TCW Mutual Funds Cross $30B In Assets

TCW Group’s TCW and MetWest-branded mutual funds have obtained over $30 billion in assets under management.

TCW Group’s TCW and MetWest-branded mutual funds have obtained over $30 billion in assets under management. The acquisition of Metropolitan West Asset Management in February 2010 and consistent net inflows have increased TCW’s mutual fund assets by 210% from their total of $9.7 billion at the close of 2009. The MetWest Total Return Bond Fund reached $13.5 billion in assets, while the MetWest High Yield Bond Fund gathered $2.3 billion. The TCW Emerging Markets Income Fund surpassed $2.2 billion in assets and the TCW Small Cap Growth Fund received assets worth $1.2 billion.

Click here for the release from Market Wire.