Fund Management
What's New In Investments, Funds? β Capital Group, Bank Of China (Hong Kong)
The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
Capital Group
Capital Group,
the US-headquartered investment house, has launched Capital Group
American Balanced Fund (LUX) to investors in Hong Kong
through an exclusive distribution partnership with Bank of China
(Hong Kong).
The UCITS fund is part of Capital Group American Balanced strategy, one of the oldest and largest US multi-asset strategies in the world, with assets under management of around $225 billion, Capital Group said in a statement this week.
The actively managed fund is designed to deliver the balanced accomplishment of conservation of capital, current income and long-term growth of capital and income. It is run by 12 portfolio managers.
Capital Group, which has served investors in Asia for the last 40 years, has offices in the region including Sydney, Tokyo, Hong Kong, Singapore, Shanghai and Mumbai.
