Why Capital Group has no time for 'big name stars'

Raising the group's profile in the UK

Mike Sheen speaks to Capital Group's Jody Jonsson and Chris Miles about the US fund giant's push into the UK retail market, the power of a brand and why the firm's portfolio managers will never 'have their name up in lights'.

"We need to raise the profile," admits Chris Miles, managing director of financial intermediaries UK at Capital Group, which has $1.9trn in assets under management and is now trying to make its name in the UK retail market. AllianceBernstein embarks on UK market push with first OEIC launch The US firm, which was established in the wake of the Great Depression and is running funds with strong, decades-long track records, has traditionally been a staple of the institutional world, but is somewhat of an unknown quantity in the UK retail market. However, for the firm to grow and attrac...