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℠
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
Opens Tokyo office — our first in Asia
American Funds Insurance Series®, one of the oldest insurance investment vehicles in the U.S., is introduced.