Investments must at least be rated BBB- and equivalent
Team is not forced to sell at the point of downgrade when values are typically at their lowest
Damir Bettini
Fixed income portfolio manager
“We aim to generate the majority of our excess returns from the credit rather than the rates component of returns. Typically, we would expect to derive 90% of our excess return from sectir and security selection."
Damir Bettini, Principal Investment Officer of Capital Group Global Corporate.
Quarterly macro and market insights from Capital Group’s fixed income team.
Fixed Income
Balance yields and risks with our high-quality credit portfolios
Toby Chan
Head of Client Group
Hong Kong & Greater China
Angela Jin
Head of Financial Intermediaries
Hong Kong
Henry Chan
Managing Director
Financial Intermediaries
Hong Kong & Greater China
Eugene Wong
Associate Director
Financial Intermediaries
Greater China
Leo Lee
Business Development Associate
Financial Intermediaries
Hong Kong & Greater China
Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. The information provided is not intended to be comprehensive or to provide advice.
All data as at 31 December 2023 and attributed to Capital Group, unless otherwise stated. All values in USD.
* Based on the largest 10 actively managed open-end funds by size in the Morningstar "Global Corporate Bond - USD Hedged" universe registered for Global and/or European cross-border sale. Funds must have guidance in official fund documents stating maximum high yield and/or minimum investment grade exposures. This ranking excludes Capital Group Global Corporate Bond Fund (LUX). Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor’s, Moody’s and/or Fitch, as an indication of an issuer’s creditworthiness. If agency ratings differ, the security will be considered to have received the highest of those ratings, consistent with the fund’s investment policies.
Risk factors you should consider before investing: