The new funds, branded under the Capital Group name, are distinct from but rhyme with some of the legacy American Funds mutual funds. The firm also launched active-passive models with industry ...

Founded in 1931 in Los Angeles by Jonathan Bell Lovelace, American Funds is a division of Capital Group, a privately held company that manages equity and fixed-income assets for individual and ...

American Funds' parent Capital Group announced that manager Reed Lowenstein will step off American Funds Capital World Growth and Income on May 1, 2025, and depart from the firm at the end of that ...

American Century also manages fixed income and target date funds. In 2015, the firm launched a line of liquid alternative funds and categorized its existing Equity Market Neutral Fund under the ...