Monday, 27 March 2017
Last updated 2 days ago
Nov 4 2013 | 9:43am ET
New York-based Wisdom Tree Investments has been given the green light to market three additional exchange-traded funds to pension funds south of the border.
The Chilean pension funds investment regulator has okayed for sale a U.S. small-cap earnings ETF, a U.S. mid-cap earnings ETF and a Japan small-cap dividend ETF. The ruling means Wisdom Tree may now market 13 ETFs to Chilean pension funds, a sector with $163 billion in assets under management.
"Given the interest we've seen by Chilean pension investors in U.S. equity funds over the last year, we are delighted that three additional ETFs are approved for sale to Chilean pension funds—two of which are our best performing U.S. ETFs in the small- and mid-cap segments of the market," said Luciano Siracusano, WisdomTree chief investment strategist, in a statement.
WisdomTree, with about $32.8 billion in ETF assets under management, offers 54 ETFs across equities, fixed income, currency income and alternatives asset classes. The firm also licenses its indexes to third parties for proprietary products.