Capital Group Companies

Capital Group Companies, Inc.
Company typePrivate
IndustryFinancial services
Founded1931; 93 years ago (1931)
FounderJonathan Bell Lovelace
Headquarters,
Area served
Worldwide
Key people
Mike Gitlin (CEO)
ProductsSub-advisory services to mutual funds and other pooled investment vehicles
RevenueIncrease $7.6 billion (2020) [1]
AUMIncrease $2.2 trillion (August 2021)[2]
OwnerPartners
Number of employees
7,500 (2020) [3]
SubsidiariesAmerican Funds, Capital Research and Management Company, Capital Bank and Trust Company, FSB
Websitecapitalgroup.com

Capital Group is an American financial services company. It ranks among the world's oldest and largest investment management organizations, with over $2.6 trillion in assets under management. Founded in Los Angeles, California in 1931, it is privately held and has offices around the globe in the Americas, Asia, Australia and Europe.

Capital offers a range of products focused on active management, including more than 40 mutual funds through its subsidiary, American Funds Distributors, as well as separately managed accounts (or collective investment trusts), private equity, investment services for high net worth investors in the U.S., and a range of other offerings for institutional clients and individual investors globally.[4][5][6]

  1. ^ "Capital Group Companies". Forbes. Archived from the original on December 25, 2022. Retrieved April 7, 2021.
  2. ^ "Capital Group Names Rob Hardy Corporate Governance Director | Capital Group". Archived from the original on April 19, 2021. Retrieved March 9, 2021.
  3. ^ "Working At Capital Group Companies: Employee Reviews and Culture". May 18, 2020. Archived from the original on August 20, 2024. Retrieved April 7, 2021.
  4. ^ Thune, Kent. "American Funds Review — Everything You Need to Know Before Investing". The Balance. Archived from the original on July 3, 2022. Retrieved June 16, 2021.
  5. ^ "Bloomberg - American Funds". www.bloomberg.com. Archived from the original on November 21, 2023. Retrieved June 16, 2021.
  6. ^ "American Funds Distributors - DNB". Archived from the original on June 24, 2021.