Capital Ideas Investing Podcast

Portfolio manager Jody Jonsson, head of fixed income Mike Gitlin and economist Darrell Spence share their thoughts on global equities, fixed income and economies as they look ahead to the remainder of 2019 and beyond. Want continuing education credit? Financial professionals (CFP* and CIMA) can take the quiz after listening. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. Mike Gitlin is head of fixed income at Capital Group and a partner at Capital Fixed Income Investors. He has 25 years of investment experience, four with Capital. Mike was previously the head of fixed income and global head of trading for T. Rowe Price. He earned a bachelor's from Colgate University. Jody Jonsson is a portfolio manager with 30 years of investment experience, 28 with Capital. She also serves on the Capital Group management committee and the Portfolio Oversight Committee. She

Given the uncertainty in today’s economic environment, investors should not be caught unaware of what’s in their bond portfolios. Enter Morningstar, whose recent split of the intermediate bond category should be welcome news for bond investors seeking greater transparency. Capital Group head of fixed income Mike Gitlin and portfolio manager Pramod Atluri explain. Mike Gitlin has 25 years of investment experience, four with Capital. Mike was previously the head of fixed income and global head of trading for T. Rowe Price. He earned a bachelor's from Colgate University. Pramod Atluri is a fixed income portfolio manager with 20 years of investment experience. Prior to joining Capital Group in 2016, Pramod was a fixed income portfolio manager at Fidelity Investments and a management consultant at McKinsey & Company. He holds an MBA from Harvard and a bachelor’s in biological chemistry from the University of Chicago. Your host Matt Miller is the policy and communications advisor for Capital Group. An author an

Helping investors enjoy a comparatively smooth ride when markets are at their choppiest is a top priority for portfolio manager Greg Johnson, principal investment officer of American Balanced Fund®. Johnson shares his approach to maintaining a favorable balance between equities and fixed income in the fund today and reveals which out-of-favor sectors hold the most exciting opportunities for him. Greg Johnson is an equity portfolio manager with 25 years of investment experience, all with Capital Group. Earlier in his career, he covered U.S. merchandising, retail, restaurant and footwear companies as an investment analyst. He holds an MBA from Columbia and a bachelor’s from UCLA. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editoria

Capital Group portfolio manager Gerald Du Manoir talks about the importance of including international equities in a well-diversified portfolio, despite years of lagging index returns relative to U.S. markets. It’s not about investing in geographic regions, he explains, but specific company-by-company opportunities. Du Manoir is an equity portfolio manager with 29 years of investment experience, 28 with Capital Group. Earlier in his career at Capital, he covered European construction and building materials and European consumer goods companies as an investment analyst. He holds a degree in international finance from the Institut Superieur de Gestion in Paris. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalid

The U.S. auto industry has seen its share of technological innovation through the decades, but perhaps none more dramatic than what lies just around the bend. Investment analyst Kaitlyn Murphy, a 14-year veteran of Capital Group, discusses the recent adoption of electric vehicles, the uneasy promise of autonomous cars and the challenge of investing in an industry mired in transition.   Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. Kaitlyn Murphy is an equity investment analyst with research responsibility for U.S. chemicals, U.S. automobile & components manufacturers and U.S. and Canadian railroads. She has 14 years of investment experience, all with Capital Group. She holds a bachelor’s in organizational studies from Brown. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our ed

Not only has the semiconductor played an essential role in the proliferation of technology over the past half century, but the companies that design and make microchips have had to adapt to the changing demands of a constantly evolving sector. Investment analyst Isaac Sudit offers insight into these companies as well as perspective on how semiconductors have changed our lives as consumers. Isaac Sudit is an equity investment analyst with 20 years of investment experience, 13 at Capital Group. He covers the semiconductor industry in the U.S. and Europe, as well as global semiconductor equipment companies. Isaac holds a PhD in physics from the University of Wisconsin, an MBA from Stanford and a bachelor’s in physics from Emory. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topi

University of Pennsylvania professor Adam Grant talks with Capital Group’s Matt Miller about the dynamics of success and productivity in the workplace. Might a six-hour work week help? Can procrastination actually be a good thing? Listen and find out. Organizational psychologist Adam Grant is the top-rated professor at the University of Pennsylvania’s Wharton School of Business. He's been recognized as one of the world's 10 most influential management thinkers in Fortune's 40 under 40 and is the bestselling author of three books: Give and Take, Originals and Option B with Sheryl Sandberg. Grant's two Ted Talks have been viewed over 16 million times. He also hosts the WorkLife podcast. Grant received his BA from Harvard and his PhD from the University of Michigan. He is a former magician and junior Olympic springboard diver. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right &

The next recession — when it will hit, what will trigger it — is top of mind for many investors now that the U.S. expansion is entering its 10th year. Capital Group economists Jared Franz and Darrell Spence and equity portfolio manager Joyce Gordon take an in-depth look at recessions and offer their perspectives on what investors can do to prepare for the next one. Get our Guide to recessions [free e-book]: U.S. | Europe | Asia-Pacific | Canada Economist Jared Franz covers the U.S. and Latin America. He has 13 years of investment experience, four with Capital Group. Prior to joining Capital, Jared was head of international macroeconomic research at Hartford Investment Management Company and an international and U.S. economist at T. Rowe Price. He holds a PhD in economics from the University of Illinois and a bachelor's degree from Northwestern University. Equity portfolio manager Joyce Gordon is an equity portfolio manager with 38 years of investment experience. She has been with Capital Group for 43 years

Employer-sponsored 401(k)s and other defined contribution plans have become the foundation of the U.S. retirement system, but there's a $5 trillion savings gap that still needs to be addressed. In this episode, Ralph Haberli, head of the retirement business at Capital Group, suggests how 401(k) plans could do better for their participants. Ralph Haberli is a sales director and heads the institutional retirement business at Capital Group. He has 18 years of industry experience, two at Capital. Ralph was formerly head of distribution for defined contribution at BlackRock. He holds an MBA from Northwestern University's Kellogg School of Management and a bachelor's from Yale. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team

Recorded in Hong Kong, this episode takes you behind the scenes for an in-depth look at China and the critical issues of growth, trade and geopolitics. Host Matt Miller dropped in on investment analyst Andrew Dougherty, economist Stephen Green and portfolio manager Steve Watson to get their perspectives on themes of vital importance to investors the world over. Andrew Dougherty covers Asia-Pacific real estate as an equity analyst. He has 14 years of investment industry experience, all with Capital Group. Earlier in his career at Capital he was a China economist and research director. He holds degrees from Cambridge and George Washington University. Stephen Green covers Asia as an economist. He has 14 years of investment industry experience, four with Capital. Previously, he was head of research for Greater China at Standard Chartered Bank in China and Hong Kong. Before that he ran the Asia program at Chatham House, the U.K. think tank. He holds a PhD in government from the London School of Economics and a fir

As the U.K. approaches a March 29 deadline to leave the European Union, Capital Group investment professionals discuss the market and economic implications of this seismic shift away from four decades of European integration. What does it mean for future economic growth, the political landscape and the long-term investment outlook for U.K. financial assets? Equity portfolio manager Caroline Randall has 21 years of investment experience, 13 with Capital Group. As an analyst, she covers European utilities. Previously, Caroline was head of European utilities research at J.P. Morgan and an analyst at Schroder Securities. She holds master’s and bachelor’s degrees in economics from Cambridge. Economist Robert Lind has 31 years of industry experience, two with Capital Group. He previously worked as group chief economist at Anglo American and head of macro research at ABN AMRO. Robert holds a bachelor's degree in philosophy, politics and economics from Oxford. Political economist Talha Khan has 10 years of investment

This episode features a revealing mix of perspectives from three Capital Group portfolio managers. Barry Crosthwaite examines the fundamentals of U.S. and Chinese markets to make sense of today's perplexing global economic cycle. Brad Freer looks beyond a recent rough spell for emerging markets equities to reveal long-term opportunities he’s finding there. And Pramod Atluri shares strategic moves that the fixed income group has made to stay ahead of U.S. monetary and fiscal policy. Equity portfolio manager Barry Crosthwaite has 22 years of investment experience, all with Capital Group. Previously, as an investment analyst, he covered U.S. electrical equipment and appliances, global energy equipment and oil field services and drilling companies. He holds an MBA from Stanford and a bachelor’s in chemistry from Occidental College. Equity portfolio manager Brad Freer has 26 years of investment experience, 25 with Capital Group. Earlier in his career at Capital, he was an equity investment analyst covering multipl

Capital Group portfolio manager Mark Brett discusses worldwide opportunities in the fixed income markets. As rising interest rates, global trade disputes and geopolitical conflicts keep investors on edge, Brett explains his approach to identifying untapped value and seeking to avoid excessive risks. Mark Brett is a portfolio manager specializing in global bonds. He has 39 years of investment experience and has been with Capital Group for 24 years. Prior to joining Capital, Mark was an economist and strategist with Barclays de Zoete Wedd (formerly de Zoete and Bevan). He is based in London. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com.

Late 2018 has been an unsettling time for investors. In this episode, three seasoned investment professionals deliver Capital Group's 2019 Outlook, offering their perspectives on the global economy as well as equity and fixed income markets. Want continuing education credit? Financial professionals (CFP* and CIMA) can take the quiz after listening.  Rob Lovelace is vice chairman of Capital Group and an equity portfolio manager. He has 32 years of investment experience, all with Capital. He holds a bachelor's degree in geology from Princeton and is a CFA charterholder. John Smet is a fixed income portfolio manager. He has 36 years of investment experience, 34 with Capital Group. He has covered mortgage-backed securities and railroads. John earned an MBA in finance from the University of Wisconsin and is a CFA charterholder. Economist Jared Franz covers the U.S. and Latin America. He joined Capital Group in 2015. He holds a PhD in economics from the University of Illinois and a bachelor’s degree from Northweste

As rising U.S. interest rates reverberate around the world, Capital Group portfolio manager Rob Neithart discusses his outlook for the global bond market, including high-grade government bonds, corporate credit and emerging markets debt. As a fixed income portfolio manager, Rob Neithart focuses on global multi-currency fixed income, emerging market debt and global high income portfolios. He has 30 years of investment experience, all with Capital Group. He is chairman of Capital Strategy Research, Inc. and serves on the Fixed Income Management Committee.  Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com.  

Capital Group economist Jared Franz discusses the rapid development of artificial intelligence and machine learning, including the relevant implications for investors. Can AI provide a meaningful boost to U.S. economic growth? Franz shares his view. Jared Franz is an economist at Capital Group, responsible for covering the U.S. and Latin America. He has 12 years of investment industry experience, three with Capital. Previously, Jared was head of international macroeconomic research at Hartford Investment Management Co. and an economist at T. Rowe Price. He holds a doctorate in economics from the University of Illinois at Chicago and a bachelor’s degree in mathematics from Northwestern University. He is based in Los Angeles. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics

While many investors wring their hands over a prolonged U.S. bull market — waiting for the other shoe to drop — portfolio manager Alan Berro bides his time. The fact that Berro doesn’t think the end of this expansion is imminent may be beside the point. Most of the high-flying, value-stretched growth stocks getting all the attention fall outside the purview of the growth-and-income and balanced funds he manages. A patient investor with a fondness for out-of-favor companies, Berro shares which sectors and industries hold his interest today and offers keen insight into the life of a professional investor. Alan Berro is an equity portfolio manager at Capital Group. He has 32 years of investment experience, 27 with Capital. He has covered U.S. utilities, capital goods and machinery companies. He has an MBA from Harvard Business School and a bachelor’s in economics from UCLA. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was c

Capital Group investment director David Polak discusses the challenges facing global investors amid increasingly bitter trade disputes and a widening return gap between U.S. and non-U.S. stocks. David Polak leads the investment specialist team representing Capital Group’s global equity services. He has 34 years of investment industry experience, 13 of them with Capital. Prior to joining Capital, David held a variety of marketing and management positions in the equity division at UBS. He has a bachelor’s degree in economics from University College London.  Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client Group, Inc.  Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com.

Emerging markets stocks have come under pressure amid slowing economic growth and a brewing trade war, but the full story is much more complex. As veteran portfolio manager Noriko Chen explains in this podcast, not all emerging markets are the same and the outlook for EM stocks is as varied as the countries themselves. Noriko Chen is an equity portfolio manager at Capital Group and a member of the Capital Group Management Committee. She has 27 years of investment experience, 19 of them with Capital. Earlier in her career, she covered Asian infrastructure, building materials and construction companies, as well as the oil and gas industry. Noriko holds a bachelor’s degree in economics from Williams College and a degree in the Japanese Language Bekka Program at Keio University, Tokyo. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by C

Small-capitalization stocks have been on a roll in 2018. Who better to offer his perspective on this development than portfolio manager/investment analyst Greg Wendt, who has spent his entire career researching and investing in small-cap companies? A 30-year veteran of Capital Group, Greg offers his thoughts on this underappreciated asset class and shares engaging stories of his encounters with well-known leaders from the business world as well as the political stage.   Greg Wendt has 30 years of investment experience, all with Capital Group. As an equity investment analyst, he covers U.S. casinos and gaming, leisure facilities, restaurants, merchandising and small-cap companies. He holds an MBA from Harvard and a bachelor’s in economics from the University of Chicago. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. This content is published by Capital Client