types of investor. Any decision to invest should be based on the information contained in the Prospectus. The price of any securities may go up or down and an investor may not get back the amount invested. Past performance is not a reliable indicator of future performance. Any historical performance included in this document may be based on back testing. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. However, back tested performance is purely hypothetical and is provided in this document solely for informational purposes. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance.
This document may contain independent market commentary prepared by WTE based on publicly available information. WisdomTree Europe does not warrant, guarantee or otherwise confirm the accuracy or correctness of any information contained herein and any opinions related to product or market activity may change. This marketing information is intended for professional clients & sophisticated investors (as defined in the glossary of the FCA Handbook) only.