MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, October 28, 2008 Wasatch Preps a Global Fund Wasatch Advisors plans to launch its 15th fund next month. The Salt Lake City-based firm will unveil the Wasatch Global Opportunities Fund on November 17, said Eric Huefner, director of mutual funds. There are no plans at this time for additional mutual fund launches, he said. 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 Cap Fund had been closed since March 2000. Printed from: MFWire.com/story.asp?s=19751 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |