Flagging fund giant turns to researchers at sister firm, Capital Guardian, to boost its equity performance
Clients are piling into bond funds at exactly the wrong time. If inflation kicks in, investors in longer term funds will be stuck with puny interest rates. They could sell, but likely at a big loss. No wonder some experts say it may be time to bar new investors from the funds.
The economy contains some upcoming pitfalls for investors, said James Rothenberg, chairman and principal of Capital Research and Management Company.
