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Rating:Capital Group Gets the Star Treatment Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, October 26, 2009

Capital Group Gets the Star Treatment

News summary by MFWire's editors

Fundsters interested in the fate of Capital Group may want to take a look at a Saturday article in the LA Times. Tom Petruno profiles Cap Group's American Funds and highlights their recent outflow pain in light of the 2008-2009 market turmoil.

In particular, Petruno highlights the mutual fund titan's long-term stock-picking focus and its slow product-launching pace. (According to Petruno, American Funds has only 30 portfolios, not including its target date funds, including only two new launches in the past three years.) 

Edited by: Neil Anderson, Managing Editor


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