FYI: In an environment in which active managers face fee and performance pressures from passive options, Capital Group, the parent of American Funds, remains as relevant as ever. That's the conclusion drawn from Morningstar's ongoing stewardship evaluation of Capital Group, which included a recent visit with firm leadership. This Fund Spy, the first of two, highlights some of Capital Group's key strengths, while also noting ways the firm could serve investors even better, including taking a closer look at its own capacity limits. The second installment will investigate the issue of capacity.
Regards,
Ted
http://www.morningstar.com/articles/855082/capital-group-part-i-still-relevant-after-all-thes.html
