Capital Group Companies
American financial services company / From Wikipedia, the free encyclopedia
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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.
Company type | Private |
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Industry | Financial services |
Founded | 1931; 93 years ago (1931) |
Founder | Jonathan Bell Lovelace |
Headquarters | , |
Area served | Worldwide |
Key people | Mike Gitlin (CEO) |
Products | Sub-advisory services to mutual funds and other pooled investment vehicles |
Revenue | $7.6 billion (2020) [1] |
AUM | $2.2 trillion (August 2021)[2] |
Owner | Partners |
Number of employees | 7,500 (2020) [3] |
Subsidiaries | American Funds, Capital Research and Management Company, Capital Bank and Trust Company, FSB |
Website | capitalgroup |
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]