It’s $20 billion and counting for exchange-traded fund purveyor WisdomTree Investments.
The firm today announced that it passed the $20 billion mark this month, good for seventh place among ETF shops by AUM. It currently manages 46 ETFs covering equities, currency income, fixed income and alternatives asset classes. WisdomTree launched its first ETFs in June 2006.
"We are pleased to reach this significant milestone of $20 billion in AUM, and equally pleased to reach these asset levels through balanced growth across our product family,” stated Jonathan Steinberg, chief executive officer.