WisdomTree Plans 15 to 20 Product Launches Using Atlantic House Capabilities

WisdomTree plans 15 to 20 product launches using Atlantic House capabilities over 18 to 24 months, President and COO Jarrett Lilien said on Oct. 30.

Lilien said WisdomTree had launched its first two products in Europe. The call did not specify whether those launches count toward the 15-to-20 total.

WisdomTree’s May 1 announcement of its Atlantic House acquisition set a target of 15 to 20 defined outcome exchange-traded funds globally over 18 months. On Oct. 30, Lilien described a plan for 15 to 20 products over a longer 18-to-24-month period. The call did not say the newer description formally revised the May target, or specify whether the products would all be defined outcome ETFs or launch globally.

WisdomTree completed the acquisition on May 1. London-based Atlantic House is an active manager specializing in defined outcome and derivatives-driven strategies.

European launches from August through October included the WisdomTree Defined Return Autocallable EUR Active UCITS ETF (DRTN) and the WisdomTree Defensive Defined Return Autocallable EUR Active UCITS ETF (DRTD). WisdomTree said the funds use the investment team that joined the company through the Atlantic House acquisition.