Tune in for the latest podcast episode where Henry Wix-Pollard, Investment Research Associate at Square Mile Research sits down with Flavio Carpenzano, Investment Director at Capital Group, to discuss the Capital Group Global Corporate Bond Fund; rated an ‘A’ rating in our Academy of Funds.

Together they delve into the fund’s philosophy as a pure play global investment grade corporate bond strategy, highlighting its distinctive structure and team-based approach. The conversation explores the analyst-driven process, the unique role of the Portfolio Investment Officer (PIO), and the key headwinds that have challenged performance in recent years.

Don't have time to listen to the full episode, jump to your favourite part:

• 00:54 Could you introduce us to the Capital Group Global Corporate Bond Fund, tell us about the investment philosophy and the way that the team collaborates with one another?
• 06:04 Within this analyst driven strategy, what is the role of the PIO, do you consider them to be a lead fund manager? Could we hear of a situation involving a divergence in team view, what was the action taken from the PIO?
• 11:29 Could you describe the areas you believe have been the biggest headwinds for the fund over the last few years?
• 15:34. How do actions, such as the Bank of England rate cuts, impact the portfolio, and what are your expectations for other major central banks before the end of the year?
• 18:36 Could you share a specific period when active management was especially advantageous compared to passives for a Global Corporate Bond Strategy?
• 21:24 As an, Italian Flavio, I would love to know your favourite restaurant in London to get an authentic Italian dish; where would you send our listeners?

This podcast was recorded in August 2025. This podcast is issued by Square Mile Investment Consulting and Research Limited which is registered in England and Wales (08791142) and is a wholly owned subsidiary of Titan Wealth Holdings Limited (Registered Address: 101 Wigmore Street, London, W1U 1QU).

This podcast is for the use of professional advisers and other regulated firms only and should not be relied upon by any other persons. It is published by, and remains the copyright of, Square Mile Investment Consulting and Research Ltd (“SM”). SM makes no warranties or representations regarding the accuracy or completeness of the information contained herein. This information represents the views and forecasts of SM at the date of issue but may be subject to change without reference or notification to you. SM does not offer investment advice or make recommendations regarding investments and nothing in this podcast shall be deemed to constitute financial or investment advice in any way and shall not constitute a regulated activity for the purposes of the Financial Services and Markets Act 2000. This podcast shall not constitute or be deemed to constitute an invitation or inducement to any person to engage in investment activity. Should you undertake any investment activity based on information contained herein, you do so entirely at your own risk and SM shall have no liability whatsoever for any loss, damage, costs or expenses incurred or suffered by you as a result. SM does not accept any responsibility for errors, inaccuracies, omissions, or any inconsistencies herein. Past performance is not a guide to future returns.

👥 STAY IN TOUCH 👥

Follow us on LinkedIn.

Subscribe to our monthly newsletter.

Thank you for listening!