TORONTO--(Marketwire - Aug 29, 2012) - On August 31, 2012, certain portfolio managers at The Capital Group Companies, a global investment management firm based in Los Angeles, will move among investment units within the organization. These changes will affect two Capital International portfolios offered in Canada.
Galen Hoskin will join the Capital International - Global Equity portfolio. He joins portfolio managers Carl M. Kawaja and Dina N. Perry, who have been with the fund since its inception in 2002. Leaving the Capital International - Global Equity portfolio is Robert W. Lovelace, who will join Jeremy Burge as a portfolio manager in the Capital International - Growth and Income portfolio, replacing Alan Wilson, who is moving to another investment unit.
Globally, these changes will affect six of the Capital organization's more than 300 investment professionals, who are organized in four investment units. Each is designed to be large enough to cover the world but small enough to foster close working relationships, robust debate and an effective exchange of ideas. This structure is reviewed periodically by a group of senior investment professionals, and moves among the units are not uncommon.
About Capital International Asset Management (Canada), Inc.
Capital International is part of the privately held Capital Group Companies, Inc., which traces its roots to 1931. The organization is based in Los Angeles but operates in more than 20 offices worldwide. Highly respected for its tenured investment professionals and unparalleled global research efforts, Capital Group serves millions of individual investors, as well as thousands of leading corporations and institutions worldwide.