WisdomTree Investments has fought back at ETFS Capital Limited and Lion Point Capital's claims that it has "lost credibility with shareholders," calling the claims "numerous false and misleading" in a recent statement. The asset manager was stung back in March when shareholders ETFS Capital and Lion Point Capital co-authored an open letter to WisdomTree calling for an overhaul of the company's management, recommending a new CEO be appointed. At the time ETFS owned 10.4% of the common stock of WisdomTree and Lion Point held 3.1%. WisdomTree has directly responded to the claims in th...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
