Capital Group was founded by Jonathan Bell Lovelace as the investment firm Lovelace, Dennis, & Renfrew in Los Angeles in 1931.
In 1934 the firm assumed management of The Investment Company of America, the first of what would become the American Funds family of mutual funds.
In 1940 the firm formed a distribution company to be the sole distributor of American Funds.
In 1958 The Capital System is established, the firm’s approach to portfolio management.
Capital Group Private Client Services is formed to serve high net-worth investors.
In 1986 Capital Group is the first to offer an emerging-markets growth fund.
Today Capital Group has 23 office locations worldwide, including London, Geneva, Sydney, Toronto, Tokyo, Hong Kong, Mumbai, and Singapore. Capital manages money for pensions, governments, and other entities worldwide.
Capital Group is #41 on the Forbes list of America’s Largest Private Companies, has 7,000 employees, and had $7.5 billion in revenue in 2011.
Capital GroupCapital Group was founded by Jonathan Bell Lovelace as the investment firm Lovelace, Dennis, & Renfrew in Los Angeles in 1931.
In 1934 the firm assumed management of The Investment Company of America, the first of what would become the American Funds family of mutual funds.
In 1940 the firm formed a distribution company to be the sole distributor of American Funds.
History
In 1958 The Capital System is established, the firm’s approach to portfolio management.
Capital Group Private Client Services is formed to serve high net-worth investors.
In 1986 Capital Group is the first to offer an emerging-markets growth fund.
Today Capital Group has 23 office locations worldwide, including London, Geneva, Sydney, Toronto, Tokyo, Hong Kong, Mumbai, and Singapore. Capital manages money for pensions, governments, and other entities worldwide.
Capital Group is #41 on the Forbes list of America’s Largest Private Companies, has 7,000 employees, and had $7.5 billion in revenue in 2011.
