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M*: Capital Group, Part II: Knowing Its Limits

FYI: A prior Fund Spy argued that American Funds parent Capital Group’s long-term investment results, fixed-income improvements, and industry leadership ensure its relevancy even as cheap passive options and regulatory changes pressure active managers to cut costs and improve performance.
Regards,
Ted
http://www-prd.morningstar.com/articles/855832/capital-group-part-ii-knowing-its-limits.html

Part 1: Still Relevant After All These Years:
http://www.morningstar.com/articles/855082/capital-group-part-i-still-relevant-after-all-thes.html
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