Founded in 1931 in Los Angeles by Jonathan Bell Lovelace, American Funds is a division of Capital Group, a privately held company that manages equity and fixed-income assets for individual and ...

Each uses bottom-up research to invest in stocks or bonds; the latter is often corporate debt, which plays to American Funds' research strength. The equity sleeves target before-fee yields at ...

An executive order targeting the Smithsonian Institution is prompting questions over the organization’s past and who runs and ...

The strategy remains well supported. Capital Group, the parent of American Funds, has split the strategy’s roughly USD 90 billion in assets between subsidiaries Capital Research Global Investors ...