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The death of 60/40 has been greatly exaggerated: Capital Group

Kwan Wei Kevin Tan
Kwan Wei Kevin Tan • 9 min read
The death of 60/40 has been greatly exaggerated: Capital Group
Capital Group’s president and CEO Mike Gitlin (left) and global head of communications Mark Walters (right). Photo: Kwan Wei Kevin Tan/The Edge Singapore
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Capital Group president and CEO Mike Gitlin may run the more than 90-year-old asset manager from its Los Angeles office, but the former trader traces the roots of his career back to Asia.

After graduating from Colgate University in 1992, Gitlin joined George Weiss and Associates, trading Japanese equities and bonds. He later moved to Credit Suisse Asset Management and was posted to Singapore from 1996 to 1997. At Citi, he worked in Hong Kong from 1999 to 2003, first as head of Apac sales trading, then head of Apac cash equities.

“I actually moved to Singapore 30 years ago this week,” says Gitlin, who joined Capital Group in 2015, during a fireside chat that was held as part of the asset manager’s Apac media day on April 22. “So, I worked in the UOB Plaza in 1996 and 1997.”

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