WisdomTree Falls Short Despite Attracting More Assets

Portfolio diversification is an important thing for investors to apply to their own investing. For asset manager WisdomTree Investments (NASDAQ: WETF), diversifying the products it offers to its exchange-traded fund customers is how the company hopes to stoke new growth: by driving greater demand for its ETFs.

Coming into Friday's second-quarter financial report, WisdomTree investors wanted to see a modest pickup in revenue that would help spur a sizable rise in earnings. WisdomTree wasn't able to meet those wishes, with advisory fee revenue remaining unchanged and its bottom line falling slightly short of expectations. Let's look more closely at WisdomTree and what its latest results say about the ETF manager's future.

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Source: Fool.com