WisdomTree Wins Six Fund Action ETF Performance Awards
NEW YORK, March 01, 2016 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (NASDAQ:WETF), an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and asset manager, today announced it received six awards at the inaugural Fund Action ETF Performance Awards. Seventeen firms were nominated across twelve categories; the awards were given to firms who demonstrated solid performance, positive asset flows and credibility among advisors and investors.
"We are honored to be acknowledged by Fund Action given the quality of industry competition. We will continue to focus on providing useful investment solutions for investors. The foundation of WisdomTree's success has always been our innovative and differentiated product set," said WisdomTree CEO and President Jonathan Steinberg.
WisdomTree was awarded ETF Provider of the Year for Performance, beating out five industry players. The WisdomTree Japan Hedged Health Care Fund (DXJH) won three awards for its performance in the ETF of the Year Overall, Best Self-Indexed and Best Specialist ETF categories. DXJH was one of the best-performing healthcare ETF of 2015. The WisdomTree Europe Hedged Equity Fund (HEDJ) secured two awards for its flows in the Best Smart-Beta and Best Self-Indexed categories. HEDJ experienced record net inflows of $13.8 billion last year.
The ETF awards are judged based on either performance or asset flows over a 12-month period ending in September 2015. In addition to performance and flow data, judges also considered the management firm and Fund's reputation in the marketplace—giving credit to firms who had shown innovation in new products and fee offerings. Winners received their awards at a banquet held at the JW Marriott Essex House on February 22, 2016 in New York City.
WisdomTree Investments, Inc., through its subsidiaries in the U.S., Europe and Japan (collectively, "WisdomTree"), is an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and asset manager headquartered in New York. WisdomTree offers products covering equities, fixed income, currencies, commodities and alternative strategies. WisdomTree currently has approximately $44.2 billion in assets under management globally.
WisdomTree® is the marketing name for WisdomTree Investments, Inc. and its subsidiaries worldwide.
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