In response to growing demand for international equity funds, RS Investments has launched two new global equity mutual funds, the RS Global Growth Fund and the RS Greater China Fund. Baillie Gifford Overseas will sub-advise the funds.
“The RS Global Growth and RS Greater China funds provide an opportunity to serve a greater number of advisers and their clients seeking high-quality professional management of their increasing international and global equity allocations,” said RS Investments Chief Executive Officer Terry Otton. “The new funds will be managed in the same research-driven, disciplined investment process that characterizes RS’ other international equity mutual funds.”
RS has two other existing international funds, the RS International Growth and RS Emerging Markets funds, launched in 1993 and 1997, respectively, and also managed by Baillie Gifford. These funds have $2.7 billion of assets under management of RS Investments’ total $22 billion in AUM.