Capital Markets
Company Overview of WisdomTree Asset Management, Inc.
Company Overview
WisdomTree Asset Management, Inc. is a privately owned investment manager. The firm primarily provides its services to investment companies. It manages equity and fixed income exchange traded funds. The firm invests in the public equity, fixed income, currency, and alternative investment markets across the globe. It is based in New York City. WisdomTree Asset Management, Inc. operates as a subsidiary of WisdomTree Investments, Inc.
380 Madison Avenue
21st Floor
New York, NY 10017-2509
United States
Key Executives for WisdomTree Asset Management, Inc.
WisdomTree Asset Management, Inc. Key Developments
WisdomTree Investments, Inc. announced the appointment of Ryan Louvar as General Counsel of WisdomTree Asset Management, Inc. Mr. Louvar, formerly Vice President and Senior Managing Counsel at State Street, served as the Chief Legal Officer for the SPDR family of ETFs. Mr. Louvar brings to WisdomTree over 15 years of legal experience with a specific focus on ETFs.
Research Affiliates, LLC and WisdomTree Investments, Inc. announced Research Affiliates will withdraw its patent infringement lawsuit brought in the United States District Court for the Central District of California. As part of the settlement, all claims and counterclaims will be dismissed with prejudice between Research Affiliates, WisdomTree Investments, Inc., its subsidiaries, WisdomTree Asset Management, Inc. and WisdomTree Retirement Services, Inc., Wisdomtree Trust, as well as Mellon Capital Management Corporation and Alps Distributors Inc. The settlement agreement resolves all matters pertaining to the lawsuit. Research Affiliates has agreed not to sue WisdomTree for any future claims arising under any current patents held by Research Affiliates, as well as any future patents relating to fundamentally-weighted indexes and strategies that may issue under existing or future patent applications that may be filed by Research Affiliates within the next eight years, subject to reduction by up to three years in the event that Research Affiliates is acquired. The covenant not to sue extends to service providers and customers of WisdomTree in connection with WisdomTree's products and services. WisdomTree has agreed not to sue Research Affiliates for any future claims arising under any current patents held by WisdomTree, as well as any future patents relating to fundamentally-weighted indexes and strategies that may issue under existing or future patent applications that may be filed by WisdomTree within the next eight years, subject to reduction by up to three years in the event that WisdomTree is acquired. The covenant not to sue extends to service providers and customers of Research Affiliates in connection with Research Affiliates' products and services. Research Affiliates and WisdomTree have agreed that the covenants not to sue do not include a right under each party's patents to copy the other party's methodologies. They have further agreed that it is not copying if Research Affiliates introduces an index or strategy that uses at least three fundamental factors to weight its indexes and they are not predominantly dividend- or earnings-weighted, or if WisdomTree introduces an index or strategy that is weighted by less than three fundamental factors. The parties have also agreed not to challenge the other party's patents or patent applications. Research Affiliates has agreed to a one-time payment of $700,000 to WisdomTree. WisdomTree and the other defendants are not required to make any current or future payments to Research Affiliates. All other terms of the settlement are confidential. WisdomTree further announces that the settlement will not affect the current methodologies and fee schedules for its exchange-traded funds.
WisdomTree Asset Management, Inc. Presents at 3rd Annual Investment Management Summit 2012, Oct-17-2012 04:45 PM. Venue: NYSE Euronext, 2 Broad Street (Entrance), New York, NY 10005, United States. Speakers: Luciano Siracusano, Chief Investment Strategist and Director of Sales.
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To contact WisdomTree Asset Management, Inc., please visit www.wisdomtree.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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