WisdomTree reported a July-end assets under management of $127.19B, a $1.12B increase from the beginning of the month. Net inflows totaled $353M, with U.S. Equity seeing inflows of $50M, International Dev. Mkt Equity of $172M, Fixed Income of $482M, and all other sectors experiencing outflows.
Exchange-traded products company WisdomTree (NYSE:WT) announced on July-end that its assets under management (AUM) reached $127.19 billion, marking a $1.12 billion increase from the beginning of the month. Net inflows totaled $353 million, with notable inflows in U.S. Equity ($50 million), International Developed Market Equity ($172 million), and Fixed Income ($482 million). The company reported outflows in Emerging Market Equity ($138 million), Commodity & Currency ($176 million), Cryptocurrency ($29 million), and Leveraged & Inverse ($34 million) [1].
WisdomTree's AUM growth is driven by strong inflows across various asset classes, particularly in Fixed Income and International Developed Market Equity. The company's digital assets business also saw significant inflows, with $173 million in net inflows in July, bringing the total AUM to over $525 million [2].
The company also announced plans to acquire Ceres Partners, a leading investment manager of farmland assets with nearly $2 billion in AUM. This acquisition is expected to enhance WisdomTree's revenue yield, expand operating margins, and accelerate future revenue and earnings growth [2].
WisdomTree's latest performance highlights the company's ability to attract investors across various asset classes and its strategic focus on digital assets and farmland investments. As the company continues to innovate and expand its offerings, investors and financial professionals should closely monitor WisdomTree's progress and potential future growth opportunities.
References:
[1] https://seekingalpha.com/news/4483233-wisdomtree-reports-higher-aum-as-of-july-end
[2] https://www.stocktitan.net/news/WT/wisdom-tree-reports-monthly-metrics-for-july-x59iuhd3degr.html
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