Capital Group has announced its intention to launch a UK OEIC range as part of its "clear commitment" to growing its services in the UK market and boosting relationships with financial advisers.
The new range will comprise active, long-only equity and fixed income fund strategies and is subject to approval by the Financial Conduct Authority Chris Miles, head of UK financial intermediaries at Capital Group, said: "Our intention to launch an OEIC range is the next step to meeting the needs of UK clients and signals a clear commitment to growing our services in the UK market and strengthening our relationships with financial intermediaries. Capital Group launches Asia equity fund targeting region's growth opportunities "It is about making the best of Capital Group's investme...
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