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 31 December 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.
The information in relation to the index is provided for context and illustration only. The fund is an actively managed UCITS. It is not managed in reference to a benchmark.
Past results are not a guarantee of future results.
Data as at 30 June 2020.
Capital Group New Perspective Fund (LUX) was launched on 30 October 2015. The investment results shown here are for the Capital Group New Perspective Composite (defined as a single group of discretionary portfolios that collectively represent a particular investment strategy or objective). This is intended to illustrate our experience and capability in managing this strategy over the long term. Our Luxembourg fund has been a member of this composite since the beginning of November 2015.
1. Results shown for the Capital Group New Perspective Composite, from inception at 31 March 1973, are asset-weighted and based on initial weights and monthly returns. Net of management fees and expenses for a representative Luxembourg fund share class (B), applying the maximum Total Expense Ratio (TER). Please visit capitalgroup.com for further details. Source: Capital Group
2. MSCI All Country World Index (ACWI) (with net dividends reinvested) from 30 September 2011; previously MSCI World (with net dividends reinvested). Source: MSCI
This information supplements or enhances required or recommended disclosure and presentation provisions of the GIPS® standards, which if not included herein, are available upon request. GIPS is a trademark owned by CFA Institute.