| Last week, WisdomTree (WETF) announced earnings, and the results were strong, sending the stock 5% higher in early trading. Net income rose 600% year-over-year on the back of an almost $6 billion increase in assets during the first quarter and expanding margins. In all, it was a powerful report by a firm that has quickly become one of the success stories in the ETF industry.
Although no one in their right mind would rank WisdomTree alongside BlackRock , Vanguard or State Street Global Advisors in terms of influence or power, the New York-based ETF firm has leveraged its unique strategies in a way that even the biggest money management firms in the world have had trouble replicating...............................................Full Article: Source
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