Welcome!

Capital Ideas is built for readers who want to put today’s investment news into long-term perspective. Our stories represent the intellectual capital of Capital Group, home of American Funds, one of the world’s largest asset managers.

Throughout this site, you’ll find:

- Valuable perspectives, not short-lived predictions
- Opinions based on extensive global research
- Thoughtful commentary on pressing investment topics

Our goal is to deliver insights to help our readers succeed.

Meet the Editorial Team

Our editorial team includes former business journalists and investment professionals. We work together to bring you both the crucial information you need and the compelling stories we think you’ll love. Contact us at capitalideas@capgroup.com.
Will McKenna
Will McKenna
Editor-In-Chief

Will has 20 years’ experience in the investment business, the last 15 with Capital Group. Before that, he was at Mercer Management Consulting in New York. Will holds a BA from Princeton.

Fred Macri
Fred Macri
Director of Strategy

Fred has led digital media initiatives in various sectors, and is a former officer in the U.S. Navy. Fred has been at Capital since 2014 and is a graduate of Duke University.

Whitney Kisling
Whitney Kisling
Managing Editor

Whitney covered financial news for Bloomberg from 2008–2014 and joined Capital in 2015. She has an MBA from New York University and BA in journalism from the University of North Carolina-Chapel Hill.

Doug Mehagian
Doug Mehagian
Creative Director

Doug has 15 years’ experience in the investment business, all with Capital Group. Previously he held positions at Forbes and Crédit Agricole. He has a BA from Loyola Marymount University.

Apu Sikri
Apu Sikri
Creative Director

Apu has been with Capital Group for 14 years. She was previously with BlackRock and also worked as a journalist for Reuters and Dow Jones. She has an MBA from New York University and a BBA from CUNY.

Mike Gitlin
Mike Gitlin
Head of Fixed Income

Mike has 22 years of investment industry experience and joined Capital Group in 2015. Before joining Capital, Mike was the head of fixed income and global head of trading for T. Rowe Price.

Jessica Spaly
Jessica Spaly
Equity Investment Analyst

Jessica covers U.S. retailers. She has 18 years of experience, 13 with Capital Group. Previously, Jessica worked as an analyst at KKR and Morgan Stanley. She holds an MBA from Harvard Business School.

Matt Miller
Matt Miller
Policy & Communications Advisor

Matt joined Capital in 2014. He was a senior advisor at McKinsey; a Washington Post columnist and author; host of public radio's “Left, Right & Center” program; and a Clinton White House aide.

Carl Kawaja
Carl Kawaja
Equity Portfolio Manager

Carl has 29 years of investment experience, 25 with Capital. He was previously an analyst with Gabelli & Co. He holds an MBA from Columbia Business School and a history degree from Brown University.

Darrell Spence
Darrell Spence
Economist

Darrell covers the U.S. economy and markets. He has 23 years of investment industry experience, all with Capital Group. He holds a bachelor’s degree in economics from Occidental College.

Hilda Applbaum
Hilda Applbaum
Equity Portfolio Manager

Hilda has 29 years of investment experience, 21 with Capital Group. She holds a master’s degree in economics from New York University and a bachelor’s degree from Barnard College, Columbia University.

Andrew Dougherty
Andrew Dougherty
Research Director

Andrew covers China’s economy. He has 12 years of investment industry experience, all with Capital Group. He holds degrees from the University of Cambridge and George Washington University.

Covering the World

Hailing from more than 50 countries and operating out of offices worldwide, Capital’s 375+ investment professionals represent a diverse and dynamic mix of portfolio managers, investment analysts and economists in everything from taxes to government affairs to accounting. Their mission? Pursuing insights that translate into better investment outcomes. Meet some.

Covering the World

Hailing from more than 50 countries and operating out of offices worldwide, Capital’s 375+ investment professionals represent a diverse and dynamic mix of portfolio managers, investment analysts and economists in everything from taxes to government affairs to accounting. Their mission? Pursuing insights that translate into better investment outcomes. Meet some.

Office: Los Angeles

John Smet

John Smet

Fixed Income Portfolio Manager
Experience: years
Office: Los Angeles

John has 34 years of investment experience, most with Capital Group. He has covered mortgage-backed securities and railroads. John holds degrees from the University of Wisconsin-Madison and is a CFA.

Mike Kerr

Mike Kerr

Equity Portfolio Manager
Experience: years
Office: Los Angeles

Mike has 32 years of investment experience and has been with Capital Group for 30 years. As an equity investment analyst at Capital earlier in his career, he covered global oil and gas companies.

Ritchie Tuazon

Ritchie Tuazon

Fixed Income Portfolio Manager
Experience: years
Office: Los Angeles

Ritchie has 15 years of investment experience and has been with Capital Group for five years. Earlier at Capital, as a fixed income investment analyst, he covered Treasuries and TIPS.

Greg Johnson

Greg Johnson

Equity Portfolio Manager
Experience: years
Office: Los Angeles

Greg has 23 years of investment experience, all with Capital Group. He holds an MBA from Columbia Business School and a bachelor’s degree from UCLA.

Darrell Spence

Darrell Spence

Economist
Experience: years
Office: Los Angeles

Darrell covers the U.S. economy and markets. He has 23 years of investment industry experience, all with Capital Group. He holds a bachelor’s degree in economics from Occidental College.

Martin Jacobs

Martin Jacobs

Equity Investment Analyst
Experience: years
Office: Los Angeles

Martin covers U.S. industrials, machinery and electrical equipment companies. He has 27 years of investment experience and has been with Capital Group for 15 years.

Matt Miller

Matt Miller

Policy & Communications Advisor
Experience: years
Office: Los Angeles

Matt joined Capital in 2014. He was a senior advisor at McKinsey; a Washington Post columnist and author; host of public radio's “Left, Right & Center” program; and a Clinton White House aide.

Jody Jonsson

Jody Jonsson

Equity Portfolio Manager
Experience: years
Office: Los Angeles

Jody has 27 years of investment experience, most with Capital Group. She has covered industries such as insurance and household products. She holds an MBA from Stanford Graduate School of Business.

Mark Casey

Mark Casey

Equity Portfolio Manager
Experience: years
Office: San Francisco

Mark has 17 years of investment experience, all with Capital. Based in San Francisco, he covers U.S. internet and document imaging companies. He holds an MBA from Harvard Business School.

Jessica Spaly

Jessica Spaly

Equity Investment Analyst
Experience: years
Office: San Francisco

Jessica covers U.S. retailers. She has 18 years of experience, 13 with Capital Group. Previously, Jessica worked as an analyst at KKR and Morgan Stanley. She holds an MBA from Harvard Business School.

Hilda Applbaum

Hilda Applbaum

Equity Portfolio Manager
Experience: years
Office: San Francisco

Hilda has 29 years of investment experience, 21 with Capital Group. She holds a master’s degree in economics from New York University and a bachelor’s degree from Barnard College, Columbia University.

Carl Kawaja

Carl Kawaja

Equity Portfolio Manager
Experience: years
Office: San Francisco

Carl has 29 years of investment experience, 25 with Capital. He was previously an analyst with Gabelli & Co. He holds an MBA from Columbia Business School and a history degree from Brown University.

Gadi Slade

Gadi Slade

Equity Investment Analyst
Experience: years
Office: New York

Gadi is responsible for European, African and Latin American telecom and real estate companies. He has 15 years of investment experience. Gadi has an MBA from Harvard Business School.

Karen Choi

Karen Choi

Fixed Income Investment Analyst
Experience: years
Office: New York

Karen is responsible for utilities, regional banks and financial companies. She has 18 years of investment experience. She holds a bachelor's degree from Wellesley College and is a CFA.

Mark Brett

Mark Brett

Fixed Income Portfolio Manager
Experience: years
Office: London

Mark has 37 years of investment experience and has been with Capital Group for 22 years. Prior to joining Capital, Mark was an economist and strategist with Barclays in London, where he is based.

Nick Grace

Nick Grace

Equity Portfolio Manager
Experience: years
Office: London

Nick has 26 years of investment experience, including 22 at Capital. He was manager of metals research at J.P. Morgan Investment Management and has an MBA from the University of Wisconsin-Madison.

Talha Khan

Talha Khan

Political Economist
Experience: years
Office: London

Talha is responsible for the euro zone and broader political issues. He has seven years' investment experience and a master's in international political economy from the London School of Economics.

Lara Pellini

Lara Pellini

Equity Investment Analyst
Experience: years
Office: London

Lara covers Europe, Eurasian and Latin American retail and luxury goods. She has 14 years' experience and a master's in economics and labor & industrial relations from the London School of Economics.

Georgios Damtsas

Georgios Damtsas

Equity Investment Analyst
Experience: years
Office: Geneva

Georgios' investment responsibility ranges from tobacco & media companies to food, household & personal care. He has a master's degree from Cambridge University and a bachelor's degree from the LSE.

Rudolf Staehelin

Rudolf Staehelin

Equity Portfolio Manager
Experience: years
Office: Geneva

Rudolf is Vice Chairman of Capital International Sàrl. He has 36 years of experience. He covered European banking, pharmaceuticals & chemicals and has an MBA from Stanford Graduate School of Business.

Anirudha Dutta

Anirudha Dutta

India Macro Analyst
Experience: years
Office: Mumbai

Anirudha covers broad sector and macro research in India. He has 25 years of experience, a postgraduate diploma from the Xavier School of Management and an engineering degree from IIT, Kharagpur.

Rahul Sadiwala

Rahul Sadiwala

Equity Investment Analyst
Experience: years
Office: Singapore

Rahul's responsibility ranges from Asia-Pacific telecom to pharmaceuticals. He has nine years of investment experience and holds an MBA from the Wharton School of the University of Pennsylvania.

David Cummins

David Cummins

Equity Investment Analyst
Experience: years
Office: Singapore

David covers Asian internet companies, as well as Australia as a generalist. He has five years of investment experience, two with Capital Group. He holds an MBA from the University of Pennsylvania.

Ken Kojima

Ken Kojima

Equity Investment Analyst
Experience: years
Office: Singapore

Ken covers Asian energy and utilities companies. He has 18 years of investment experience. He has worked at Citibank Japan and holds an MBA from MIT Sloan School of Management.

Jonathan Knowles

Jonathan Knowles

Equity Portfolio Manager
Experience: years
Office: Singapore

Jonathan has 24 years of experience. He has covered pharmaceuticals and small-cap companies. Jonathan has an MBA from INSEAD, France, and a PhD in immunovirology from the University of Liverpool, U.K.

Andrew Dougherty

Andrew Dougherty

Research Director
Experience: years
Office: Beijing

Andrew covers China’s economy. He has 12 years of investment industry experience, all with Capital Group. He holds degrees from the University of Cambridge and George Washington University.

Qiuwei Lin

Qiuwei Lin

China Industry Specialist
Experience: years
Office: Beijing

Qiuwei has eight years of experience in investments &business development. She was a center director at International Enterprise Singapore and has a master's in finance from Princeton University.

Susan Dietz-Henderson

Susan Dietz-Henderson

China Affairs Director
Experience: years
Office: Beijing

Susan has 20 years of diplomatic experience and joined Capital eight years ago. She was the Australian Consul-General in Shanghai & has an Asian studies degree from the Australian National University.

Seung Kwak

Seung Kwak

Equity Portfolio Manager
Experience: years
Office: Tokyo

Seung has 31 years of investment experience, 13 with Capital. He previously served as Chief Investment Officer-Japan for Zurich Scudder Investments. He has a master's from Yale University.

Akira Horiguchi

Akira Horiguchi

Equity Portfolio Manager
Experience: years
Office: Tokyo

Akira covers Japan as a small- and mid-cap specialist. He has 22 years of investment industry experience, 15 with Capital. He holds a bachelor's degree in economics from Tokyo University.

Stephen Green

Stephen Green

Economist
Experience: years
Office: Hong Kong

Stephen covers Asia. He has 11 years of investment industry experience and has been with Capital Group for two years. Previously, he was head of research for Greater China at Standard Chartered Bank.

Winnie Kwan

Winnie Kwan

Equity Portfolio Manager
Experience: years
Office: Hong Kong

Winnie has 19 years of investment experience, 16 with Capital. She previously covered Asian small caps & utilities and has a master's in economics from Trinity College at the University of Cambridge.

Sugi Widjaja

Sugi Widjaja

Equity Investment Analyst
Experience: years
Office: Hong Kong

Sugi has research responsibility for Asian internet and small-cap companies. He has 10 years of investment experience and has been with Capital Group for five years.

Steve Watson

Steve Watson

Equity Portfolio Manager
Experience: years
Office: Hong Kong

Steve has 28 years of investment experience, 26 with Capital, including in Asian property and utilities companies. He holds an MBA in finance and a master's in French studies from New York University.

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