According to Odaily, WisdomTree has released its monthly indicators for May 2024, including Assets Under Management (AUM) and flow data divided by asset type. The key points are as follows:
In May, WisdomTree achieved a net inflow of $577 million. Out of eight product categories, six saw positive inflows. The fund fees for these inflows were generally higher than the overall blended rate. The combination of WisdomTree's US-listed ETFs and offshore UCITS ETFs generated a total net inflow of $953 million this month. So far in 2024, there has been nearly $3.8 billion in net inflows.
However, WisdomTree's tactical products, European commodities and currencies, and leveraged and inverse product suites saw a net outflow of about $360 million. These products often have more unstable liquidity characteristics.
With the launch in Washington and New Hampshire, WisdomTree Prime® now covers more than 78% of the US population. This expansion is a significant step in WisdomTree's growth strategy, as it continues to broaden its reach and influence in the asset management industry.