So Capital’s early leaders researched and documented the information themselves. They used their statistical backgrounds and analysed various information sources when evaluating companies.
By the 1960s, Capital had become a global investing trailblazer, investing in companies across the globe. Yet again, we found that statistical information and investment data for non-US markets was scarce.
So we created the Capital International indexes, now known as the Morgan Stanley Capital International (MSCI) indexes, to help evaluate companies and compare their results with global competitors. In other words, we put the CI in MSCI.
Today, we maintain our high standards as we evaluate the depth and breadth of a company. But we know that numbers are only part of the picture.
All data as of December 31, 2018. Source: Capital Group
One of our investment professionals has been covering US toy manufacturer Mattel for so long that he knows the business culture better than many of its former leaders. As Greg Wendt, a Capital Group portfolio manager, explains
Examples provided for illustrative purposes only. This information has been provided solely for informational purposes and is not an offer, or solicitation of an offer, or a recommendation to buy or sell any security or instrument listed herein.
For example, to understand companies in the steel industry in the US, investors must have insight into the steel industry in Europe, Japan and China.
At Capital Group, we have a global research team with extensive scale and scope, covering both equity and fixed-income investing. With our managers and analysts based in cities across the globe, including Los Angeles, New York, San Francisco, Geneva, London, Tokyo, Singapore, Mumbai, Beijing to Hong Kong, we can closely follow trade and other global issues like few others can.
When it comes to our research team, these are the six numbers to know
Data as at 31 December 2018. Source: Capital Group
For illustrative purposes only. American Funds are not registered for sale outside of the United States. This illustration uses U.S. mutual fund industry data as an example, as the level of manager ownership is not systematically disclosed for funds outside the U.S.
1 As of 31 December 2018
2 Source: “Portfolio managers shun investing in their own funds.” Aliya Ram, Financial Times. 18 September 2016.
|Capital Group New Perspective Fund (AU)
Investment results as at 31 December 2020 in A$ terms (after fees and expenses)
Lifetime: 20 November 2015 – 31 December 2020
|2015 1 month 10 days||-2.6||-3.2||0.5|
|2020 12 months||21.1||6.0||15.1|
Data as at 31 December 2020 unless otherwise stated.
1. Results prior to the launch of Capital Group New Perspective Fund (AU) (CGNPAU) on 20 November 2015 are derived from the American Funds New Perspective Fund in A$ from 31 March 1973. The strategy is advised by the same portfolio management team managing to the same investment objectives. The returns are after fees, based on the total management cost of 1.05% p.a. that was applicable to CGNPAU up until 30 April 2017 and 0.95% with effect from 1 May 2017. American Funds are not registered for sale outside of the United States. Source: Capital Group
2. MSCI ACWI ex Australia (with net dividends reinvested) from 20 November 2015; previously MSCI ACWI (with net dividends reinvested) from 30 September 2011 and MSCI World Index (with net dividends reinvested) prior to that. Source: MSCI
3. Net of management fees and expenses. Fund results are based on close of market returns (T+1). Source: Capital Group
4. The index shown is MSCI ACWI ex Australia (with net dividends reinvested). Source: MSCI
5. The excess return is calculated arithmetically.