WisdomTree issues year-end letter to stockholders

WisdomTree issued a 2022 year-end letter to stockholders from the WisdomTree Board of Directors. "2022 was a unique and exciting year for WisdomTree. While operating in a challenging macroenvironment, we successfully broadened and grew our ETP business and advanced our early mover strategic expansion into digital assets and blockchain-enabled finance… First and foremost, we are pleased with the Company’s progress and our strong financial results. We are in the midst of our tenth consecutive quarter of net inflows, and we see immense opportunities for continued organic growth in both our ETP business and as an early mover in digital assets and blockchain-enabled finance… Our success over the past year has been driven by strong breadth and depth of global flows, with inflows into seven of our eight major product categories… Our products are also extremely well positioned for the rotation to value, driven by rising interest rates and an inflationary environment and have delivered outstanding performance. We also have continued to execute on our digital assets strategy, which is a natural extension of our core business and we believe will bring us new, diversified and high-growth revenue streams… We are well positioned to continue on our growth trajectory and identify further opportunities to expand our business and reach a greater addressable market… This year, we also made meaningful changes in the boardroom with the addition of four new directors – Harold Singleton III, Lynn S. Blake, Deborah A. Fuhr and Daniela Mielke – resulting in more than half of our current Board members having been appointed within the past two years… The Committee, the full Board and the Company’s management team have worked closely to ensure that this review would be informed by a comprehensive and transparent view of every aspect of WisdomTree. The Committee met numerous times as a group, with management and with the Board… We are also proud of the outcome. The Board, in reviewing the Committee’s recommendations and observations, unanimously concluded that it fully supports WisdomTree’s management team and the current strategy and plan for stockholder value creation. The Board will continue to review and evaluate the Company’s operations, management, strategy and its execution on an ongoing basis, as well as all approved Committee recommendations and those modified into Board directives."