Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

21937

Capital Group opens New World emerging market strategy to non-US investors

RELATED TOPICS​

Capital Group is to make its emerging market (EM) focused strategy, New World, available to investors outside the US with the launch of Capital Group New World Fund (LUX) in October.

The strategy, which was launched in the US in 1999, has reached USD26 billion in size and is managed with a flexible, domicile-agnostic approach.
 
It looks beyond traditional geographic boundaries to capture the growth potential of developing economies, combining local EM businesses with global multinationals that are benefiting from EM growth.
 
New World will be the third fund launched under an initiative announced in 2015 to make some of Capital Group’s most successful investment strategies from the US available to European investors. The first fund was Capital Group New Perspective Fund (LUX), launched in October last year, which has already gathered over USD500 million of assets, followed by Capital Group Investment Company of America (LUX), introduced in June this year.
 
The New World strategy has achieved a return of 7.4 per cent per annum in USD over its lifetime, and its portfolio managers have a median of 24 years’ investment experience – two of the portfolio managers have managed the strategy since its launch in 1999.
 
“Capital Group began managing the world’s first emerging market equity fund in 1986, at the invitation of the World Bank, and has since continued to develop its investment insights in emerging markets. The New World strategy offers a global approach to emerging markets – allowing us to access growth potential via both locally domiciled businesses and global players,” says Richard Carlyle (pictured), investment director at Capital Group.
 
“Since its launch, the New World strategy has outpaced both emerging market and global equities, demonstrating that its combination of local and global companies can offer an attractive opportunity for investors looking for a more resilient way to capture the potential of developing economies.”
 
Hamish Forsyth, European president of Capital Group Companies Global, says: “This new fund launch represents a further stage in our strategic plan to make available the best of Capital Group’s strategies to European investors and to support the growth of our business activities across the region.”
 
Capital Group has been serving investors in Europe since 1962, when the company opened its first European office in Geneva. Capital Group employs more than 500 associates across Europe. It has offices in Amsterdam, Frankfurt, Geneva, London, Luxembourg, Madrid, Milan and Zurich.

Latest News

According to the latest ESG data from PwC Luxembourg finds that investment flows towards EU..
Solactive and private equity data provider CEPRES have established a new partnership for to introduce..
New research published today by the CFA Institute Research and Policy Centre analyses the many..

Related Articles

Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Pension funds
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition...
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by