Wasatch Global Investors

What Wasatch Global Investors does

Wasatch Global Investors is a 100% employee-owned investment management firm founded in 1975 and headquartered in Salt Lake City, Utah. The firm specializes in active small-cap and SMID-cap equity management, operating 21 investment strategies across U.S., Emerging Markets, International Developed, and Global mandates delivered through mutual funds, separate accounts, Collective Investment Trusts (CITs), a limited partnership, and an exchange-traded fund. The firm reported approximately $22.3 billion in assets under management as of June 30, 2026, with 94 employees including 40 research professionals organized under a collaborative "Multiple Eyes" research process that emphasizes bottom-up fundamental analysis of high-quality growth companies.

The product platform spans 22+ pooled vehicles including flagship strategies such as Small Cap Growth, Core Growth, Micro Cap, Micro Cap Value, Small Cap Value, Ultra Growth, U.S. Select, Long/Short Alpha, Global Opportunities, Global Select, Emerging Markets Small Cap, Frontier Emerging Small Countries, Emerging India, Global Value, and International Value. In July 2026 the firm launched its first actively managed ETF—the Wasatch Small/Mid Cap ETF (WSMD) at a 0.75% expense ratio—and in October 2025 it launched two new value-oriented funds (Global Small Cap Value and International Small Cap Value) following the hire of two portfolio managers from Grandeur Peak Global Advisors. Mutual fund distribution is conducted through ALPS Distributors, Inc., which is unaffiliated with Wasatch.

Wasatch generates revenue primarily through investment management and advisory fees on assets under management, with annual billing across Investor and Institutional mutual fund share classes, separately managed accounts, CITs, the WSMD ETF, and limited partnership interests. The firm completed a major technology modernization in August 2026 by going live on Ridgeline's AI-native investment management platform, replacing nine previously disconnected legacy systems. Distribution spans direct investor relationships (800.551.1700), financial advisor platforms, institutional separate accounts, retirement plan CITs, ETF exchanges, and limited partnerships for qualified investors, with the firm emphasizing a "Client First" philosophy that includes willingness to close successful strategies to protect existing clients.

Name

Wasatch Global Investors

Legal name

Wasatch Global Investors

Website

https://wasatchglobal.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

101–250 employees

Short description

Wasatch Global Investors is a 100% employee-owned, Salt Lake City-based active asset manager founded in 1975 that runs ~$22.3B AUM across 21 small-cap and SMID-cap equity strategies delivered via mutual funds, separate accounts, CITs, an ETF, and limited partnerships to institutional, advisor, and individual investors.

Ownership category

akta.pro rank

Product category

Active Small-Cap Equity Asset Management

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Global Equity (Active) (FSAAAIAD)

akta.pro secondary industry

International/Ex-U.S. Developed Equity (Active) (FSAAAIAE)

Keywords

• Small-cap equity management
• Active investment management
• Mutual fund management
• Separately managed accounts
• Emerging markets investing

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Management Fees: Charges investment management fees for managing mutual funds and separate accounts. Fees vary by strategy and share class (Investor and Institutional classes). Wasatch Global Value and International Value strategies rank in top quartile of peers on Sharpe Ratio and Information Ratio.
2. Separate Account Advisory Services: Provides investment advisory services to separate account clients, generating advisory fees based on assets under management.
3. ETF Management Fees: Management fees from actively managed ETF (WSMD) with 0.75% expense ratio as disclosed in fund documentation.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Wasatch Global Investors is a Salt Lake City-based, 100% employee-owned investment management firm that specializes in active small-cap and SMID-cap equity management. It offers 21 investment strategies spanning U.S., international developed, emerging, frontier, and global markets, delivered through mutual funds, separately managed accounts, collective investment trusts, limited partnerships, and an actively managed ETF (WSMD). The firm serves institutional investors, financial advisors, and individual investors with a collaborative 'Multiple Eyes' bottom-up fundamental research process.

Product overview

Wasatch Global Investors is a comprehensive small-cap equity manager offering a broad portfolio of investment products. The firm manages 21 investment strategies spanning mutual funds, separate accounts, collective investment trusts, and ETFs. The product lineup includes U.S. strategies (Core Growth, Small Cap Growth, Micro Cap, Micro Cap Value, Small Cap Value, Ultra Growth, U.S. Select, Long/Short Alpha, Hoisington U.S. Treasury), international developed market strategies (International Growth, International Opportunities, International Select, International Small Cap Value), emerging markets strategies (Emerging India, Emerging Markets Select, Emerging Markets Small Cap, Frontier Emerging Small Countries), global strategies (Global Opportunities, Global Select, Global Small Cap Value), and traditional value strategies (Global Value, International Value). In July 2026, the firm launched its first actively managed ETF—the Wasatch Small/Mid Cap ETF (WSMD)—bringing its SMID-cap expertise to the ETF wrapper. The firm operates as a unified platform across these product types, serving institutional investors, wealth managers, and individual investors through mutual funds, separately managed accounts, and retirement plan vehicles.

Differentiator

Problem solved

Functional benefit

Products and services

• Wasatch Small/Mid Cap ETF (WSMD) Actively managed exchange-traded fund providing diversified exposure to U.S. small- and mid-cap equities for individual and institutional investors via exchange trading.
• Wasatch Core Growth Fund U.S. mutual fund seeking long-term growth of capital through investments in small-cap growth companies, offered in Investor and Institutional share classes.
• Wasatch Small Cap Growth Fund U.S. mutual fund focused on small-cap growth companies, one of the firm's flagship strategies.
• Wasatch Micro Cap Fund Mutual fund investing in micro-cap companies typically with market capitalizations below $500 million.
• Wasatch Micro Cap Value Fund (WAMVX) Value-oriented mutual fund investing in micro-cap companies trading at attractive valuations relative to growth potential.
• Wasatch Small Cap Value Fund (WMCVX) Value-oriented mutual fund investing in small-cap companies classified as Undiscovered Gems, Fallen Angels, or Quality Value.
• Wasatch Ultra Growth Fund (WAMCX) High-growth mutual fund focused on small-cap companies with aggressive growth characteristics.
• Wasatch U.S. Select Fund (WAUSX) Focused mutual fund selecting high-quality small- to mid-cap U.S. companies with strong fundamentals.
• Wasatch Long/Short Alpha Fund (WALSX) Long/short equity strategy seeking to generate alpha through both long and short positions in small-cap companies, covered by Morningstar.
• Wasatch-Hoisington U.S. Treasury Fund (WHOSX) Fixed-income mutual fund sub-advised by Hoisington Investment Management Company, investing in U.S. Treasury securities.
• Wasatch Global Value Fund (FMIEX) Traditional value strategy investing in global equities worldwide, seeking companies trading below intrinsic value. Top-quartile peer rankings on Sharpe Ratio and Information Ratio.
• Wasatch International Value Fund (WAIVX) International value strategy investing in equities outside the U.S., seeking undervalued companies with strong fundamentals. Top-quartile peer rankings.
• Wasatch Emerging India Fund Mutual fund focused on investments in Indian equities, targeting growth opportunities in the emerging Indian market.
• Wasatch Emerging Markets Small Cap Fund (WAEMX) Fund investing in small-cap companies across emerging markets.
• Wasatch Frontier Emerging Small Countries Fund (WAFMX) Fund investing in frontier and emerging small countries with high growth potential.
• Wasatch Global Opportunities Fund Global small-cap strategy seeking companies with strong growth potential worldwide.
• Wasatch Global Select Fund Global strategy focusing on high-conviction small-cap opportunities worldwide.
• Wasatch Global Small Cap Value Fund (WACVX/WGCVX) Global small-cap value strategy investing in undervalued small-cap companies worldwide, launched October 2025.
• Wasatch International Small Cap Value Fund (WASVX/WGSVX) International small-cap value strategy investing in undervalued small-cap companies outside the U.S., launched October 2025.
• Wasatch International Growth Fund International growth strategy investing in non-U.S. small-cap growth companies.
• Wasatch International Opportunities Fund

Quantifiable outcome

• Global Value and International Value strategies outperformed benchmarks over 1-year, 3-year, 5-year, and inception-to-date periods with top-quartile peer rankings
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• RidgelinecoreTechnology or Integration · 4 August 2026Wasatch Global Investors went live on Ridgeline's AI-native investment management platform after more than three decades on legacy systems. The implementation replaced nine previously disconnected systems with a unified platform, enabling Wasatch to shift from managing on-premises infrastructure to focusing on strategic initiatives. Significant value came from rethinking processes rather than simply replacing technology.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Polen Capital: Polen Capital is an active, concentrated growth manager serving institutions, intermediaries, and private clients through mutual funds and separate accounts. Its quality-growth philosophy and global mandates overlap with Wasatch's fundamental growth capabilities, although its portfolios extend beyond small caps.
• Artisan Partners: Artisan Partners operates a broader multi-boutique platform of active specialist equity strategies spanning U.S., international, global, growth, and value mandates. It overlaps Wasatch across U.S. SMID, global growth, and value products but serves a wider range of categories.
• William Blair Investment Management: William Blair manages active global growth and small- and mid-cap equity strategies for institutions and financial intermediaries. It is comparable through its fundamental growth research, separate-account offering, and global equity distribution.
• Victory Capital: Victory Capital is a multi-boutique active manager with equity franchises spanning U.S. small and mid caps, global growth, value, and other strategies. It competes for the same intermediary, retirement-plan, and institutional allocations but offers a substantially broader product suite.

Direct peers

• Grandeur Peak Global Advisors: Grandeur Peak is a highly specialized active manager focused on small- and micro-cap companies outside the United States, including emerging and frontier markets. It directly overlaps Wasatch's international small-cap platform, and Wasatch recruited two of its former value portfolio managers.
• Segall Bryant & Hamill: Segall Bryant & Hamill provides actively managed U.S. small-, mid-, and all-cap equity strategies alongside fixed-income products. Its fundamental small- and mid-cap offerings serve substantially the same institutional and wealth-management channels as Wasatch.
• Needham Investment Management: Needham Investment Management manages public-equity growth portfolios with an emphasis on small- and mid-cap companies. It competes directly with Wasatch's small-cap growth, U.S. Select, and SMID-cap strategies.
• Royce Investment Partners: Royce specializes in active small-cap equity management across value and growth styles for mutual-fund and institutional investors. Its small-cap product focus, fundamental research orientation, and institutional distribution make it a close operating peer.
• Diamond Hill Investment Group: Diamond Hill is an active value manager offering mutual funds, separate accounts, and other pooled vehicles to institutions and financial advisors. It is comparable through its value equity mandate, fundamental selection process, and overlapping advisor and institutional distribution channels.
• Fred Alger Management: Alger is an active asset manager known for growth-equity strategies, including small- and mid-cap products offered through funds and managed accounts. It directly competes with Wasatch's quality-growth research proposition and institutional client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/wasatch-advisors
• Xx.com/wasatchglobal

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wasatch Global Investors