DGAP-News: WisdomTree Investments, Inc. /
WisdomTree Completes Investment to Create WisdomTree Europe
17.04.2014 / 09:00
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WisdomTree Takes Majority Stake in U.K. ETP Group Boost; WisdomTree and Boost
Product Ranges to Serve European Investors
NEW YORK and LONDON, 2014-04-17 09:00 CEST (GLOBE NEWSWIRE) --
WisdomTree Investments, Inc. (Nasdaq:WETF), an exchange-traded fund ('ETF')
sponsor and asset manager, announced today that it has completed the
acquisition of Boost ETP, a UK-based exchange-traded product ('ETP') provider,
in a move that expands WisdomTree's footprint to Europe. WisdomTree will
commence the previously announced build-out of a local European platform to
offer a select range of UCITS ETFs under the WisdomTree brand and continue to
manage and grow the Boost lineup of short and leveraged fully collateralized
ETPs under the Boost brand.
'We are excited to deepen and expand our offerings as the world's eighth
largest ETF sponsor and look forward to serving the European market,' said
WisdomTree CEO and President Jonathan Steinberg.
Hector McNeil and Nik Bienkowski, founders of Boost and veterans of Europe's
ETF industry, will serve as Co-CEOs of WisdomTree Europe. Messrs. McNeil and
Bienkowski added, 'We look forward to continuing to grow the Boost ETP family
under WisdomTree and we are pleased to lead the platform for WisdomTree's
European ETF plans.'
About WisdomTree
WisdomTree Investments, Inc. is a New York-based exchange-traded fund ('ETF')
sponsor and asset manager. WisdomTree currently offers 67 ETFs across Equities,
Fixed Income, Currency Income and Alternatives asset classes. WisdomTree also
licenses its indexes to third parties for proprietary products and promotes the
use of WisdomTree ETFs in 401(k) plans. WisdomTree currently has approximately
$33.1 billion in ETF assets under management.
WisdomTree(R) is the marketing name for WisdomTree Investments, Inc. and its
wholly owned subsidiary WisdomTree Asset Management, Inc. WisdomTree Asset
Management, Inc. is a registered investment advisor and is the investment
advisor to the WisdomTree Trust and the WisdomTree ETFs. The WisdomTree Trust
is a registered open-end investment company. Each WisdomTree ETF is a series of
the WisdomTree Trust.
WisdomTree Investments, Inc.
Stuart Bell / Jessica Zaloom
+1.917.267.3702 / +1.917.267.3735
sbell@wisdomtree.com / jzaloom@wisdomtree.com
News Source: NASDAQ OMX
End of Corporate News
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Language: English
Company: WisdomTree Investments, Inc.
United States
ISIN: US97717P1049
End of News DGAP News-Service
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263696 17.04.2014
DGAP-News: WisdomTree Completes Investment to Create WisdomTree Europe
| Source: EQS Group AG