Asset manager Capital Group has announced the launch of its European Opportunities FUnd, expanding the firm’s equity fund range for European and Asian investors.

Structured as a Luxembourg-domiciled UCITS, the fund offers access to a strategy previously only available as a segregated account in Europe and Asia.

The strategy has a 28-year track record of accessing sustainable global growth from distinctive European companies. Having returned an excess 5.5 percent per annum over the past five years, the strategy has also proved resilient, with a track record of successfully navigating up and down markets and different style-driven market environments.

The fund sits alongside the firm’s existing European equity fund, Capital Group European Growth and Income Fund and adds a quality growth-orientated European strategy for Capital Group’s client base alongside existing US, emerging markets and global equities funds.

European Opportunities gives investors access to industry-leading companies that are not primarily reliant on the health of the domestic European economy, instead having a global client base which provides diversified revenue streams.

Martyn Hole, investment director, said in a statement: “Europe is home to leading companies whose profiles are difficult to find anywhere else in the world – luxury goods and online shopping are good examples. European Opportunities is a great example of the breadth and depth of our research capabilities, helping investors access European investment opportunities from a truly global investment perspective.”