Capital Group to sell trusts in Japan

September 29th, 2007 by admin

Capital Group Companies Inc. of the United States, one of the world’s largest investment management organizations, will offer investment trusts to investors in Japan starting in October, sources said. Capital Group will offer a global stock investment trust and a global stock and bond investment trust for public subscription through over the counter sales by Nomura Securities Co. starting Oct. 15, the sources said Thursday.

Although financial products incorporating funds managed by Capital Group are already available in Japan, the two trusts will be the first to be sold under its own brand in Asia.

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