WisdomTree (WT) on Wednesday reported assets under management of $136.34 billion as of Oct. 31, down from $137.18 billion as of Sept. 30.
The company reported nearly $2.3 billion in outflows in October, primarily due to $1.26 billion in outflows from fixed income and $1.22 billion in outflows from commodity products, primarily driven by profit taking in gold.
WisdomTree shares were 0.1% lower in early trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.