Chuck Freadhoff

Capital Expands Investment Options After Drop in Assets

Capital Group Cos., owner of American Funds, expanded its investment options and reorganized its equity teams in response to feedback from financial advisers.

American Funds’ Flagship Loses Top Rank as Investors Abandon Stock Pickers

Growth Fund of America has lost its status as the largest U.S. equity mutual fund, a position it held for six years, as investors are turning away from Los Angeles-based parent Capital Group Cos. and its tradition of picking stocks.

Capital Group’s Gordon Crawford to Retire at Year’s End

Gordon Crawford, the fund manager whose views helped shape media industry mergers and acquisitions, will retire at year’s end after more than four decades at Los Angeles-based Capital Group Cos.

Prudential's Top Shareholder Uses `Velvet Glove' to Seek Corporate Change

Prudential Plc ’s largest stakeholder, Capital Group Cos., rarely makes a concerted push to influence corporate management. When it does, the world’s biggest equity mutual-fund manager can be a force.

U.S. Bank Stress-Test, India Funds, EU Tax, Video Game Limits: Compliance

Most large U.S. banks that weathered the financial crisis by strengthening the level and quality of their capital should be able to pass future stress tests, said a researcher at the Federal Reserve Bank of San Francisco.

Investors Shake Up Funds With Record Bond Love Affair

Retail investors in the U.S., burned by two market crashes in a decade, have shunned stocks for the longest stretch in more than 23 years, upsetting the balance of power in the $10.5 trillion mutual-fund industry.

McGraw-Hill Breakup Valuation May Be as High as $70 a Share, Lazard Says

McGraw-Hill Cos. may accelerate its plan to spin off businesses, under pressure from hedge fund Jana Partners LLC, which bought a stake in the textbook publisher and owner of Standard & Poor’s.

Vanguard Topping Fidelity Highlights Power Shift to Independent Advisers

David O’Brien, a 46-year-old financial adviser in the Richmond, Virginia, suburb of Midlothian, has made Vanguard Group Inc. the world’s largest mutual-fund manager. Just not by himself.

Icahn Says Lions Gate Needs Changes Before MGM Deal

Billionaire Carl Icahn , an investor in two Hollywood studios, said Lions Gate Entertainment Corp . must be “cleaned up” before any merger with bankrupt Metro- Goldwyn-Mayer Inc .

Capital World Almost Doubles Stake in Jefferies After Stock Rout

Capital World Investors, a Los Angeles-based investment-management company, almost doubled its stake in Jefferies Group Inc. as the investment bank’s stock dropped 48 percent last year.

"Mr. Crawford told me his plans include playing more golf and spending time with his grandkids."

- Chuck Freadhoff on Apr 18, 2012

Jobless Claims in U.S. Unexpectedly Fall to Five-Year Low

Tesla’s Electric Model S Gets Consumer Reports Top Rating

Heart Patient Risk From iPad2 Found by 14-Year-Old

U.S. Stocks Fall as Investors Weigh Plosser Comments

Yen Weakens Past 100 Per Dollar for First Time in Four Years