Our History | Capital Group

About Us

Our History

Our roots date back to 1931, when Jonathan Bell Lovelace founded our organisation as a research-based group focused on helping investors in the wake of the stock market crash of 1929. Today, we have thousands of associates worldwide serving the needs of individuals and institutions. 

  • 1931

    Capital Group is founded in Los Angeles by Jonathan Bell Lovelace.

    1934

    We assume management of The Investment Company of America®, the first of what would become the American Funds family of mutual funds.

  • 1953

    An investment in Royal Dutch Petroleum makes Capital Group one of the first U.S.-based firms to invest outside North America.

    1956

    We begin investing in Japan equity.

    1958

    The Capital System℠, our approach to portfolio management, is established.

     

  • 1962

    Our first office outside the U.S. opens in Geneva.

    1965

    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.

  • 1973

    We begin managing fixed income assets for institutional clients.

    1974

    We begin serving high-net-worth investors through a group now known as Capital Group Private Client Services.

  • 1982

    Our Tokyo office opens – our first in Asia Pacific.

    1983

    Our Hong Kong office opens.

    1986

    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.

    1989

    Our Singapore office opens.

  • 1992

    We introduce our first private equity fund. In the years since, we’ve become prominent investors in emerging markets private equity. 

    1993

    We are hired by our first client in Africa. 

  • 2007

    We begin offering investment management services for individuals in Japan.

    2008

    Our Mumbai office opens.

    2009

    Our Beijing office opens.

  • 2011

    Our Sydney office opens.