WisdomTree Reports February Assets Under Management of $114.39 billion

MT Newswires Live
03-11

WisdomTree (WT) reported assets under management of $114.39 billion as of Feb. 28, reflecting $834 million in net inflows for the month and a blended fee rate of 36 basis points.

The company said it saw inflows in five of its eight major product categories last month, with US equity products attracting $651 million and fixed income products adding $300 million. Alternatives saw $66 million in inflows, while commodity and currency products gained $114 million, WisdomTree said.

WisdomTree said its international developed market equity funds saw $150 million in net outflows, the emerging market equity saw $103 million in net outflows while the cryptocurrency products experienced $71 million in outflows.

Shares of the company were up 5% in recent Tuesday premarket activity.

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