Bringing you live news and features since 2006 

Mutual funds

TCW launches emerging markets equities mutual fund


The TCW Group has launched the TCW Developing Markets Equity Fund, a mutual fund focused on equity investing in emerging and frontier markets.

The TCW Developing Markets Equity Fund invests in the equity of emerging and frontier market companies, as well as companies that have substantial emerging markets exposure from an asset, revenue or profitability perspective. The Fund utilises quantitative screens to narrow the investment universe, and then, through fundamentals-based research, integrates top-down country and sector allocation with bottom-up stock selection to identify investments with superior growth profiles and attractive valuations.
The TCW Emerging Markets team has extensive experience managing emerging markets equities. Its TCW Worldwide Opportunities Strategy, launched in 1987, is one of the longest-standing emerging markets balanced strategies in the marketplace.
“This new fund continues to build on TCW’s leading emerging markets franchise, which has some of the most experienced portfolio managers in the industry and today manages over USD10 billion in assets,” says David Lippman, CEO of TCW. “As many investors have turned away from emerging markets equities, we believe now is a particularly opportune time to offer a dedicated fund to take advantage of the long-term potential this asset class holds.”
The Fund is managed by Ray Prasad as lead manager and Andrey Glukhov as co-portfolio manager. Prasad brings 19 years of emerging and international markets investment experience, and Glukhov has over 14 years of experience in the emerging markets. Prasad and Glukhov will be supported by analysts Eric Fuller and Thomas Danhakl.
“We continue to see improving fundamentals and strong growth in many areas of the developing world, which presents compelling investment opportunities,” says Prasad. “Our focused but diversified portfolio contains cash-generating businesses with capable management teams that are well-positioned to take advantage of the expected ongoing growth in developing markets.”

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by