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Rating:INews Declares American Funds' Comeback Not Rated 5.0 Email Routing List Email & Route  Print Print
Thursday, December 26, 2013

INews Declares American Funds' Comeback

News summary by MFWire's editors

Call it a comeback. Seriously, that's what it is.

InvestmentNews' Jason Kephart writes that Capital Group's American Funds is bouncing back from five years of outflows, partly due to improved market performance, but largely because the firm continues to do right by advisors.

Kephart notes that Cogent Research's 2013 Adviser Brandscape survey ranks American as the top mutual fund brand among advisors. He also notes that an "astonishing 71% of advisers who use mutual funds use American Funds in some capacity." 

Edited by: Tommy Fernandez


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