Capital Group targets Asia investors with Luxembourg fund range

dividendsUS fund manager Capital Group has launched a fund investing in companies around the world that pay dividends and offer attractive growth prospects. The Luxembourg-domiciled Ucits fund, Capital Group World Growth and Income (LUX), targets investors in Asia and Europe. It is based on and managed by the same investment team for the Capital World Growth and Income (WGI) strategy in the US, which was launched in 1993. According to the firm – which has $1.9 trillion in assets under management – the fund addresses key challenges, such as slowing global growth and increased volatility. “As part of Capital Group’s plans to continue building its Luxembourg fund range and introduce time-tested strategies that have proven successful in the US to investors in Asia, we have launched Capital Group World Growth and Income (LUX),” said Andy Budden, investment director at Capital Group. “The WGI strategy has been designed for investors who want to participate in the dynamism of global equity markets, but who have struggled to find a balance between capturing growth opportunities while maintaining some downside protection. “In today’s market environment, the WGI strategy also addresses investors’ concerns of slowing global growth, increased volatility and flattening interest rates,” added Budden. The WGI strategy has seven portfolio managers who are all personally invested in the fund. A portion of the portfolio’s assets is managed by research analysts. Last month the firm announced the appointment of Alton Gwee as a senior investment product specialist for the Asia Pacific region. Gwee is based in Singapore in the newly created position and reports to Matthew Dresch, investment product services senior manager, London. ©2019 funds global asia

Industry comments

Investing in tomorrow’s world

investmentAt times like these, HSBC Asset Management easily pivots towards emerging markets.

The spotlight on growth markets and the need to be nimble and dynamic is ever-sharper, given the difficulty in predicting monetary policy in the world’s major nations.

Sponsored feature: Navigating the complexities of FX execution and currency risk

A comprehensive, cost-effective, and transparent currency overlay hedging solution is crucial to mitigate FX exposure risks in the complex landscapes of Japan and China's FX markets, explains Hans Jacob Feder, PhD, global head of FX services at MUFG Investor Services.


Transitioning to an era of scarcity

The world is transitioning from an era of commodity abundance to one of undersupply. Ben Ross and Tyler Rosenlicht of Cohen & Steers believe this shift may result in significant returns for commodities and resource producers over the next decade.

Asia credit: An outsized winner in the region’s energy transition?

Ross Dilkes, fixed income portfolio manager at Wellington Management, examines the opportunities and risks for bond investors presented by the region’s decarbonisation agenda.

A quiet revolution in Japan’s corporate governance

revolution, Japan, corporate governance, Shareholders, corporate, governance, standards, improvement, Tetsuro Takase, SuMi TrustShareholders in Japan no longer accept below-par corporate governance standards. Changes are taking place, but there are still areas for improvement, says Tetsuro Takase at SuMi Trust.

Why rising demand for healthcare is creating investment opportunities in China

rising demand, healthcare, investment, opportunities, China, Robert St Clair, Investment Strategy, Fullerton Fund ManagementRobert St Clair, head of investment strategy at Fullerton Fund Management, explores the reasons investors should be paying attention to the rising demand for healthcare in China.

Executive Interviews

Executive interview: PGIM CEO on where the ESG flowers should bloom

Sep 27, 2021

David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as...

Executive interview: Nicolas Moreau’s orderly transition

Jul 12, 2021

Nicolas Moreau, CEO of HSBC Asset Management, is moving to Asia as the firm looks to connect more directly with the region’s growth story. ESG is also a key focus – including the ‘just’ carbon...


India: An “obvious choice for global investors”

Jun 22, 2023

Funds Europe, the sister publication of Funds Global Asia, hosted an India investment discussion with two seasoned experts and asked if India is the ‘last one standing’ from the Brics phenomenon. We also hear that for India, the inclusion of Indian bonds in a major index may not be the desired...

Roundtable: Singapore comes of age as an Asian ESG hub

Dec 01, 2021

Strong ESG credentials strengthen the case for Singapore as a leader in Asia of the post-Covid recovery. Our panel discusses the risks and opportunities.