Capital Group will sell some financial publications.
The Los Angeles-based investment management firm said Morgan Stanley has agreed to acquire Capital International Perspective and Capital International Indices for undisclosed terms. The publications are used by brokers and asset managers to assess the financial performance of more than 1,600 companies worldwide. Capital Group, which manages assets of more than $20 billion, started the publications in 1969 as a way of providing standardized financial information for investors. Capital Group will continue to provide the information for the publications, which are based in Geneva. The purchase agreement is effective Jan. 1.