We trace our roots back to the Great Depression and the Dust Bowl. Our founder, Jonathan Bell Lovelace, was an investing pioneer whose emphasis on fundamental research continues to guide us. Through periods of prosperity and uncertainty, market bubbles and declines, we’ve always put investors first.
Here’s a brief look at our history and some of Capital Group’s pioneering endeavours:
Capital Group is founded in Los Angeles by Jonathan Bell Lovelace.
We assume management of The Investment Company of America, Capital Group's first fund and still in our investment line-up today.
Our New York office opens.
We determine to sell investment funds only through financial advisers - our belief in the value of advice continues to this day.
An investment in Royal Dutch Petroleum makes Capital Group one of the first U.S.-based firms to invest outside North America.
The Capital SystemSM, our approach to portfolio management, is established.
Our first European office opens, in Geneva.
Associates in our Geneva office create the Capital International indices (now known as the Morgan Stanley Capital International S.A. indices) — the first set of stock market indices for non-U.S. markets.
Capital Group launches a global equity strategy as its first Luxembourg-based fund.
Capital Group begins managing fixed income assets in dedicated bond portfolios.
We begin managing segregated accounts outside the US.
Our London office opens.
Our Tokyo office opens, followed by Hong Kong in 1983.
In response to the World Bank’s request for a vehicle for institutions to invest in developing nations, we launch an emerging markets growth fund — the first of its kind.
Capital Group acquires its one millionth investor.
Our Singapore office opens.
Capital Group launches its first website.
We begin offering investment management services for individuals in Canada.
We begin offering investment management services for individuals in Europe.
Our office in Mumbai, India, opens, followed by our office in Beijing, China. Both offices expand our emerging markets reach.
We open an office in Sydney.
We open an office in Luxembourg.
We open distribution offices in Milan and Zurich.
We open a distribution office in Madrid.
We open a distribution office in Frankfurt.
We launch ‘Capital Ideas’, a content platform that shares investment knowledge and insights across Europe and Asia.
We open a distribution office in Amsterdam.
Our Luxembourg fund range reaches its 50th anniversary. Our London office reaches its 40th anniversary and our Singapore office its 30th anniversary.
We publish our first annual Global Citizenship Report, outlining how we invest on behalf of our clients, communities, employees and environment.
We launch a firmwide ESG data platform ‘Ethos’, which allows the systematic integration of third-party and proprietary ESG information across the business.
Our research analysts and portfolio managers conduct more than 20,000 meetings with companies during the year as our investment group meets the challenges of investing through the global pandemic.
Capital Group celebrates 90 years of helping clients reach their financial goals.
We celebrate 35 years of investing in emerging markets, having launched a pioneering emerging markets fund in 1986.