Mutual funds investing in frontier markets face higher volatility but retained 7% YTD returns, buoyed by Asian consumer spending growth patterns. MorgStanley is based in New York, NY, and is the manager of MIOIX. The Morgan Stanley Inst Intl Opports I made its debut in March of 2010 and MIOIX has managed to accumulate roughly $596.59 million in assets, as of the most recently available information. The fund is currently managed by Kristian Heugh who has been in charge of the fund since March of 2010. Money market funds are typically divided into three categories: government, prime and municipal. Here’s what you should know about each type. Aggressive growth mutual funds investing have outperformed year-to-date, up 15%, driven by AI software demand. Market watchers recommend scaling into high-beta names selectively.