TIAA-CREF has launched the TIAA-CREF International Opportunities Fund (TIOIX, TIOTX, TIOSX, TIOPX), which it touts as the company's first actively managed mutual fund focused on international stocks in both developed and emerging markets.

The new offering bets on companies “that are in the early stages of redefining themselves or their industries, such as leaders in software development, cable services for developing markets, and well-financed equipment companies, among others,” according to the firm.

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