William Blair Funds announced the newest addition to its mutual fund family, the William Blair Emerging Markets Growth Fund.
This fund is designed as an open-end mutual fund that aims to invest at least 80% of its assets in a diversified portfolio of equity securities issued by growth companies in emerging economies worldwide.
“At William Blair & Company we recognize the potential for growth companies in emerging-markets economies,” said Marco Hanig, president of the William Blair Funds. “One of the distinctive hallmarks of William Blair & Company’s international-growth strategy has been our investment in emerging- markets companies across the capitalization spectrum. This emerging-markets exposure has historically been diversified across countries, with an average of 35 to 45 companies and 13 countries in our portfolio at any one time.”
The William Blair Emerging Markets Growth Fund is co-managed by Jeffrey Urbina, George Greig, and Todd McClone.
“The William Blair Emerging Markets Growth Fund will allow our International Growth Team to invest in their best ideas within emerging markets around the world, and enable our clients to enjoy the benefits of the Team’s combined investment experience of more than 50 years in international and emerging markets,” Hanig said.