WisdomTree Reports Monthly Metrics for October 2022
WisdomTree, Inc. (NYSE: WT) reported strong financial metrics for October 2022, with organic growth accelerating to nearly 14% year-to-date. The company achieved net inflows of nearly $2 billion in October, extending its inflow streak to 14 months. U.S. Equity products saw inflows of $266 million, marking 28 out of 29 months of positive net flows. Additionally, WisdomTree has filed for nine blockchain-enabled funds, indicating a forward-looking strategy in digital assets.
- Organic growth accelerated to 14% year-to-date.
- Net inflows of nearly $2 billion in October, extending inflow streak to 14 months.
- U.S. Equity products achieved $266 million in inflows, a 15% organic growth rate.
- International Development Market Equity had outflows of ($19 million).
- Emerging Market Equity reported outflows of ($137 million).
- Commodity & Currency saw outflows of ($180 million).
Robust October net inflows
Year-to-date organic growth accelerates
NEW YORK, Nov. 09, 2022 (GLOBE NEWSWIRE) -- WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for October 2022, including assets under management (AUM) and flow data by asset class.
Key Highlights:
- WisdomTree’s organic growth accelerated to nearly
14% year-to-date through October, up from the12% annualized year-to-date pace at the end of September. - Nearly
$2 billion of inflows in October extends monthly firm-wide net inflow streak to 14 consecutive months and 21 of the prior 24 months. - U.S. Equity products have generated net inflows in 28 of the prior 29 months, including
$266 million in October 2022, a15% organic growth rate in the period. - Filed for nine additional blockchain-enabled funds, including both fixed income and equity focused strategies.
| As of October 31, 2022 | AUM Rollforward ($ in millions) | Annualized Flow Rate | ||||||||
| MTD/QTD | YTD | MTD/QTD | YTD | |||||||
| Beginning of Period Total AUM | ||||||||||
| Total Net Flows | ||||||||||
| U.S. Equity | $266 | $2,590 | 15.0 % | 13.0 % | ||||||
| International Dev. Mkt Equity | ($19) | $43 | (2.4%) | 0.4 % | ||||||
| Emerging Market Equity | ($137) | ($56) | (21.6%) | (0.7%) | ||||||
| Fixed Income | $2,061 | $9,969 | 207.5 % | 275.1 % | ||||||
| Commodity & Currency | ($180) | ($3,887) | (10.8%) | (19.0%) | ||||||
| Alternatives | ($6) | $73 | (24.8%) | 33.4 % | ||||||
| Cryptocurrency | $1 | $41 | 8.7 % | 13.8 % | ||||||
| Leveraged & Inverse | ($17) | $116 | (13.4%) | 7.8 % | ||||||
| Total Net Flows | $1,970 | $8,887 | 32.7 % | 13.8 % | ||||||
| Market Move | ( | |||||||||
| Current Total AUM | ||||||||||
| Average Total AUM | $74,635 | $76,020 | ||||||||
| Blended Total Average Fee Rate | 36 bps | 38 bps | ||||||||
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 world-class 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
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 WisdomTree’s ability to successfully implement its digital assets strategy, including WisdomTree Prime™, and achieve its objectives. 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.
Contact Information
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
FAQ
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