11th consecutive quarter of net inflows
Another record high month-ending AUM of $93.7 billion
NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for June 2023, including assets under management (AUM) and flow data by asset class.
Monthly Commentary:
- Net inflows of nearly $1.6 billion in June driven by robust flows into fixed income, non-U.S. equity strategies, as well as U.S. equity strategies
- Nearly $8.7 billion of year-to-date net inflows, a best-in-class 21% annualized pace of organic growth relative to our publicly traded asset manager peers
- Year-to-date, WisdomTree has generated net inflows in all of our 8 major product categories, showcasing the breadth and depth of our organic growth profile
- WisdomTree Prime
went live in app stores in late June and is now available in 20 states; the platform will continue to expand its footprint, offerings, and features throughout the remainder of 2023 (see https://www.wisdomtreeprime.com/ for more details)
| As of June 30, 2023 | AUM Rollforward ($ in millions) | Annualized Flow Rate | ||||
| | MTD | QTD | YTD | MTD | QTD | YTD |
| Beginning of Period Total AUM | $89,558 | $90,739 | $81,986 | | | |
| | ||||||
| Total Net Flows | | | | | | |
| U.S. Equity | $199 | $414 | $265 | 10.0% | 6.8% | 2.2% |
| International Dev. Mkt Equity | $724 | $1,592 | $2,043 | 72.7% | 55.9% | 40.4% |
| Emerging Market Equity | $123 | $329 | $815 | 16.9% | 15.0% | 20.3% |
| Fixed Income | $1,142 | $1,471 | $4,985 | 72.8% | 31.5% | 65.8% |
| Commodity & Currency | ($605) | ($1,513) | $490 | (31.9%) | (24.3%) | 4.5% |
| Alternatives | $14 | $22 | $3 | 54.8% | 28.5% | 2.1% |
| Cryptocurrency | $6 | ($1) | $12 | 30.4% | (1.9%) | 17.8% |
| Leveraged & Inverse | ($11) | $12 | $55 | (7.7%) | 2.7% | 6.4% |
| Total Net Flows | $1,591 | $2,327 | $8,668 | 21.6% | 10.3% | 21.3% |
| Market Move | $2,517 | $601 | $3,012 | | ||
| Current Total AUM | $93,667 | $93,667 | $93,667 | | | |
| Average Total AUM | $92,808 | $91,577 | $89,340 | | | |
| Blended Total Average Fee Rate | | 36 bps | 36 bps | | | |
Source: https://ir.wisdomtree.com/
Please visit https://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 $94 billion in assets under management globally.
For more information about WisdomTree and WisdomTree Prime
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
Category: Business Update
Contacts
Media Relations
WisdomTree, Inc.
Jessica Zaloom
+1.917.267.3735
[email protected] / [email protected]
Investor Relations
WisdomTree, Inc.
Jeremy Campbell
+1.646.522.2602
[email protected]