However, one analyst warns about a turn in the market conditions.
“WisdomTree’s recent growth is highly dependent on a single idea. Its fall could be just as swift should the yen begin appreciating.” Samuel Lee, ETF strategist at Morningstar, said in the article. Additionally, WisdomTree is “highly dependent on its emerging-market funds…. If EM falters, WisdomTree will be hurt.”
Nevertheless, in diversifying its ETF line, CEO Jonathan Steinberg said WisdomTree will go heavy on product launches, with a suite of currency-hedged equity investments, including a currency-hedged Germany ETF play.
WisdomTree, with $25 billion in assets under management, is the sixth-largest ETF provider.
For more information on the fund industry, visit our current affairs category.
Max Chen contributed to this article.