Capital Group celebrates 50 years of fixed income investing

by | Jun 20, 2023

Fixed income assets under management have doubled over the past 10 years, making Capital Group one of the largest active bond managers worldwide

Capital Group, the asset manager with assets under management of approximately US$2.3 trillion, is celebrating 50 years of fixed income investing. Capital Group has globally more than doubled the size of its fixed income assets under management to approximately US$470 billion[1] in the past 10 years, with a wide range of global fixed income strategies and portfolio solutions that pursue consistent, long-term superior outcomes to meet client needs.

Capital Group first entered fixed income investing in the US in 1973 and now has over 230 fixed income associates based in Los Angeles, New York, London and Singapore. Over the past five years, the firm has captured 33% of all active US fixed income fund flows.

“Since 1973 and over the past 10 years in particular, we’ve invested heavily in our talent, our investment processes, our technology, risk management systems and our bond offerings to grow our global footprint and bring our investment results to new investors worldwide,” said Mike Gitlin, Global Head of Fixed Income at Capital Group. “As with our long-established equity franchise, within our fixed income operations, we have a continual focus on putting our clients’ interests first in all that we do.”

Guy Henriques, President of Europe and Asia Client Group, commented: “We’re committed to bringing our distinct, active, research-driven approach to a broader set of investors across the world. While uncertainty is likely to remain for the foreseeable future and this environment will be challenging for investors globally, fixed income has a key role to play in meeting investors’ long-term financial goals. With our strong fixed income capabilities, we are well-positioned to help our clients in Europe and Asia-Pacific by bringing them the best investment opportunities we can identify.”

“Over the 40 years I’ve been here, fixed income has become a bigger and more important part of our company,” said Tim Armour, CEO and Chairman of Capital Group. “I am proud of the strength of our fixed income team today and the trust our investors place in our long-term fixed income capabilities.” Gitlin added: “We exist for our clients, and we’ll keep evolving over the next 50 years to continue to help meet their needs. That’s our promise.”

About Capital Group

Capital Group is one of the oldest and largest asset management companies in the world, managing multi-asset, equity and fixed income investment strategies for different types of investors. Since 1931, Capital Group has been singularly focused on delivering superior, consistent results for long-term investors using high conviction portfolios, rigorous research and individual accountability. Today, Capital Group works with financial intermediaries and institutions to manage approximately US$2.3 trillion in long-term assets for investors around the world. The Capital Group companies manage equities through three investment divisions that make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organisation; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.

[1] AUM as at 31 March 2023

management have doubled over the past 10 years, making Capital Group one of the largest active bond managers worldwide

Capital Group, one of the world’s largest and most experienced active investment managers, with assets under management of approximately US$2.3 trillion, is celebrating 50 years of fixed income investing. Capital Group has globally more than doubled the size of its fixed income assets under management to approximately US$470 billion[1] in the past 10 years, with a wide range of global fixed income strategies and portfolio solutions that pursue consistent, long-term superior outcomes to meet client needs.

Capital Group first entered fixed income investing in the US in 1973 and now has over 230 fixed income associates based in Los Angeles, New York, London and Singapore. Over the past five years, the firm has captured 33% of all active US fixed income fund flows.

“Since 1973 and over the past 10 years in particular, we’ve invested heavily in our talent, our investment processes, our technology, risk management systems and our bond offerings to grow our global footprint and bring our investment results to new investors worldwide,” said Mike Gitlin, Global Head of Fixed Income at Capital Group. “As with our long-established equity franchise, within our fixed income operations, we have a continual focus on putting our clients’ interests first in all that we do.”

Guy Henriques, President of Europe and Asia Client Group, commented: “We’re committed to bringing our distinct, active, research-driven approach to a broader set of investors across the world. While uncertainty is likely to remain for the foreseeable future and this environment will be challenging for investors globally, fixed income has a key role to play in meeting investors’ long-term financial goals. With our strong fixed income capabilities, we are well-positioned to help our clients in Europe and Asia-Pacific by bringing them the best investment opportunities we can identify.”

“Over the 40 years I’ve been here, fixed income has become a bigger and more important part of our company,” said Tim Armour, CEO and Chairman of Capital Group. “I am proud of the strength of our fixed income team today and the trust our investors place in our long-term fixed income capabilities.” Gitlin added: “We exist for our clients, and we’ll keep evolving over the next 50 years to continue to help meet their needs. That’s our promise.”

To learn more about Capital Group’s fixed income investment services and offerings, visit Financial Intermediaries United Kingdom | Capital Group

About Capital Group

Capital Group is one of the oldest and largest asset management companies in the world, managing multi-asset, equity and fixed income investment strategies for different types of investors. Since 1931, Capital Group has been singularly focused on delivering superior, consistent results for long-term investors using high conviction portfolios, rigorous research and individual accountability. Today, Capital Group works with financial intermediaries and institutions to manage approximately US$2.3 trillion in long-term assets for investors around the world. The Capital Group companies manage equities through three investment divisions that make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organisation; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.

[1] AUM as at 31 March 2023


 

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