THE WisdomTree BLOG
Oil futures curves have been in backwardation for most of the past year, driven by perceived tightness in short-term supply. This could be enough to ensure that the oil futures curve remains in backwardation going forward. Here’s a closer look at current oil market supply and demand dynamics.
Investors are always chasing the possibility of outperformance. It is easy to look at the widely followed benchmarks and want something more. Academic research has indicated that certain factors have demonstrated a persistent ability to outperform market capitalization-weighted benchmarks over longer periods. Here, we explore some of those factors.
The Italian budget saga and sovereign debt ratings have produced a fair share of interest and heightened anxiety within the global bond markets about other Eurozone countries. In this blog we look back at how various Eurozone sovereign debt markets have behaved in this latest bout of uncertainty.
Silver has had a poor run in recent months. The ‘hybrid’ metal has come under pressure for several reasons: its strong correlation with gold has dragged it lower, while the sell-off in industrial metals has exacerbated market pessimism towards all metals. In this blog Nitesh Shah asks: what does the future hold for silver?
Futures contracts are the most common way to invest in commodities that one does not wish to take delivery of and store. In this blog we discuss potential ways to manage the risks and capitalise on the potential opportunities involved with investing in commodity futures.
WisdomTree developed a unique, dividend-focused approach to equity investing in 2006. The firm has since expanded this methodology to the global equity landscape, allowing investors to have broad-based strategies consisting solely of dividend-payers and increasing their income generation potential.
The single most important aspect of WisdomTree’s index methodology regards rebalancing. This is a process that refreshes the exposures of a given WisdomTree index do different factors that, over time, may lead to the potential for outperformance. Here, we discuss our most recent rebalance of the WisdomTree US Multifactor Index.
Emerging markets equities have taken the brunt of headlines emphasizing increased risks. Although some investors paint all emerging markets with the same brush, many can be quite different. In this blog we discuss how to attempt to separate lower risk from higher risk emerging markets exposure in the current environment.
Hungary’s central bank announced on 16 October that it had increased its holdings of gold to 31.5 tonnes in the first two weeks of October. By bringing its gold holdings back to the level last seen in 1946, did the Hungarian central bank know of something that the futures market did not?
Christopher Gannatti
Head of Research
Christopher Gannatti began at WisdomTree as a Research Analyst in December 2010, working directly with Jeremy Schwartz, CFA®, Director of Research. He is involved in creating and communicating WisdomTree’s thoughts on the markets, as well as analysing existing strategies and developing new approaches. Christopher came to WisdomTree from Lord Abbett, where he worked for four and a half years as a Regional Consultant. He received his MBA in Quantitative Finance, Accounting, and Economics from NYU’s Stern School of Business in 2010, and he received his bachelor’s degree from Colgate University in Economics in 2006. Christopher is a holder of the Chartered Financial Analyst designation.
Aneeka Gupta
Associate Director of Research
Aneeka Gupta is Associate Director of Research at WisdomTree. Prior to the acquisition of ETF Securities in April 2018, Aneeka worked as an Equity & Commodities Strategist at the company. Aneeka has 13 years of experience working as a Research Analyst across a wide range of asset classes. In her current role she is responsible for conducting analysis for all in-house commodity and macro publications and assisting the sales team with client queries around products and markets.
Prior to ETF Securities, Aneeka began her career as an equity analyst at Bear Stearns International Ltd in London. She also worked as an Equity Sales Trader at Sunrise Brokers across US and Pan European Exchanges. Before that she worked as an Equity Derivatives Sales Manager at Mashreq Bank in Dubai.
Aneeka holds a Bsc in Mathematics from the University of Delhi and a Masters in Mathematics from Oxford University and is also a CFA Charterholder.
Prior to ETF Securities, Aneeka began her career as an equity analyst at Bear Stearns International Ltd in London. She also worked as an Equity Sales Trader at Sunrise Brokers across US and Pan European Exchanges. Before that she worked as an Equity Derivatives Sales Manager at Mashreq Bank in Dubai.
Aneeka holds a Bsc in Mathematics from the University of Delhi and a Masters in Mathematics from Oxford University and is also a CFA Charterholder.
Nitesh Shah
Director, Research
Nitesh is Director of Research at WisdomTree. Prior to the acquisition of ETF Securities in April 2018, Nitesh was a Commodities Strategist for the company. Nitesh has 16 years of experience as an economist and strategist, covering a wide range of markets and asset classes.
Before joining ETF Securities, Nitesh was an economist covering the European structured finance markets at Moody’s Investors Service and was a member of Moody’s global macroeconomics team. Before that he was an economist at the Pension Protection Fund and an equity strategist at Decision Economics.
He started his career at HSBC Investment Bank. Nitesh holds a Bachelor of Science in Economics from the London School of Economics and a Master of Arts in International Economics and Finance from Brandeis University (USA).
Nick Leung
Research Analyst
Nick Leung is a Research Analyst for WisdomTree in Europe. He is responsible for macroeconomic commentary and analysis, formulating investment strategies and trade ideas, as well as the maintenance of research collateral. Prior to joining in 2015, Nick was at Source, having completed his Master’s Degree at Imperial College London. During this time he was also involved in an ice-cream entrepreneurship project with Unilever. Nick holds a BA in Economics from the University of Nottingham.
Jason Guthrie
Director of Capital Markets
Jason Guthrie is Director of Capital Markets for WisdomTree in Europe. Guthrie is responsible for ensuring smooth trade execution across WisdomTree’s UCITS ETFs and Boost ETPs throughout Europe, Israel and Latin America. Prior to joining WisdomTree, Guthrie worked at Deutsche Bank within its ETF Capital Markets group. Before Deutsche Bank, he worked at Macquarie Bank as an Investment Executive based in Sydney, Australia. Jason holds a Bachelor of Commerce (Finance) from Macquarie University in Sydney.
Jesper Koll
WisdomTree's Head of Japan
Jesper Koll was appointed Chief Executive Officer of WisdomTree Japan on July 1, 2015. Over the past two decades Jesper has been consistently ranked as one of the top Japan strategists/economists, working as Chief Strategist and Head of Research for major U.S. investment banks J.P. Morgan and Merrill Lynch. His analysis and insights have earned him a position on several Japanese government advisory committees and Jesper is also one of the few non-Japanese members of the Keizai Doyukai, the Japan Association of Corporate Executives. He has written two books in Japanese, Towards a New Japanese Golden Age and The End of Heisei Deflation. After arriving in Japan in 1986 Jesper initially worked as an aide to a Member of Parliament. Jesper has a Masters degree from the School of Advanced and International Studies at Johns Hopkins University and was a research fellow at both Tokyo University and Kyoto University. He is a graduate of the Lester B. Pearson College of the Pacific.
Florian Ginez
Research Analyst
Florian Ginez is a Research Analyst for WisdomTree in Europe. He is responsible for market analysis, formulating investment and hedging strategies, trade ideas, as well as the development of products collateral and automating research processes. He also works closely with WisdomTree’s Quantitative Group on data analytics. Florian joined WisdomTree in 2016 after he started his career as an Assistant Portfolio Manager at Amaïka Asset Management in Paris, researching factor investing. Florian holds a Master’s degree from Reims Management School.
Vania Pang
Capital Markets and Investment Solutions, Index and Quantitative Investment, ICBC Credit Suisse Asset Management (International) Company Limited
Ms. Pang is responsible for Capital Markets and Investment Solutions functions of the Index and Quantitative Investment department at the ICBC Credit Suisse Asset Management (International) Company Limited. From 2012 to 2016, Ms. Pang was the Vice President of Corporate Strategy and Development, Asia Coal Limited, where she led the strategic mergers and acquisitions, capital raising and investor relations management. Prior to that, she was the Associate Director, Business Development of Crown One Asset Management Company Limited, responsible for sales and marketing of fund products. Between 2007 and 2008, Ms. Pang was Assistant Manager, Public Distribution Hong Kong (Equity Derivatives and Private Investor Product Sales) of RBS, handling sales and marketing of listed equity derivatives products. Before joining RBS, she was an anchor and reporter with the Cable TV and Hong Kong Economic Journal.
Ms. Pang holds a M.Sc. in Development Finance from The University of Manchester, a M.A. in Journalism and a B.A. in Business Administration from The Chinese University of Hong Kong.
Ms. Pang holds a M.Sc. in Development Finance from The University of Manchester, a M.A. in Journalism and a B.A. in Business Administration from The Chinese University of Hong Kong.
Jack Jiang
Senior ETF Specialist, Index and Quantitative Investment, ICBC Credit Suisse Asset Management (International) Company Limited
Mr. Jiang joined ICBC Credit Suisse Asset Management (International) Company Limited as Senior ETF Specialist of Index and Quantitative Investment Department in November 2017. Before joining ICBC CS (International), Mr. Jiang was Director, Head of China in the client coverage team of S&P Dow Jones Indices, where he led the effort on sales and marketing in China. Prior to that, he was the head of the sales team of Dow Jones Newswire in China. Mr. Jiang had also worked for Platts, another subsidiary of S&P Global as Head of Beijing office. Mr. Jiang holds double degree, a Bachelor degree of Economy in International Economy and Business, and a Bachelor degree of Science in Automobile Engineering, with a minor degree in Computer Science, from Beijing Polytechnic University.