Investment management firm, Capital Group, will launch Amcap, a US equity growth strategy for European and Asian investors, later this month.
The strategy will be launched in Europe on June 16 as a Luxembourg-domiciled Ucits fund.
Amcap will be the fifth in the series of strategies for European and Asian investors launched as Luxembourg-domiciled Ucits funds, following the introduction of New Perspective in October 2015, Investment Company of America in June 2016, New World in October 2016 and US Corporate Bond in March 2017.
The new funds have gathered over $1.5 billion (€1.3 billion) of new assets.
Capital Group employs more than 500 associates in Europe.
©2017 funds europe
