Our Tokyo office opens, followed by Hong Kong in 1983 and Singapore in 1989.
We open our first dedicated service center for American Funds shareholders in Southern California. Today, we operate service centers in San Antonio, TX; Norfolk/Virginia Beach, VA; Indianapolis, IN; and Irvine, CA.
We begin managing an emerging markets growth fund, a vehicle for institutions to invest in developing nations — the first of its kind.
American Funds acquires its 1 millionth shareholder.