WisdomTree Announces Plans for Japan Office and Hires Market Veteran Jesper Koll
(Thomson Reuters ONE) -
Taps Former Managing Director of Research at J.P. Morgan in Japan
TOKYO and NEW YORK, July 01, 2015 (GLOBE NEWSWIRE) --WisdomTree Investments,
Inc. (NASDAQ:WETF), an exchange-traded fund ("ETF") and exchange-traded product
("ETP") sponsor and asset manager, today announced the planned opening of a new
office in Tokyo and the appointment of Jesper Koll as Chief Executive Officer of
WisdomTree subsidiary WisdomTree Japan K.K., to lead the development of
WisdomTree's business in Japan. WisdomTree Japan K.K. is currently applying for
requisite regulatory business registrations and hopes to commence its business
later this year.
At this time, WisdomTree does not plan either to create any domestic ETFs in
Japan, or to cross list any offshore ETFs or ETPs in Japan.
Prior to joining WisdomTree, Mr. Koll was Chief Japan Equity Strategist and
Managing Director of Japan Equity Research at J.P. Morgan in Japan. Previously,
he held senior economist and strategist positions at Merrill Lynch and the Tiger
Fund in Japan. He has held a seat on several Japanese government advisory
committees and is one of the few non-Japanese members of the Keizai Doyukai, the
Japan Association of Corporate Executives.
WisdomTree, with more than $63 billion in assets under management, is presently
the 6(th) largest ETP sponsor in the world. WisdomTree offers ETPs covering
domestic, international and global equities, fixed income, currencies,
commodities and alternative strategies. WisdomTree manages approximately $19
billion in Japan-focused strategies and is a leader in dividend-weighted "Smart
Beta" ETFs.
"The appointment of someone of Jesper's caliber and accomplishment demonstrates
the significance with which we are pursuing this opportunity in Japan. Jesper is
a distinguished and deeply committed Japan market expert with valuable
relationships and insights amassed over his nearly three decades of local
experience," said WisdomTree CEO and President Jonathan Steinberg.
Mr. Koll said "Japan is evolving rapidly as an investment market and Japanese
investors are looking for new investment solutions. WisdomTree has been highly
successful in developing the ETF market in the U.S. and elsewhere with its
product suite of Japanese, U.S. and international equity and fixed income
exposures. WisdomTree is a firm of thoughtful, research-driven investment
solutions and I am excited to help bring this story to Japan."
About WisdomTree
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 offers products covering equities, fixed income, currencies,
commodities and alternative strategies. WisdomTree currently has approximately
$63.7 billion in assets under management globally.
WisdomTree® is the marketing name for WisdomTree Investments, Inc. and its
subsidiaries worldwide.
Contact Information:
WisdomTree Investments, Inc.
Stuart Bell / Jessica Zaloom
+1.917.267.3702 / +1.917.267.3735
sbell(at)wisdomtree.com / jzaloom(at)wisdomtree.com
Japan
Ashton Consulting
John Sunley / Lois Christie
+81 3-5425-7220
WisdomTreePR(at)ashton.jp
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: WisdomTree Investments, Inc. via GlobeNewswire
[HUG#1933104]
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Datum: 01.07.2015 - 07:00 Uhr
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News-ID 404127
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