“Since its launch, the New World strategy has outpaced both emerging market and global equities, demonstrating that its combination of local and global companies can offer an attractive opportunity for investors looking for a more resilient way to capture the potential of developing economies,” explained Capital Group investment director Richard Carlyle.
Offering the New World strategy to European investors was a logical next step, said Hamish Forsyth European president of Capital Group Companies Global, especially given the firm has been serving clients in the region since 1962.
“This new fund launch represents a further stage in our strategic plan to make available the best of Capital Group’s strategies to European investors and to support the growth of our business activities across the region.”