TCW Group, a global asset manager based in downtown, recently launched a new mutual fund designed to provide long-term capital appreciation through wide-ranging investments in equity securities.

Dubbed “TCW White Oak Emerging Markets Equity Fund,” it’s no surprise the fund will seek investments in, well, emerging market economies. White Oak Capital Partners, a $9.4 billion investment firm based in Singapore, is the fund’s sub-adviser and has a particular knack for emerging markets equity driven by extensive research and “a highly disciplined investment process,” TCW said in a statement.

By focusing on small- and mid-caps, rather than relying solely on traditional large caps, TCW Group sees potential for great returns.

Prashant Khemka, White Oak founder and a manager of this fund, pointed to the benefits of a global reach.

“Investors increasingly look across the globe for opportunities to provide both superior returns and diversification,” Khemka said in a statement. “Emerging markets provide a fertile hunting ground for alpha generation via bottom-up stock selection amid a backdrop of favorable demographics, a rising share of global growth and a diverse opportunity set.”

Other funds at TCW

In other fund news, TCW saw its fixed income exchange-traded fund (ETF) platform reach more than $1.2 billion in assets under management last week. Comprising six ETFs, the firm’s fixed income ETF business first launched in mid-2024, though TCW first got involved in the equity ETF space in late 2023 when it acquired Engine No. 1’s ETF business line. Taking into account both equity and fixed income, the firm manages $2.6 billion in assets through its ETF business lines.