The Long View

Jody Jonsson: The Case for a Global Portfolio

Jan 23, 2024

Jody Jonsson, 33-year veteran of Capital Group, vice chair at Capital Group and portfolio manager on American Funds New Perspective, discusses active and passive investing, the impact of AI on equity markets, innovation and growth potential in healthcare and industrial sectors, defensive investments, importance of dividends, and active ETFs and their capacity.

51:37

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Jody Jonsson

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Quick takeaways

The new leadership at Capital Group is focused on reviewing the company's long-term strategy and strategic plan for the future.

Capital Group aims to shape good regulation and policy for retail investors, highlighting the importance of thoughtful regulation.

Financial advisors play a crucial role in helping investors stay committed to their long-term investment goals and manage expectations during challenging market conditions.

Deep dives

Capital Group undergoes organizational transition

Capital Group is going through an evolutionary transition with new leadership taking over. The transition has been smooth, and the new team is focused on reviewing the company's long-term strategy and strategic plan for the future.

Introduction

2min

Capital Group's Approach to Active and Passive Investing

28min

The Impact of AI on Equity Markets

6min

Innovation and Growth Potential in Healthcare and Industrial Sectors

8min

Defensive Investments and the Importance of Dividends

2min

Active ETFs and Their Capacity

5min

Our guest this week on The Long View is Jody Jonsson. Jody is a 33-year veteran of Capital Group, a Los Angeles-based investment manager, where she is vice chair. Since 2005, Jody has been a portfolio manager on American Funds New Perspective, a global equity strategy, for which she has been honored with various Morningstar awards over the years. She serves on the management committee and the target-date solutions committee for Capital and was an equity analyst for many years after getting degrees from Princeton and Stanford.

Background

Bio

Capital Group

American Funds New Perspective

Investment Company Institute

Global Investing

“New Reality for Investors: 5 Big Trends Changing Markets,” by Jody Jonsson, capitalgroup.com, Nov. 2, 2022.

“Multinational Companies Can Thrive in Tough Times,” by Jody Jonsson, capitalgroup.com, March 2, 2023.

“Outlook: Long-Term Perspective on Markets and Economies,” Jody Jonsson, capitalgroup.com, 2023 edition.

“Emerging Markets: Positive Signs Even as China Slows,” by F. Chapman Taylor, Lisa Thompson, Brad Freer, and Kent Chan, capitalgroup.com, Oct. 18, 2023.

Markets, Artificial Intelligence, and ETFs

“The Changing Face of Trade: Idea-Driven Companies Come to the Fore,” Capital Ideas, Investment Insights from Capital Group, capitalgroup.com, Nov. 7, 2023.

“Magnificent Seven: What Do You Need to Believe?” by David Polak, capitalgroup.com, Jan. 9, 2024.

“AI: What It Means for Investors,” by Mark Casey, Richmond Wolf, and Drew Macklis, capitalgroup.com, April 13, 2023.

“AI and the New Megacycle for Tech,” by Julien Gaertner, Drew Macklis, and Mihir Mehta, capitalgroup.com, July 25, 2023.

“The World in 2030: Investing for the Next Decade,” by Martin Romo and Jody Jonsson, capitalgroup.com, Feb. 19, 2021.

“Meet the Suite: Exploring the Potential Benefits of Capital Group’s ETF Lineup,” capitalgroup.com, Oct. 2, 2023.

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The Long View

Jody Jonsson: The Case for a Global Portfolio

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Capital Group undergoes organizational transition

Capital Group advocates for good regulation in the industry

Financial advisors play a crucial role in keeping investors on track

Capital Group's perspective on active management

Capital Group's approach to global investing and diversification

Remember Everything You Learn from Podcasts