Capital Group reveals Luxembourg range ambitions

Flagship fund surpasses $4bn

Jayna Rana
clock • 1 min read

US fund giant Capital Group has announced plans to build its Luxembourg fund range by launching at least one new fund each year over the next three years.

This comes as the group, which manages over $1.6trn in assets under management, celebrates half a century in Europe having launched its €500m Global Equity fund (LUX) in 1969. Founded in 1931, Capital Group now has 40 strategies spanning equities, fixed income and multi-asset, all of which follow a multi-manager structure. After SICAV-format launches over the last five years, 23 are currently available to European and Asian investors. Capital Group to bring US equity growth strategy to Europe Hamish Forsyth, president of Europe and Asia, Capital Group, said: "Capital Group's 50th a...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Markets

Tiffany Wilding, (pictured) managing director and economist at PIMCO

PIMCO's Tiffany Wilding: Lessons from a year of unexpected economic resilience

'Risk of a downturn in 2024 remains high'

Tiffany Wilding
clock 06 December 2023 • 3 min read
Market Movers Blog: UK 10-year gilt yield drops below 4% for first time since May

Market Movers Blog: UK 10-year gilt yield drops below 4% for first time since May

Latest news and analysis

Investment Week
clock 06 December 2023 • 1 min read
Partner Insight: The dash for cash

Partner Insight: The dash for cash

Today’s investors face a challenging prospect of an oncoming recession and elevated market volatility, which may lead them to question their risk appetite and asset allocation. Against this backdrop, Fidelity’s fixed income team highlight the reasons why now is a good time to be allocating to cash in your investment portfolio.

Fidelity International
clock 06 December 2023 • 2 min read