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Investment insights from Capital Group

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Fixed Income
Research, collaboration and consistency: Capital Group’s fixed income philosophy

Over the 50 years that Capital Group has managed fixed income portfolios, we have prioritised the same deep fundamental research and culture of collaboration that have been integral to the company’s investment approach since its founding in 1931. Following the global financial crisis, we evolved our approach with an explicit commitment to delivering consistent outcomes through fixed income mandates that are pure in approach and adhere to desired portfolio objectives. These three pillars - research, collaboration and delivering consistent outcomes - are at the heart of our effort to provide clients with a stable and differentiated pattern of investment returns over the long term.


This three-pillar philosophy serves as the touchstone for Capital Group’s fixed income portfolio managers and analysts. Whether traveling the world to meet debt issuers, sharing investment views with their equity colleagues or reviewing portfolio exposures with the risk management team, our professionals are keenly focused on these three principles as they pursue value across fixed income assets and markets.


The three pillars of our fixed income philosophy 

* Compensation paid to our investment professionals is heavily influenced by investment results over one-, three-, five- and eight-year periods. Increasing weight is placed on each successive measurement period to encourage a long-term investment approach.


Past results are not predictive of results in future periods. It is not possible to invest directly in an index, which is unmanaged. The value of investments and income from them can go down as well as up and you may lose some or all of your initial investment. This information is not intended to provide investment, tax or other advice, or to be a solicitation to buy or sell any securities.

Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. All information is as at the date indicated unless otherwise stated. Some information may have been obtained from third parties, and as such the reliability of that information is not guaranteed.

Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.