According to @business, Capital Group is favoring international equities over U.S. peers, citing opportunities created by corporate governance reforms in countries like Japan. According to @business, the firm’s stance highlights Japan as a key beneficiary within non-U.S. markets due to ongoing governance improvements. According to @business, this update pertains to equity allocation preferences and does not reference any direct cryptocurrency market impact.

According to @DavidCohne, despite significant growth from Capital Group and Pimco in California, Boston continues to dominate the active fund management sector, overseeing $2.3 trillion in stock and bond assets, with Fidelity Investments responsible for half of this total. This concentration of traditional asset management power in Boston directly impacts the cryptocurrency market by shaping institutional capital flows, risk appetite, and allocation strategies, as reported by Eric Balchunas on May 23, 2025.