WisdomTree releases May indicator data, with net inflows reaching $577 million that month
2024-06-11 13:56
Odaily News WisdomTree today released monthly metrics for May 2024, including assets under management (AUM) and flow data by asset class. The key points are as follows: 1. WisdomTree achieved net inflows of US$577 million in May, of which 6 of the 8 major product categories achieved positive inflows, and the fund fees for general inflows were higher than the overall blended fees; 2. WisdomTree's U.S. listed ETFs and offshore UCITS ETF portfolios generated a total of US$953 million in net inflows this month, and nearly US$3.8 billion in net inflows so far in 2024; 3. WisdomTree's tactical products, European commodities and currencies, and leveraged and inverse product suites had net outflows of approximately US$360 million, which tend to have more volatile flow characteristics; 4. With the launch in Washington State and New Hampshire, WisdomTree Prime® now covers more than 78% of the U.S. population. (Businesswire)
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