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Our history

Today, the Capital organization has thousands of associates worldwide serving the needs of individuals and institutions. Our roots go back to 1931, when Jonathan Bell Lovelace founded Capital Research and Management Company as a research-based group focused on helping investors in the wake of the Wall Street Crash of 1929. Two years later Capital became the adviser to the Investment Company of America, which would become one of the world's largest and most successful mutual funds.



2000s
2009 Beijing office opens
2008 Mumbai office opens
2007 Capital International KK begins offering investment management services for individuals in Japan
2006 The Capital organization observes its 75th anniversary
2003 Capital begins offering investment management services for individuals in Europe
2002 Capital International Funds web site launched for distributors and individual investors based in Europe
2000 Capital begins offering investment management services for individuals in Canada


1990s
1998 Toronto office opens
1993 Capital International hired by its first client in Africa
1992 Capital International launches first private equity fund; Atlanta office opens


1980s
1989 Singapore office opens
1987 Chicago office opens
1986 Capital International launches the Emerging Markets Growth Fund – the first fund of its kind – when the International Finance Corporation, an affiliate of the World Bank, wants a way for institutions to invest in developing nations
1984 Capital International begins managing assets for Australian clients
1983 Hong Kong office opens
1982 Tokyo office opens – our first in Asia


1970s
1979 London office opens
1978 Capital Guardian begins managing non-U.S. assets for U.S. institutional clients
1975 San Francisco office opens
1974 Capital Group Private Client Services is launched; Capital International begins managing retirement plans based outside the U.S.; Washington, D.C. office opens
1970 Capital International S.A. begins managing global funds distributed outside the U.S.


1960s
1968 Capital Guardian Trust Company is founded to manage assets for U.S. institutional clients
1965 The Capital International market indices (now known as the MSCI indices) are created – the first indices for non-U.S. stock markets
1962 Geneva office opens, making the Capital organization one of the first
U.S.–based firms to have an office outside the U.S.


1950s
1958 The Capital organization initiates the multiple portfolio manager system
1953 Capital becomes one of the first U.S.–based firms to begin investing outside North America


1930s / 1940s
1943 New York office opens
1933 Investment Company of America, the first mutual fund of what will become the American Funds family, is acquired
1931 The Capital organization is founded in Los Angeles by Jonathan Bell Lovelace.







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