ETF Securities

Michael Lustig, Former BlackRock Executive Joins Jiritsu Network Board to Drive Institutional Adoption

Retrieved on: 
Thursday, May 9, 2024
Financial management, Real, Franklin Templeton Investments, Software, Fidelity, RWA, BlackRock, ETF, ETF Securities, Cryptocurrency

New York, NY, May 09, 2024 (GLOBE NEWSWIRE) -- Jiritsu Network, a forefront of blockchain innovation, is excited to announce that Michael Lustig, former Managing Director at BlackRock with extensive experience managing ETF assets, has joined their executive board.

Key Points: 
  • New York, NY, May 09, 2024 (GLOBE NEWSWIRE) -- Jiritsu Network, a forefront of blockchain innovation, is excited to announce that Michael Lustig, former Managing Director at BlackRock with extensive experience managing ETF assets, has joined their executive board.
  • Michael brings his deep expertise in financial management and investment strategy to support Jiritsu's initiatives in Real World Asset (RWA) tokenization.
  • During his illustrious 25-year tenure at BlackRock, Michael oversaw structured mortgage and derivative products trading and managed cash collateral investments in the firm’s ETF Securities Lending businesses.
  • Jiritsu Network stands to benefit immensely from Michael's extensive background in dealing with institutional investors and his strategic insights.

WisdomTree Board of Directors Sends Letter to Graham Tuckwell in Response to Mr. Tuckwell’s February 20 Letter to the Board

Retrieved on: 
Tuesday, February 27, 2024
Blockchain, Finance, Asset Management, Professional Services, Technology, Fintech, Digital Cash Management, Digital Assets, Business, ETF Securities, Acquisition, European, Growth, TSR, AUM, Letter, ETF, Audit committee, Judgement, WisdomTree Investments, Trust, Management

You also proposed that the Board immediately form a special committee of independent directors and publicly announce an expeditious strategic review of the entire business.

Key Points: 
  • You also proposed that the Board immediately form a special committee of independent directors and publicly announce an expeditious strategic review of the entire business.
  • This Board believes that if we were to implement your proposals, it would jeopardize WisdomTree’s success and harm the Company and its stockholders.
  • This trust was further evidenced by the Board’s recent unanimous approval of both the 2024 annual budget and 2023 performance compensation.
  • We urge you to respect the will of our stockholders and the judgment of our Board.

Amplify ETFs and Samsung Asset Management Launch the Amplify Samsung SOFR ETF (SOF)

Retrieved on: 
Wednesday, November 15, 2023
ETF, SOF, Samsung Asset Management, Federal Reserve Bank, SOFR, ETF Securities, Investment, Risk, Atlantean Kodex, Partnership, Samsung, LIBOR, Security (finance), Bank

CHICAGO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Amplify ETFs announces the launch of the Amplify Samsung SOFR ETF (SOF) in partnership with Samsung Asset Management (Samsung AM).

Key Points: 
  • CHICAGO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Amplify ETFs announces the launch of the Amplify Samsung SOFR ETF (SOF) in partnership with Samsung Asset Management (Samsung AM).
  • Samsung AM serves as the sub-adviser offering investors access to an institutional management team at an expense ratio of 0.20%.
  • “Our strategic partnership with Samsung AM has produced this timely opportunity for US investors and it is a great honor to collaborate with Samsung AM on their first ETF initiative in the US.”
    “We are proud to build on the legacy of Samsung Asset Management through our New York office by launching our first US-listed ETF with our strategic partner Amplify ETFs,” said Bongkyun Suh, CEO of Samsung Asset Management, the largest asset manager in Korea.
  • With extensive experience managing short-term interest income, Samsung AM was the first to list an overnight interest income ETF in Korea and are managing approximately $5.8 billion in short-term interest income ETFs, including the Kodex SOFR ETF.

21.co Appoints Senior ETF Leader as Head of Financial Product Development

Retrieved on: 
Tuesday, October 3, 2023
ARK, ETP, Yuanta Securities, HSBC, CFA, Ark Invest, Decentralized finance, International finance, State Street Global Advisors, ETF, Acquisition, ETF Securities, Growth, Entrepreneurship, SSGA, Service provider, Cryptocurrency

LONDON, Oct. 3, 2023 /PRNewswire/ -- 21.co, the world's largest issuer of crypto ETPs, today announced the appointment of Mandy Chiu, CFA, the company's Head of Financial Product Development. As interest increases in the digital asset investment space, Chiu's addition to 21.co comes at a time of significant growth and key talent acquisition for the company. 

Key Points: 
  • LONDON, Oct. 3, 2023 /PRNewswire/ -- 21.co, the world's largest issuer of crypto ETPs, today announced the appointment of Mandy Chiu, CFA , the company's Head of Financial Product Development.
  • In this role, Chiu will oversee the company's global product expansion of 21Shares.
  • Chiu brings over two decades of traditional finance experience to 21.co, previously serving as Tabula Investment Management's Chief Product Officer.
  • Before Tabula, Chiu was the Managing Director and Head of EMEA and APAC ETF Products at State Street Global Advisors (SSGA).

ARK Invest Acquires Rize ETF Limited, Paving the Way for Its Expansion into Europe, the UK, and New Markets Globally

Retrieved on: 
Tuesday, September 19, 2023
WisdomTree Investments, Rize, ETF, Marketing, Ark Invest, Research, Trade, Acquisition, Legal & General, SFDR, UCITS, ETF Securities, United Kingdom, CIO, Entrepreneurship, Growth, Financial adviser, European

ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.

Key Points: 
  • ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.
  • The Rize ETF Founders are a proven team of ETF experts and have over 40 years of combined ETF experience.
  • The existing name and brand of Rize ETF will be phased out, and the platform will transition into "ARK Invest Europe," which will be a division of ARK Invest Limited.
  • ARK Invest Europe will serve as the hub for ARK's expansion into the Europe, the UK and new markets globally.

ARK Invest Acquires Rize ETF Limited, Paving the Way for Its Expansion into Europe, the UK, and New Markets Globally

Retrieved on: 
Tuesday, September 19, 2023
WisdomTree Investments, Rize, ETF, Marketing, Ark Invest, Research, Trade, Acquisition, Legal & General, SFDR, UCITS, ETF Securities, United Kingdom, CIO, Entrepreneurship, Growth, Financial adviser, European

ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.

Key Points: 
  • ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.
  • The Rize ETF Founders are a proven team of ETF experts and have over 40 years of combined ETF experience.
  • The existing name and brand of Rize ETF will be phased out, and the platform will transition into "ARK Invest Europe," which will be a division of ARK Invest Limited.
  • ARK Invest Europe will serve as the hub for ARK's expansion into the Europe, the UK and new markets globally.

WisdomTree Says Graham Tuckwell and His Nominees are Wrong for WisdomTree – Just Look at the Facts

Retrieved on: 
Friday, May 12, 2023
Consulting, Banking, Professional Services, Finance, NOT, The Royal Court, Island, Plaintiff, Sale, ETF, Tonia, ANY, Our Boarding House, ETF Securities, Letter, NYSE, Royal Court, Holding company, Security (finance), Financial adviser, WisdomTree Investments, Shareholder

We urge you to “WITHHOLD” on all three of ETFS Capital’s nominees and to NOT sign ANY proxy card or voting instruction form sent to you by ETFS Capital.

Key Points: 
  • We urge you to “WITHHOLD” on all three of ETFS Capital’s nominees and to NOT sign ANY proxy card or voting instruction form sent to you by ETFS Capital.
  • We have reviewed many candidates – including Mr. Tuckwell – and have always been open-minded in considering those who would be suitable for the Board.
  • Mr. Tuckwell’s conflicts of interest and documented track record of mistreating stockholders disqualify him from serving on the WisdomTree Board.
  • In this letter, we explain why Graham Tuckwell and the ETFS Capital slate are not the right directors for all WisdomTree stockholders.

ETFS Capital Comments on Wisdomtree’s Q1 2023 Results

Retrieved on: 
Monday, May 1, 2023
WisdomTree Investments, Letter, Answer, Finance, ETF, Journal, WT, Gold, AUM, Acquisition, Steinberg, Annual general meeting, ETF Securities, Growth, Economics, Computer data storage, Cryptocurrency, Management, Chime, Revolut

According to WisdomTree’s Letter to Stockholders in December 2022, WT Prime had a waitlist of more than 6,500 potential users.

Key Points: 
  • According to WisdomTree’s Letter to Stockholders in December 2022, WT Prime had a waitlist of more than 6,500 potential users.
  • Therefore, it is not surprising that WisdomTree’s management refuses to provide any benchmarks against which it might be evaluated.
  • Given the responses to analyst questions dating back to 2021, it is obvious that there is no credible plan for WT Prime.
  • I was hoping you could elaborate a bit more on the economics [on WisdomTree Prime], how that will work.

WisdomTree Sets the Record Straight Regarding Abandonment of Cooperation Agreement at the Eleventh Hour by ETFS Capital Limited and Lion Point Capital

Retrieved on: 
Thursday, May 5, 2022
Board, BOARD, Negotiation, ALL, NASDAQ, GLOBE, Board of directors, Temperament, WisdomTree Investments, Abernathy, Company, Securities Exchange Act of 1934, ETP, Securities Act of 1933, Annual report, Asset, Housing, Communities and Local Government Committee, Industry, Investor relations, Form 10-K, Leadership, AND, BofA Securities, ARE, ETF, ETF Securities, Intention, WETF, Traction, SEC, CEO, AUM, Growth, Annual general meeting, Acquisition, Holding company, Security (finance), Financial adviser, Financial services, Real estate, Property management, Management, Shareholder

NEW YORK, May 05, 2022 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (“WisdomTree” or the “Company”) (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today responded to the numerous false and misleading assertions made by dissident WisdomTree stockholders ETFS Capital Limited (“ETFS”) and Lion Point Capital (“Lion Point”) in their May 4th press release and open letter.

Key Points: 
  • Frank Salerno, WisdomTree Chair of the Board, said, A cooperation agreement with ETFS and Lion Point would have been a win for all stockholders.
  • We were shocked that, mere hours before its planned announcement, ETFS and Lion Point abruptly and irresponsibly discarded the cooperation agreement and announced their intention to engage in a proxy fight.
  • Lion Point and ETFS would also have been entitled to designate an additional independent director, subject to the approval of the Boards Nominating and Governance Committee.
  • Despite ETFS and Lion Points decision to abandon the cooperation agreement, WisdomTree will still seek stockholder approval to declassify the Board at the 2022 Annual Meeting.

WisdomTree ETFs Declare Distributions

Retrieved on: 
Thursday, March 25, 2021
Exchange-traded funds, Finance, Financial markets, Investment, WisdomTree Investments, Exchange-traded product, Boost ETP, ETF Securities

WisdomTree Investments, Inc., through its subsidiaries in the U.S. and Europe (collectively, WisdomTree), is an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager headquartered in New York.

Key Points: 
  • WisdomTree Investments, Inc., through its subsidiaries in the U.S. and Europe (collectively, WisdomTree), is an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager headquartered in New York.
  • WisdomTree is the marketing name for WisdomTree Investments, Inc. and its subsidiaries worldwide.
  • Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs.
  • Past distributions are not indicative of future distributions.