333 S. Hope St., Los Angeles, Calif. 90071; phone: (213) 486-9200; fax:
(U.S. $ millions)
Total discretionary assets39,125 Non-U.S. pension assets1,309
U.S. discretionary tax-exempt assets managed:
*Active equity accounts12,335
*Active bond accounts66
*Active equity accounts2,000
*Active bond accounts125
Capital Guardian Trust Co. had $12.401 billion in international accounts and $7.097 billion in global accounts as of March 31.
The firm's asset mix for international accounts was 94.6% equity, 0.5% bonds, 4% cash, 0.9% other as of March 31; equity assets were committed most heavily to Japan, the United Kingdom, Sweden, Germany and Switzerland.
As of the same date, its global account asset mix was 62% equity, 26.7% bonds, 6.9% cash, 4.4% other; equity assets were committed most heavily to the United States, Japan, Sweden, Germany and the United Kingdom.
The firm's equity strategy is driven by fundamental research and bottom-up, value-oriented security selection. The fixed-income strategy is top-down and value-oriented.
Analysts or portfolio managers are stationed in Los Angeles, San Francisco, Atlanta, New York, Washington, London, Singapore, Hong Kong and Tokyo.
The firm is a subsidiary of The Capital Group Inc.
Richard C. Barker is chief investment officer; John H. Seiter is client contact.