Capital Group

With rates well and truly crested and bonds once again showing their strength as a defensive ballast mechanism, Capital Group believes the time might be right for investors to swap out cash-like investment vehicles for investment grade credit.

In the AI-fueled rally, some companies will win and others will disappear. But while some parts of the market look hideously expensive, their long-term prospects might justify their valuations.

Duration is no longer a dirty word. Private debt is a house of cards. Welcome to the new era of fixed income.

A confluence of largely unrelated trends is prompting advisers to rethink their former reticence about emerging markets for all but their better-heeled clients. They are taking a whole-world approach. According to Jorden Brown, Capital Group’s Sydney-based managing director in charge of financial intermediaries, advisers have long accepted the investment fundamentals of emerging markets (EM), such…

Stylistic investing, or the concept of separating companies into arbitrary buckets due to their perceived growth, value or defensive characteristics, tends to dominate discussions these days. Fundamental research and the many rules of thumb applied by investors were founded in a very different world, where “cigar butt” companies (so named by Warren Buffett, who likened…