Capital Ideas Podcast

Want to learn how some of the best women investors thrive in a competitive industry? In this episode, you’ll hear from five portfolio managers with a combined 155 years of investment industry experience. You’ll hear about habits that help them succeed, why culture matters and finding opportunities during market crises. #CapGroupGlobal   For full disclosures go to capitalgroup.com/global-disclosures   For our latest insights, practice management ideas and more, subscribe to Capital Ideas at getcapitalideas.com. If you’re based outside of the U.S., visit capitalgroup.com for Capital Group insights.   Watch our latest podcast, Conversations with Mike Gitlin, on YouTube: https://bit.ly/CG-Gitlin-playlist   This content is published by Capital Client Group, Inc.   U.K. investors can view a glossary of technical terms here: https://bit.ly/49rdcFq   To stay informed, follow us   LinkedIn: https://bit.ly/42uSYbm   YouTube: https://bit.ly/4dFTE1B   Follow Mike Gitlin: https://www.linkedin.com/in/mikegitlin/   About Capital Group   Capital Group was established in 1931 in Los Angeles, California, with the mission to improve people’s lives through successful investing. With our clients at the core of everything we do, we offer carefully researched products and services to help them achieve their financial goals.   Learn more: capitalgroup.com   Join us: capitalgroup.com/about-us/careers.html   Copyright ©2025 Capital Group

Todd Saligman, an equity analyst at Capital Group specializing in the cruise line industry, discusses the remarkable recovery of cruise passenger volumes post-pandemic. He highlights the shift in demographics, with younger travelers and families becoming more prevalent. Saligman compares Royal Caribbean and Carnival's strategies, revealing how each brand positions itself in the market. He also explores the economic impact of cruise lines on local communities, showcasing their partnerships and innovative approaches to enhance tourism.

Lara Pellini, a seasoned portfolio manager at Capital Group with over 23 years of experience, emphasizes the need for hands-on research in identifying disruptive business models. She shares insights on navigating sectors like food delivery and fashion, highlighting the critical role of sustainability and adaptability. The conversation also explores innovative opportunities in eyewear technology, the resilience of luxury brands in economic downturns, and the importance of community support in investment journeys.

Dane Mott, a Capital accounting analyst and Ohio native, shares his insights on the transformative effects of artificial intelligence in the American heartland. He discusses the rapid economic evolution in Columbus, driven by significant tech investments and semiconductor manufacturing. Dane also contrasts the financial dynamics of 'A team' and 'B team' companies in the corporate debt market, emphasizing the risks amidst AI advancements. His reflections on market opportunities and early career experiences add a personal touch to the conversation.

Will Robbins, an experienced equity portfolio manager at Capital Group, discusses pragmatic strategies for navigating high market peaks and potential downturns. He emphasizes a disciplined approach to investing and highlights the importance of downside protection. Robbins shares insights on quantitative opportunities in slowing industries and reflects on his early investment experiences, including the impact of banking crises. His views on artificial intelligence and long-term valuation provide valuable guidance for investors seeking stability amid market volatility.

Wesley Phoa is a portfolio manager for the American Funds Target Date Retirement Series® at Capital Group, bringing insights from the front lines of investment amidst global uncertainty. He discusses the dual nature of risk as both a challenge and an opportunity. The importance of scenario planning is emphasized, alongside personal anecdotes from his journey in finance, including how gaming culture intersects with investing. Wesley also explores the booming gaming industry’s impact, highlighting its growing relevance as an investment avenue.

Martin Jacobs, a seasoned portfolio manager at Capital Group with 23 years of experience, dives into exciting stories, including a legendary pickup basketball game with Michael Jordan. He discusses his concentrated investment approach, emphasizing the power of focusing on fewer stocks for better understanding and risk management. Martin also highlights the importance of leadership in investments and shares insights on long-term commitment and community engagement, especially through initiatives supporting low-income students.

Jody Jonsson, Vice Chair of Capital Group and expert in global regulatory affairs, joins to share insights on future market trends. They discuss the rise of artificial intelligence and its transformative effects on industries, especially healthcare. The conversation navigates through the current economic landscape, emphasizing stable GDP growth and opportunities in bond markets as rates adjust. Additionally, revival in IPO activity and the shift in private equity funding strategies are explored, highlighting a dynamic 2025 ahead.

Gerald Du Manoir, an accomplished equity portfolio manager at Capital Group with 33 years of experience, shares his global investment insights. He delves into how a nomadic lifestyle fuels curiosity, which in turn shapes smart investment decisions. Gerald discusses the impact of demographic trends and high interest rates on companies. He emphasizes the importance of adapting strategies to meet evolving consumer needs, while highlighting lessons learned from past economic shifts and the value of mentorship in navigating global markets.

Martin Romo, Chairman and Chief Investment Officer at Capital Group, and Pramod Atluri, a fixed income portfolio manager, share insights on the economic landscape for 2025. They discuss inflation trends and interest rates as key factors influencing investments. The impact of the incoming Trump administration on global markets is a focal point, along with the opportunities in U.S. versus international equities, particularly in technology and energy. Expect higher yields as they advocate for balanced investment strategies in a recovering economy.