CEO Steinberg during a conference call Friday said the firm’s ETF assets are up 50% year to date to a record $27.6 billion.
He noted that DXJ, the Japan ETF, has become a globally recognized security.
“In 2009, WisdomTree stated that we had a longer term stretch goal of becoming a top-five player in the U.S. ETF market. I am excited to say that we recently achieved that goal. I am truly very proud of our recent accomplishments,” Steinberg said.
“But I am not satisfied. We need to continue to look forward, so we have established a new longer term stretch goal. We have laid the foundation to become a $100 billion asset manager,” the CEO added.
“So that is our new vision, $100 billion in assets under management. I feel strongly that going from zero to $25 billion in assets will prove more difficult than going from $25 billion to $100 billion,” he predicted. “That said, we still have plenty of hard work ahead of us.”
WisdomTree Investments
