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American Funds The New Economy Fund® Class A (ANEFX)
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20/12 - Closed. Currency in USD
- Morningstar Rating:
- Total Assets: 17.38B
American Funds New Economy A
61.69
+0.44
+0.72%
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ANEFX Overview
On this page you'll find an in-depth profile of American Funds The New Economy Fund® Class A. Learn about the key management, total assets, investment strategy and contact information of ANEFX among other information.
Investment Strategy
The investment seeks long term growth of capital. The fund invests primarily in common stocks that the investment adviser believes have the potential for growth. It invests in securities of companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy. The fund may invest up to 50% of its assets outside the United States, including in developing countries.
Contact Information
Address
333 South Hope Street
Los Angeles,CA 90071-1406
United States
Los Angeles,CA 90071-1406
United States
Phone
(800) 421-4225
Top Executives
| Name | Title | Since | Until |
|---|---|---|---|
| Paul R. Benjamin | - | 2023 | Now |
| Biography | Paul Benjamin is an equity portfolio manager at Capital Group. He has 18 years of investment industry experience, all with Capital Group. Earlier in his career at Capital, he was an equity investment analyst, covering U.S. large-cap software companies. Prior to joining Capital, he managed the European operations for Interelate, a technology start-up funded by Goldman Sachs. He holds an MBA from Stanford Graduate School of Business and a bachelor's degree in finance and religion from Northwestern College graduating magna cum laude. Paul is based in Los Angeles. | ||
| Lara Pellini | - | 2021 | Now |
| Biography | Lara Pellini is an equity portfolio manager at Capital Group. She has 22 years of investment industry experience, all with Capital Group. Earlier in her career at Capital she was an equity investment analyst, covering European, Eurasian and Latin American retail and luxury goods. Lara began her career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. Prior to joining Capital, she was a research fellow for the International Labor Organisation in Geneva, and a research assistant to the economics chair of the IULM University in Milan. She holds a master's degree in economics of labor and industrial relations from the London School of Economics and a laurea in public relations and economics of information from the IULM University, Milan. Lara is based in London. | ||
| Tomoko Fortune | - | 2019 | Now |
| Biography | Tomoko Fortune is an equity portfolio manager at Capital Group. She has 28 years of investment industry experience and has been with Capital Group for five years. Prior to joining Capital, Tomoko worked as a managing partner at Criterion Capital Management. Before that, she was an associate at Goldman Sachs & Co. She holds an MBA from Stanford Graduate School of Business and a bachelor's degree in economics from Dartmouth College. Tomoko is based in San Francisco. | ||
| Mathews Cherian | - | 2018 | Now |
| Biography | Mathews Cherian is an equity portfolio manager at Capital Group. He has 27 years of investment industry experience and has been with Capital Group for 20 years. Earlier in his career at Capital, as an equity investment analyst, he covered U.S. and European semiconductor companies. Prior to joining Capital, Mathews was a senior equity analyst for Pangaea Capital in Boston. Before that, he was an equity analyst with David L. Babson and a strategy consultant with the Boston Consulting Group. He holds an MBA from Harvard Business School, and both a master’s degree in computer science and a bachelor’s degree in electrical science and engineering from Massachusetts Institute of Technology. Mathews is based in San Francisco. | ||
| Richmond Wolf | - | 2018 | Now |
| Biography | Richmond Wolf is an equity portfolio manager at Capital Group. As an equity investment analyst he covers U.S. medical technology companies. He has 27 years of investment industry experience and has been with Capital Group for 18 years. Prior to joining Capital, he was the assistant vice president for technology transfer at the California Institute of Technology and a cofounder of WebEventBroadcasting and Xen Golf. He holds a PhD from the California Institute of Technology, and a bachelor's degree from Princeton University graduating cum laude. Richmond is based in Los Angeles. | ||
| Reed Lowenstein | - | 2018 | Now |
| Biography | Reed Lowenstein is a portfolio manager at Capital Group. He has 25 years of investment industry experience, all with Capital Group. Earlier in his career at Capital, he was an equity investment analyst with research responsibility for U.S. and European materials, electrical equipment, consumer durables & apparel, as well as European semiconductors, machinery and renewable energy companies. He holds a master's degree from Stanford Graduate School of Business and a bachelor's degree in drama from Tufts University, graduating magna cum laude and Phi Beta Kappa. Reed is based in New York. | ||
| Caroline Jones | Equity Portfolio Manager | 2017 | Now |
| Biography | Caroline Jones is an equity portfolio manager at Capital Group. She has 25 years of investment industry experience and has been with Capital Group for 20 years. Earlier in her career at Capital, as an equity investment analyst, she covered U.S. homebuilding, U.S. health care services, regional banks and small- and mid-cap diversified banks. Before joining Capital, she was a financial analyst at Goldman Sachs & Co. She holds an MBA from the Wharton School of the University of Pennsylvania where she graduated as a Palmer scholar, and a bachelor's degree in commerce from the University of New South Wales in Australia. Caroline is based in San Francisco. | ||
| Harold H. La | Senior Vice President | 2006 | Now |
| Biography | Harold H. La is an equity portfolio manager at Capital Group. He has 26 years of investment industry experience and has been with Capital Group for 25 years. Earlier in his career, as an equity investment analyst at Capital, Harold covered Indian IT services, Asian semiconductors, Korean small-cap companies, Asian banks and diversified financials. Prior to joining Capital, Harold was an auditor at KPMG. He holds an MBA from Kellogg School of Management at Northwestern University and a bachelor's degree from the University of Western Ontario. He also holds the Chartered Financial Analyst® designation. Harold is based in Hong Kong. | ||
| Timothy D. Armour | Senior Vice President | 1991 | 2024 |
| Biography | Timothy D. Armour is chair and chief executive officer of Capital Group and serves on the Capital Group Management Committee. He is also an equity portfolio manager. Tim has 40 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered global telecommunications and U.S. service companies. Tim began his career at Capital as a participant in The Associates Program. He holds a bachelor’s degree in economics from Middlebury College. Tim is based in Los Angeles. | ||
| Claudia P. Huntington | Portfolio Manager | 1995 | 2020 |
| Biography | Claudia P. Huntington is an equity portfolio manager at Capital Group. She has 46 years of investment experience, all with Capital Group. Earlier in her career, as an equity investment analyst at Capital she covered technology companies and was a regional generalist covering companies in the southwest; she was also an economist. Prior to joining Capital, Claudia worked as an assistant economist for American Express Investment Management Company in San Francisco. She holds an MBA from Harvard Business School and a bachelors degree in economics from Stanford University. | ||
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