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


    Capital organization founded in Los Angeles by Jonathan Bell Lovelace


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

  • Capital Group History - 1950s


    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℠

  • Capital Group History - 1960s


    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

  • Capital Group History - 1970s


    First collective investment trusts introduced


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

  • Capital Group History - 1980s


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

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    First global private equity funds created 


    Hired by our first client in Africa 

  • Capital Group History - 2000s


    Begins offering investment management services for individuals in Canada


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


    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

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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 mutual fund prospectuses and summary prospectuses, which can be obtained from a financial professional, and should be read carefully before investing. Similar information about collective investment trusts can be obtained from Capital Group or participants’ plan provider or employer. 

American Funds Distributors, Inc., member FINRA.

This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.