The late 1920s were troubled times; the economic depressions, stock market crash, bankrupt investors, etc. But one man had the vision and courage to rise above the immediate setbacks – Jonathan Bell Lovelace, the founder of Capital Research And Management Company (1931).
In the beginning, the company consisted of JBL himself, several former associates from Detroit and some consultants. It was from this humble beginning that the company has become one of the leading global investment and management complexes, headquarted at Los Angeles, California.
The company has been managing investments for more than 75 years. It has 20 offices all over the world with 8000 associates.
The Capital Group Of Companies consist of the following:
Capital International-Investor Center (Canada), Capital International Funds (Europe) Capital Guardian (US) Capital Research and Management Capital Bank and Trust American Funds (US), Retirement Planning Center.
The company encourages investors who have the patience to associate themselves with the company for a long term. This helps the company to know their investors and their intermediaries better. American Funds have a wide working area and they cater to individual investors and their financial advisers.
The service centers of this company are located in Brea, California; Hampton Roads, Virginia; Indianapolis; Irvine, California; Phoenix and San Antonio. Financial advisers have the option of contacting the company’s in house broker-dealer support and dealer relations representatives. The clients at the company’s Personal Investment Management unit work with individual investment counselors. The team of relationship managers cater to the investment needs of institutional clients. The company boasts of its solid research in investment decisions, its differentiating between fundamental value of a company and price in the market.
The Capital Group manages the investments of individuals and institutions through mutual funds, separately managed accounts and pooled investment funds. For individuals, following are the services provided by the company:
Mutual Funds (US) :
The company has 30 mutual funds managed by Capital Research and Management. The investment objectives of the funds are long term, value oriented, with multiple portfolio counselor system and low operating expenses.
Mutual Funds (Canada):
The Capital International Funds are given to individual investors in Canada by Capital International Asset Management. The services in Canada are also provided on a co-branded and sub advisory basis.
Investment funds (Europe):
It provides a broad range of investment opportunities to individual investors in Europe. There are nine funds in this sector. The Capital International Funds are distributed through banks and other financial institutions.
Personal Investment Management:
this provides investment management and trust services to wealthy individuals and families.
As for institutions, the company manages assets of corporations, governments, non profit organizations and retirement plans. The investment management services are provided to institutions through offices located around the world. Capital Guardian covers US and Canada. Capital International makes private equity investments. In non-US markets.
Los Angeles, CA – Downtown
333 S. Hope Street, 53rd Floor
Los Angeles, CA 90071
Los Angeles, CA – West
11100 Santa Monica Boulevard, 15th Floor
Los Angeles, CA 90025
Last Updated on : 22th July 2013