US asset manager Capital Group is targeting Asian investors for a new fund that buys into multinational corporations (MNCs) that have grown beyond their home markets. The UCITS (Undertakings for Collective Investment in Transferable Securities) strategy focuses on blue-chip companies that are positioned to develop into leading multinationals. According to Capital Group, the New Perspective Fund portfolio will focus on…
Have a confidential tip? Get in touch [email protected]