03:26 AM EDT, 08/09/2024 (MT Newswires) -- WisdomTree ( WT ) reported $111.11 billion of assets under management in July, reflecting net outflows of $580 million and a blended fee rate of 37 basis points for the month.

The company said late Thursday net outflows in July are largely traceable to "oil trading in Europe due to tactical profit-taking." They are also due to fixed-income outflows resulting from reallocations into risk assets from floating-rate treasuries.

It said equity product categories generated net inflows of about $200 million in July.

Shares of the company fell 1.8% in after-hours activity Thursday.

Price: 9.48, Change: -0.17, Percent Change: -1.76