Capital Group Winner

Capital Group was announced as a winner in the Public Fixed Income category of CIO’s Industry Innovation Awards for Asset Management and Service Providers.

With more than $500 billion in fixed-income assets under management, the firm has more than 50 years of fixed-income investing experience, launching its first such portfolio in 1973.

The firm, named a winner at the December 2024 event, measures its investment professionals on long-term results, which allows for patience in the markets and gives them freedom to pursue their highest-conviction views. Decades ago, Capital Group pioneered its “Capital System,” a multi-manager model in which portfolios are a diverse collection of investment ideas, not just the perspective of one manager.

In 2022, the manager launched numerous exchange-traded funds, including six fixed-income ETFs. Since inception, these six funds have grown to nearly $40 billion.

The firm’s fixed-income teams regularly join equity managers in investment meetings with companies in order to gain the same insight. The firm believes that being a private company allows it to invest for the long term and put the needs of its clients first, without having to deal with the short-term pressures many of its publicly traded peers face.

Through June 2024, the firm reported $11.6 billion in inflows to its fixed-income platform. Inflows in 2022 and 2023 were $10.9 billion. In 2022, a year in which many fixed-income managers saw outflows, Capital Group was able to retain assets, seeing fewer net outflows, and then rebound in 2023. Over the past five years, Capital Group’s actively managed fixed income fund family, has seen more than $100 billion of net inflows, more than twice that of its nearest peer, according to Morningstar.

As of June 30, 2024, Capital Group managed $2.7 trillion in assets across all asset classes.

Finalists

• LGIM America
• NISA
• Vontobel