plans to launch its 15th fund
next month. The Salt Lake City-based firm will unveil
the Wasatch Global Opportunities Fund
17, said Eric Huefner
, director of mutual funds.
There are no plans at this time for additional mutual fund launches,
Wasatch will soon be adding three more funds to its lineup
via a deal it inked in August (see The MFWire,
August 26, 2008). Wasatch is buying the funds
from 1st Source Corporation
for $11.7 million, and according to Huefner, the transaction is on track to close by yearend.
Earlier this month, Wasatch reopened three micro cap funds
to new and existing investors. The firm's flagship Micro
had been closed since March 2000.
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