Capital Group is founded in Los Angeles by Jonathan Bell Lovelace.
We assume management of The Investment Company of America®, the first of what would become the American Funds family of mutual funds.
An investment in Royal Dutch Petroleum makes Capital Group one of the first U.S.-based firms to invest outside North America.
We begin investing in Japan equity.
Our first office outside the U.S. 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.
We begin managing fixed income assets for institutional clients.
We begin serving high-net-worth investors through a group now known as Capital Group Private Client Services.
Our Tokyo office opens – our first in Asia Pacific.
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.
Our Singapore office opens.
We introduce our first private equity fund. In the years since, we’ve become prominent investors in emerging markets private equity.
We are hired by our first client in Africa.
Our Sydney office opens.