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Capital Group Brings Global Equities Strategy To Non-US Investors

Julia Reinholdsson

23 July 2015

 New Perspective Fund for many years and we are excited to bring this strategy to European clients. The launch of the New Perspective strategy will complement our drive to grow our European financial intermediary business and epitomises our focus on delivering superior, consistent long-term investment results,” Grant Leon, managing director, financial intermediaries, Europe, said in a statement.

The fund’s managers believe that looking at the source of a company’s revenue streams, together with its country of domicile, can provide for a greater understanding of investment opportunities and risks, the firm said.

Capital Group’s New Perspective strategy focuses on blue-chip companies that are well-positioned to take advantage of global secular trends with the potential to develop into leading multinationals, it said, as these companies have the added experience of working in multiple currencies, regulatory and political regimes and economies.

According to the firm’s investment professionals, companies that successfully grow beyond their home markets often possess diversified profit streams, innovative management teams and solid balance sheets, which would enable them to weather tough times and flourish in good environments.

Capital Group had $1.4 trillion assets under management as of 31 December 2014.