There are enormous opportunities in private credit markets.
The group becomes a major European fund manager with over €1,500bn in assets.
The WisdomTree Europe Defence UCITS ETF (WDEF) launched three months ago.
The portfolio of the future will comprise 50% public equities, 30% public fixed income & 20% private markets.
This enables advisors to access key WisdomTree products in separately managed accounts.
They will have distinct investment management teams and stewardship teams.
Wealth channels and retail fund flows could become the dominant contributor to fundraising.
The active high yield ETF is anchored by $2bn from an institutional external client.
Funds raised were above the target of $2.5bn.