WisdomTree, a leading global provider of exchange-traded funds, has reached the one-year anniversary of the launch of its European ETF platform. Assets under management in Europe have now surpassed $700m across 12 WisdomTree ETFs and 64 Boost ETPs. The firm has expanded its presence across the continent with ETFs now active on the London Stock Exchange, Deutsche Boerse, Borsa Italiana and SIX Swiss Exchange.
In Europe, WisdomTree currently focuses on niche investment solutions such as smart beta, currency-hedged and, via its Boost brand, short and leveraged ETPs. Its strongest inflows were recorded in smart beta ETFs, most notably those tracking small-cap dividend-paying equities.
Boost has contributed to the success of the platform over the past year due to investor demand for such products to hedge or profit from the heightened volatility experienced in certain markets during this time. The firm offers S&L exposures to equities, fixed income, and currencies; however, those which are commodity-based have shown the fastest pace in gathering net new assets.
Hector McNeil, Co-CEO of WisdomTree Europe, commented: “The success of WisdomTree over the past year has demonstrated the benefits of bringing differentiated ETP strategies to Europe. We have also listened closely to our clients and this has helped us build uniquely innovative solutions that deliver value to our growing Pan-European investor base. It is a testament to the quality of the firm’s product development, research, marketing, and distribution expertise that we have been able to successfully launch and grow such a wide range of ETFs and ETPs over the course of the past year.
“With the work that has been done, we believe we have laid a solid foundation and are well-positioned for future growth. We will continue to focus on strengthening our position in the ETP industry.”