Capital Group

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.

It’s not just FOMO. Truly innovative business models are helping push stocks higher, says Capital Group, and for some of them there’s a lot more growth to come.

Jerome Powell is bent on “driving the car into the ditch”. But if history is any indicator, widespread fears of low single digit returns for equities are overblown.

China’s ongoing regulatory crackdown has investors running scared. But China still wants to be a global player – and its most successful companies aren’t going anywhere. China’s recent regulatory efforts have sent a chill down the spine of even the most bullish investors, with questions swirling about where and when the aggressive crackdown – which…

T. Rowe Price has hired Craig Hurt, an experienced fund professional who most recently headed up AXA Investment Managers in Australia, as its new head of institutional business for Australia and New Zealand. His recruitment is part of an expansion of business capabilities for the firm, which includes the relocation of the firm’s APAC head…

Semiconductors are ‘the new oil’. The big problem is getting them. “What we’re seeing is an explosion in the amount of data gathering and measurement and functionality across whole swathes of industries,” says Matthew Reynolds, Capital Group investment director for Australia. “Chips are literally going into every device you can think of – not just…

While Asian financials will benefit from the world’s fastest growing middle-class, they also face massive headwinds from fintech disruptors and the looming threat of central bank digital currencies. Asian financials are still an important sector for investors and one that is poised to benefit from the region’s emerging middle-class and greater wealth accumulation in developed…

The China growth story is putting increasing pressure on index providers to maintain the integrity of their indices. Emerging markets indices, for instance, may be becoming irrelevant. According to Rob Lovelace, the president and vice-chairman of Capital Group and one of the world’s most influential investors, the index providers “don’t really want to be the…

Former BlackRock executive Holly Framsted is to become head of ETFs for Capital Group in the US, which plans to launch a slate of both equity and fixed income actively managed listed funds in 2022. Capital, which has about US$2 trillion (A$2.6 trillion) under management, will be adding the ETFs to about 40 mutual funds…