Capital Group launches multi-asset funds range

Capital Group has launched a range of multi-asset funds for European investors, as it expands its solutions business. The Capital Group EUR Portfolio Series is the firm's first pre-blended, easy-to-access multi-asset fund range, it said. The series includes four objective-based funds designed to meet investor goals ranging from growing wealth to preserving capital and receiving regular income. The funds will blend Capital Group's fixed income, equity and multi-asset capabilities, combining strategic asset allocation with a fundamental, bottom-up research approach. Investment direct...