Chicago-based William Blair Funds is adding an emerging markets fund to its complex. The Emerging Markets Growth Fund is the twelfth fund in the family that claims some $7 billion in fund assets under management.

The no-load fund will leverage the firm's existing international portfolio management team to recognize the opportunities in emerging economies around the globe, said Marco Hanig, president of the William Blair Funds.

Jeffrey Urbina, George Greig, and Todd McClone will each serve as co-manager of the fund.

"The William Blair Emerging Markets Growth Fund will allow our International Growth Team to invest in their best ideas within emerging markets around the world, and enable our clients to enjoy the benefits of the Team's combined investment experience of more than 50 years in international and emerging markets," Hanig said. 

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