Our History | Capital Group

About Us

Our History

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. 

  • Capital Group History - 1930s

    1931

    Capital organization founded in Los Angeles by Jonathan Bell Lovelace

    1933

    Begins managing The Investment Company of America®, the first mutual fund of what will become the American Funds family

  • Capital Group History - 1950s

    1953

    Invests in Royal Dutch Petroleum — thus becoming one of the first U.S.-based firms to begin investing outside North America

    1958

    Begins managing assets using The Capital System℠

  • Capital Group History - 1960s

    1962

    Opens first overseas office in Geneva

    1965

    Develops international indices that become MSCI indices (MSCI indices are now maintained by MSCI, Inc.)

    1968

    First U.S. institutional accounts established

  • Capital Group History - 1970s

    1976

    First collective investment trusts introduced

    1978

    Begins managing non-U.S. assets for U.S. institutional clients

  • Capital Group History - 1980s

    1982

    Opens Tokyo office — our first in Asia

    1984

    American Funds Insurance Series®, one of the oldest insurance investment vehicles in the U.S., is introduced.

    1986

    Begins managing Emerging Markets Growth Fund℠ — the world´s first emerging markets equity fund

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    1992

    First global private equity funds created 

    1993

    Hired by our first client in Africa 

  • Capital Group History - 2000s

    2000

    Begins offering investment management services for individuals in Canada

    2002

    The American Funds´ R share class, designed for retirement plans, is created.

    2003

    Begins offering investment management services to individuals in Europe

    2007

    American Funds Target Date Retirement Series® introduced

    Begins offering investment management services to individuals in Japan

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Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses or the collective investment trust's Characteristics statement, which can be obtained from a financial professional, Capital or your relationship manager, and should be read carefully before investing. 

Securities offered through American Funds Distributors, Inc.

Content contained herein is not intended to serve as impartial investment or fiduciary advice. The content has been developed by Capital Group, which receives fees for managing, distributing and/or servicing its investments.