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Monday, July 29, 2013 WSJ: WisdomTree "Killed It" in the Second Quarter The Wall Street Journal's Kirsten Grind writes that WisdomTree's [profile] growth and second quarter performance show that the ETF industry is booming. WisdomTree had $5 billion in inflows in the second quarter up from just $300 million during the second quarter last year. Assets under management are up a whopping 93 percent. Although WisdomTree is a small provider, and ETFs still make up a small slice of the fund industry, WisdomTree's growth shows the demand is there, Grind writes, noting that the firm is the second-largest among U.S. ETF providers. It's only behind the much larger Vanguard [profile]. To read more, click here. Printed from: MFWire.com/story.asp?s=45152 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |