WisdomTree (WT) reported Wednesday assets under management in August of $111.19 billion, which reflects net outflows of $919 million during the month.
The company said its inflows were offset by outflows in its Japan Hedged Equity Fund (DXJ) and European commodity products, linked to risk-off positioning.
WisdomTree's US equity products received $209 million in net inflows for August, while its cryptocurrency segment saw $164 million in net inflows, the company said.
The Japan Hedged Equity Fund posted a net outflow of $881 million, and commodity and currency products reported $519 million in outflows, it added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments