William Blair has expanded its investment offering with the launch of three Sicavs and the increase on the number of share classes of all the Sicav funds in a move aimed at allowing access from the wholesale market.
The William Blair US Small Cap Growth Fund and the William Blair US Small-Mid Cap Core Fund are designed to offer investors exposure to US small cap or US mid-cap equities, seeking to provide strong long-term investment returns. The US Small Cap Growth Strategy will be managed by Mike Balkin and Ward Sexton while the US Small-Mid Cap Core Strategy will be managed by Dan Crowe, Rob Lanphier, and Ward Sexton.
The third vehicle, the William Blair Global Leaders SRI Fund, invests in companies worldwide ruling out those that do not respect international human rights conventions and companies that derive a significant portion of their revenues from activities deemed not compliant with sustainable investment principles. It will be managed by Andy Flynn and Ken McAtamney.
Tom Ross, William Blair's head of European distribution said: "We are pleased to launch three new funds that extend our range of global strategies available to European investors.
"There has been increased interest from clients for our investment strategies, and we are pleased to be expanding the share class of all our SICAV funds to be available to the growing wholesale market."
The addition of these funds raises the number of Sicav funds to 10 accumulating $1.7bn in assets under management as of December 31, 2018. The firm managed over $81.9bn in client assets on the same date.