(Reuters) - Critics have charged that Capital and its mutual fund unit
American Funds, which runs the biggest U.S. mutual fund, the
$170 billion Growth Fund of America, are not doing enough to
check the furious pace of asset growth. Too much asset growth
too quickly can hurt performance.
"Over time, we've spent a lot of energy focused on the
challenges of size and complexity," James Rothenberg, who is
also principal executive officer of Capital, told Morningstar's
annual investment conference on Thursday.
Read more at Reuters.com Bonds News
American Funds, which runs the biggest U.S. mutual fund, the
$170 billion Growth Fund of America, are not doing enough to
check the furious pace of asset growth. Too much asset growth
too quickly can hurt performance.
"Over time, we've spent a lot of energy focused on the
challenges of size and complexity," James Rothenberg, who is
also principal executive officer of Capital, told Morningstar's
annual investment conference on Thursday.
Read more at Reuters.com Bonds News
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