Managing the TCW fund will be Mark Madden and David Robbins. Paul Attwood is at the helm of the Huntington fund.
Before joining TCW, Madden was the lead portfolio manager at Ninth Wave Capital Management and also worked at OppenheimerFunds. Robbins’ expertise is in emerging market fixed income.
“Over the next few years, growth in emerging markets will be substantially higher than in the developed economies, which means that emerging market companies will deliver greater earnings growth,” Madden said. “Emerging economies continue to benefit from both globalization and expanding domestic consumption.”
Robbins said he is encouraged by the rapidly growing middle class throughout emerging markets nations, as well as their aversion to both consumer and corporate debt. That said, emerging markets countries will crawl out of the Great Recession ahead of developed nations, Robbins predicted.
The TCW fund is the company’s third emerging markets offering, joining an income fund and one focused on sovereign and corporate debt.
The Huntington fund will seek out developing countries adhering to conservative fiscal and monetary policies, actively building out their infrastructure and with rich natural resources. It also has the license to invest in developed nations, fixed income and exchange-traded funds.