American Funds’ parent Capital Group announced that veteran manager Greg Wendt will step off American Funds Smallcap World on June 1, 2025, and retire from the firm at the end of the month.

American frowns on high turnover, though. The firm gives managers an incentive to have a long-term perspective, which allows them to buy stocks that may take several years to work out rather than ...

United American Insurance Company was founded in 1947 on four core values: stability, service, quality and commitment. Today, United American Insurance Company offers life insurance, cancer and ...