WisdomTree Adds Europe To ETF Name, Cuts European Exposure

Aug 30 2012 | 3:43am ET

WisdomTree Investments' International Hedge Equity exchange-traded fund has been reborn and renamed.

Despite its new name, the WisdomTree Europe Hedged Equity Fund, which debuted at the close of business yesterday, actually seeks to cut its exposure to the euro and Europe's financial sector. Instead, the relaunched fund will focus on export-driven European companies, especially those that pay dividends.

"By providing exposure to European stocks while neutralizing the downside for U.S. investors that would be inflicted by a weakening euro, we believe HEDJ can present a precise and thoughtful alternative to un-hedged portfolios of European stocks," Luciano Siracusano, WisdomTree's chief investment strategist, said.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…