WisdomTree Reports Monthly Metrics for May 2023
Business Wire Jun 09, 2023 23:0021st consecutive month of firm-wide net inflows
Over $7 billion of year-to-date net inflows
NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for May 2023, including assets under management (AUM) and flow data by asset class.
Monthly Commentary:
- Net inflows of $325 million in May driven by robust non-U.S. equity strategies, fixed income, as well as U.S. equity strategies
- Nearly $7.1 billion of year-to-date net inflows, a best-in-class 21% annualized pace of organic growth relative to our publicly traded asset manager peers
- Year-to-date, WisdomTree has generated net inflows in 7 of our 8 major product categories, showcasing the breadth and depth of our organic growth profile
As of May 31, 2023 |
AUM Rollforward | Annualized Flow Rate | ||||
| MTD | QTD | YTD | MTD | QTD | YTD |
Beginning of Period Total AUM | $91,399 | $90,739 | $81,986 |
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Total Net Flows |
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U.S. Equity | $158 | $215 | $66 | 7.6% | 5.2% | 0.7% |
International Dev. Mkt Equity | $558 | $869 | $1,319 | 55.0% | 45.5% | 31.3% |
Emerging Market Equity | $115 | $206 | $692 | 15.3% | 14.0% | 20.6% |
Fixed Income | $315 | $329 | $3,842 | 19.7% | 10.5% | 60.8% |
Commodity & Currency | ($860) | ($907) | $1,096 | (40.8%) | (21.8%) | 12.0% |
Alternatives | $4 | $7 | ($11) | 13.5% | 14.4% | (8.7%) |
Cryptocurrency | ($10) | ($7) | $6 | (48.4%) | (16.7%) | 11.4% |
Leveraged & Inverse | $44 | $23 | $66 | 29.4% | 7.7% | 9.1% |
Total Net Flows | $325 | $735 | $7,077 | 4.2% | 4.8% | 20.9% |
Market Move | ($2,166) | ($1,916) | $495 |
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Current Total AUM | $89,558 | $89,558 | $89,558 |
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Average Total AUM | $90,622 | $90,972 | $88,650 |
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Blended Total Average Fee Rate |
| 36 bps | 36 bps |
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Source: ir.wisdomtree.com
Please visit 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 and solutions. We empower investors 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 next-generation digital products and structures, including digital funds and tokenized assets, as well as our blockchain-native digital wallet, WisdomTree Prime™.
WisdomTree currently has approximately $92 billion in assets under management globally.
For more information about WisdomTree and WisdomTree Prime™, visit: https://www.wisdomtree.com.
Please visit us on 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, analyst ratings, P/E multiple and stock price performance 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
Contacts
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