Our roots date back to 1931, when Jonathan Bell Lovelace founded our organization as a research-based group focused on helping investors in the wake of the stock market crash of 1929. Today, Capital Group has thousands of associates worldwide serving the needs of individuals and institutions.
Invests in Royal Dutch Petroleum — thus becoming one of the first U.S.-based firms to begin investing outside North America
Begins managing assets using The Capital System℠
Opens first overseas office in Geneva
Develops international indices that become MSCI indices (MSCI indices are now maintained by MSCI, Inc.)
First U.S. institutional accounts established
Opens Tokyo office — our first in Asia
American Funds Insurance Series®, one of the oldest insurance investment vehicles in the U.S., is introduced.
Begins offering investment management services to individuals in Europe
American Funds Target Date Retirement Series® introduced
Begins offering investment management services to individuals in Japan