WisdomTree Surpasses $500 Million in Europe
Thursday 28th May '15
Nik Bienkowski, Co-CEO
Expands European Platform through multiple exchange listings, veteran management hires and key distribution initiatives
London, 28 May 2015: WisdomTree Europe, an exchange traded fund (“ETF”) and exchange traded product (“ETP”) sponsor, today announced the company surpassed $500 million in Assets Under Management (AUM). In an industrious year of accomplishments, the firm listed products on four major exchanges across Europe and deepened its distribution capabilities through important hires in sales, operations and capital markets.
“I am encouraged by the strong execution across our growing operations, product development, distribution, research and capital markets efforts which have raised a total of $548 million (as of 25 May 2015) in assets today, since the formation of WisdomTree Europe last April, when our AUM was $97m,” said Nik Bienkowski, Co-CEO of WisdomTree Europe.
Since its formation in April 2014, WisdomTree Europe has launched the WisdomTree UCITS ETF smart beta family across the United Kingdom, Italy, Germany and Switzerland. Most of these ETFs are dividend weighted which can help to enhance yield in today’s low interest rate environment. The UCITS ETFs also include three recently launched currency-hedged ETFs, based on existing successful WisdomTree ETFs.
The company also continues to grow the Boost ETP product range, offering differentiated short and leverage product in equities, fixed income, currencies and commodities. Recently, with oil prices having fallen by some 50% or more in the past six months, Boost’s 3x short and 3x leverage oil ETPs have put the Boost platform on the radar screen of an ever increasing number of investors.
WisdomTree Europe now boasts a leadership team with sales and operating experience from some of the largest asset managers in Europe.
Mr. Bienkowski added, “With multiple products focussed on oil, dividend-paying equities, and currency-hedged equity exposures, our product platform provides unique and timely solutions for European investors. The market opportunities for the WisdomTree UCITS ETF and Boost ETP product range is enormous and I am confident we have established the expertise and infrastructure to compete successfully in the fast-growing European ETP market.”
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 $63 billion (as of 20 May 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. WTE 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.
 15 April 2014