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October 29, 2024
Capital Group and KKR Advance Public-Private Investment Solutions for Individual Investors
Leading global investment firms Capital Group and KKR today filed registration statements with the SEC for two public-private fixed income funds, Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+, both of which are expected to launch in the U.S. in the first half of 2025, pending regulatory approval. Today’s filings follow the initial announcement of the firms’ exclusive strategic partnership to create a new category of hybrid public-private investment solutions that will provide new ways for investors to incorporate private markets into their portfolios.
September 9, 2024
Capital Group Launches Target Date Retirement Blend Series
Capital Group, one of the world’s largest active investment managers with over 90 years of experience, has launched the Capital Group Target Date Retirement Blend Series. The offering combines the firm’s decades-long experience in active management with passive indexing from BlackRock and State Street, providing investors a diversified solution to pursue their retirement goals. As the glide path manager, Capital Group selects the passive exposures and manages the allocations.
June 27, 2024
Capital Group Launches 7 New ETFs on the New York Stock Exchange
New services include four equity and three fixed income ETFs, bringing Capital Group’s ETF platform to 21
May 23, 2024
Capital Group and KKR Form Exclusive Strategic Partnership to Create Public-Private Investment Solutions
Leading global investment firms, Capital Group and KKR, today announced an exclusive, strategic partnership to bring new ways for investors to incorporate alternative investments into their portfolios. Capital Group and KKR intend to make hybrid public-private markets investment solutions available to investors across multiple asset classes, geographies and channels. The first two strategies will be public-private fixed income offerings designed for financial professionals and their clients, which are expected to launch in the U.S. in 2025.
March 27, 2024
Capital Group Announces Availability of Target Date Plus on the Voya Financial Recordkeeping Platform
Capital Group, one of the world’s largest and most experienced investment management firms, announced today the availability of Target Date Plus as a Qualified Default Investment Alternative (QDIA) option for Voya Financial’s retirement plan solutions.
February 13, 2024
Less than 4% of Managed Assets in Active Fixed Income Exchange-Traded Funds: Capital Group Survey
Despite a surge in demand for active exchange-traded funds (ETFs) and outsized demand for active fixed income mutual funds1, financial professionals are allocating less than 4% of assets under management to active fixed income ETFs, a new Capital Group survey shows. This may be due to a lack of understanding about the key benefits of active fixed income ETFs, according to the survey of financial professionals, revealing a critical opportunity to increase awareness and use of active fixed income ETFs.
October 31, 2023
Small business owners on the cusp of offering employee retirement plans
Small businesses account for 99% of U.S. businesses and employ nearly half of private sector employees. In today’s competitive market, business owners are increasingly recognizing the advantages of offering retirement plans for their employees, according to a new survey from Capital Group, with 69% of owners citing helping employees save for the future as a primary driver to offering a plan. The secondary drivers were retention and attraction of top talent (47% and 40%, respectively).
October 26, 2023
Capital Group Finalizes Transition of Long-Planned Leadership Roles
The Capital Group Board of Directors elected Mike Gitlin as President and Chief Executive Officer, Martin Romo as Chairman and Chief Investment Officer, and Jody Jonsson as Vice Chair of Capital Group. As previously announced, Tim Armour will retire as Chairman and CEO and Rob Lovelace will step down as Vice Chair and President, remaining at Capital Group as a portfolio manager.
October 3, 2023
Capital Group Unveils Advisor Benchmark Service to Enhance Practice Management Offerings
An advisory practice without a clear pathway to growth may be missing opportunities. Capital Group, one of the world’s largest and most experienced investment management firms, is helping financial professionals grow their business and deliver more value to clients with the launch of Your Growth Plan, a new advisor benchmark service.
September 28, 2023
Capital Group Unveils Five New Active ETFs, Including Its First Multi-Asset ETF
Capital Group launched five active exchange traded funds (ETFs) today on the New York Stock Exchange. This compelling lineup includes its first-ever multi-asset ETF, along with two fixed income and two equity ETFs, significantly augmenting Capital Group's existing selection of active ETFs to a total of 14.
September 18, 2023
Capital Group enhances ICanRetire® to meet needs of Hispanic employees
Capital Group, one of the world’s largest and most experienced active investment managers, has launched an enhanced version of its white-labeled employee engagement program ICanRetire® to serve the needs of plan sponsors and their employees in the Hispanic community. Launched in 2021 as a complement to the American Funds Target Date Retirement Series®, the ICanRetire program includes tailored tools and resources that educate employees on retirement planning and inspire them to save more.
July 17, 2023
Capital Group’s Institutional Retirement Business Looks to Solve Critical Industry Gaps
The institutional retirement business within Capital Group, one of the world’s largest and most experienced asset management firms, is driving new growth by offering solutions and services that complement its investment products. Building on a long history of meeting the needs of participants, plan sponsors and the intermediaries who serve them, the firm is forming partnerships to enhance existing client relationships and test new solutions for participants through a series of pilot programs.
May 23, 2023
Capital Group Receives Exemplary Stewardship Honor in 2023 Morningstar Awards for Investing Excellence
Capital Group, one of the world’s largest and most experienced active investment managers, has received the Exemplary Stewardship Award as part of the 2023 U.S. Morningstar Awards for Investing Excellence.
May 4, 2023
Small Business Owners Offering Employee Retirement Plans Are More Attuned to Employee Needs During Uncertain Time
While most Americans saving for retirement do so through their employer’s retirement plan offering, small businesses are much less likely than larger companies to offer a plan. Only 28% of businesses with less than 10 employees offer retirement plans and only 51% of businesses with 10-24 employees offer them.1 New research from Capital Group, one of the world’s largest and most experienced active investment managers and a leading provider of retirement solutions for small businesses, found that many business owners may not be offering a plan due to misperceptions around cost and company size requirements.
March 27, 2023
American Funds® From Capital Group® Win 29 Refinitiv Lipper Fund Awards
Capital Group’s American Funds have won a total of 29 Refinitiv Lipper Fund Awards. One of the world’s largest asset managers, Capital Group is known for its family of competitively priced, active mutual funds that seek to deliver superior returns over the long-term. In addition, Capital Research & Management Company received awards in the Overall and Fixed Income categories. This marks the 16th consecutive year that American Funds has taken home multiple Refinitiv Lipper awards.
February 01, 2023
Capital Group launches 12 new active-passive model portfolios
Capital Group, home of American Funds, has launched 12 active-passive model portfolios featuring Capital Group as the strategist. The models will be comprised of American Funds’ actively managed mutual funds and passively-managed exchange-traded funds (ETFs) from Vanguard, Schwab, and BlackRock. As the strategist, Capital Group will select the passive ETFs in each model and manage the allocations.
January 26, 2023
Capital Group announces start of long-planned leadership transition
Capital Group, one of the world’s largest and most experienced active investment managers, today announced its board of directors has approved the election of leaders to new roles that will assume the management responsibilities of Tim Armour, Chairman and CEO and Rob Lovelace, Vice-Chair and President. Armour and Lovelace will both step down from Capital Group’s management committee in October of this year.
November 16, 2022
The Art of Retirement Communications
While there is no one way to effectively speak to the broad American population about retirement, the language used in retirement communications is important – and is often a more dependable way to communicate than imagery – according to new research by Capital Group, home of American Funds, and one of the world’s leading investment management firms.
October 27, 2022
Capital Group Launches Three Active, Fixed Income ETFs
Capital Group launched three active, fixed income exchange traded funds (ETFs) on the New York Stock Exchange today. Following the February launch of five equity ETFs and one fixed income ETF, this brings Capital Group’s available suite of ETFs to nine.
May 18, 2022
Study finds nearly two-thirds of investors globally prefer using active funds to integrate ESG
LOS ANGELES/LONDON: Nearly two-thirds (63%) of investors prefer to use active funds to integrate ESG, with equities (80%) over bonds (58%) as the most popular asset class globally to gain ESG exposure, according to a new study by Capital Group, one of the largest investment companies in the world, with assets under management of $2.7 trillion and 91 years of experience.1
April 14, 2022
Capital Group Appoints Three New Members to RIA Advisory Board
Capital Group announced today that it has appointed three new members to its RIA Advisory Board, bringing membership to a total of 12 practitioners, specialists, and industry leaders. The advisory board, formed in conjunction with the launch of Capital Group's exclusive online hub for Registered Investment Advisors (RIAs) - RIA Insider - celebrated its two year anniversary in March.
April 4, 2022
Announcing Target Date Plus from Capital Group/American Funds, Powered by Morningstar Investment Management LLC
Capital Group, home of the American Funds, and the Workplace Solutions group within Morningstar Investment Management LLC, a subsidiary of Morningstar, Inc., have announced a new target date service, Target Date Plus, with personalized allocation advice tailored to a retirement saver's specific needs and objectives. The service, which employers can use as a qualified default investment alternative, blends the American Funds Target Date Retirement Series® with Morningstar Investment Management's experience delivering online investment advice through its user interfaces and vast network of integrated recordkeepers.
March 23, 2022
American Funds Target Date Retirement Series® Recognized for Years of Strong Investment Results
The American Funds Target Date Retirement Series® celebrated its 15-year anniversary in February, with select vintages winning twelve 2022 Refinitiv Lipper Fund Awards. In addition, on January 25, Morningstar analysts upgraded the low-cost share classes of the Series (F-2, F-3, R-5 and R-6) to Gold, labeling it “one of the very best” target date series in the industry.
March 21, 2022
Capital Group Launches ICanRetire® for Plan Sponsors
Capital Group has announced the launch of ICanRetire®, an employee engagement program for plan sponsors. The new service from Capital Group helps plan sponsors more effectively engage employees in their retirement plan while addressing their specific goals.
March 9, 2022
Capital Group’s response to the war in Ukraine
Capital Group issues a statement on the Russian invasion of Ukraine.
February 24, 2022
Capital Group Launches Its First Active ETFs on New York Stock Exchange
Capital Group launched its first suite of active, transparent exchange traded funds (ETFs) on the New York Stock Exchange (NYSE) today, including one fixed income core plus income strategy, three equity strategies that invest primarily in the US, and two equity strategies that cover international and global.
October 20, 2021
About half of investors globally say lack of robust data biggest barrier to ESG adoption
London, October 20, 2021: About half of institutional and wholesale investors globally say that a lack of robust data is holding back their organisations' further adoption of ESG, according to a new global study by Capital Group, one of the largest and most experienced investment companies in the world, with assets under management of £1.9 trillion.
JULY 26, 2021
Capital Group Joins the United Nations Global Compact
Capital Group, home of the American Funds and one of the world's largest investment management firms, has joined the United Nations Global Compact initiative - a voluntary leadership platform for the development, implementation and disclosure of responsible business practices. The Compact is a call to companies globally to align their operations and strategies with 17 universally accepted principles in the areas of human rights, labor, environment and anti-corruption, and to take action in support of the UN goals and issues embodied in its Sustainable Development Goals (SDGs).
APRIL 29, 2021
Capital Group Announces Licensing Agreement With Fidelity Investments
Capital Group, home of American Funds and one of the world's largest investment management firms, has filed an application for exemptive relief with the Securities and Exchange Commission based on Fidelity's active equity ETF methodology.
APRIL 28, 2021
New Capital Group Study Reveals COVID-19 is Shaping Women's Financial Philosophies
Throughout history, watershed moments, such as the Great Depression and the Great Recession of 2007-2009, have defined and shaped Americans' financial philosophies.
MARCH 30, 2021
New Capital Group Study Uncovers Strategies to Help Investors Better Prepare for Retirement During Economic Uncertainty
As COVID-19 continues to drive economic uncertainty, Americans are facing critical choices about how to invest and approach a financially secure retirement. A new survey conducted by Capital Group, home of American Funds, and one of the world's leading investment management firms, finds that investors of all ages may lack the confidence, knowledge and resources needed to do just that.
MARCH 16, 2021
Capital Group Launches PracticeLab™, a New Digital Destination to Support Growth of Financial Advisory Practices
What does a successful advisory practice look like today? PracticeLab, Capital Group's new digital destination for financial professionals, with insights and actionable ideas to help build advisory businesses and serve clients, will help answer that question.
MARCH 11, 2021
American Funds® From Capital Group Wins 20 Refinitiv Lipper Fund Awards
American Funds, a family of mutual funds from Capital Group, has won a total of 20 Refinitiv Lipper Fund Awards recognizing American Funds Target Date Retirement Series®, American Funds Strategic Bond FundSM and SMALLCAP World Fund®. This marks the 13th consecutive year that American Funds has taken home multiple Refinitiv Lipper awards.
MARCH 9, 2021
Support for our Asian and Pacific Islander associates
Racism in all its forms and against any community is painful and extremely damaging. At Capital, our first priority is the well-being of our associates. This is why we are committed to do our part to stop anti Asian racism – and for that matter, racism of any type – and support those who have been impacted.
FEBRUARY 23, 2021
Capital Group Names Rob Hardy Corporate Governance Director
Capital Group, one of the world's largest and most experienced investment firms, with more than US$2.3 trillion in assets under management, today announced the appointment of Rob Hardy as Corporate Governance Director and member of the firm's ESG (Environmental, Social and Governance) leadership team. Hardy joined Capital Group in February and will be based in London.
FEBRUARY 18, 2021
Marta Zarraga Joins Capital Group as Chief Information Officer
Capital Group, home of American Funds and one of the world's largest investment management firms, announced that Marta Zarraga has joined the firm as Global Chief Information Officer overseeing technology and cyber security.
January 13, 2021
Capital Group to Launch Active ETF Strategies Announces New Head of ETFs to Build and Lead Business
Capital Group, home of the American Funds and one of the world’s largest investment management firms, announced it plans to offer the firm’s first actively managed exchange-traded funds (ETFs).
January 6, 2021
Today's events at the U.S. Capitol
The civil unrest on display today at the U.S. Capitol has no place in our democratic society, regardless of our political and ideological divisions. In this moment, we are reminded of the value we place at Capital on a culture in which we treat one another with respect, even when confronted by opposing viewpoints.
December 1, 2020
American Funds selected for Morningstar's "The Thrilling 36" list
Seven American Funds have been included in the Morningstar® FundInvestor℠ “The Thrilling 36” list. Morningstar's review of more than 8,000 mutual funds identified 36 funds screened for criteria that include expense ratio, manager ownership, risk rating, parent rating, and returns.
June 10, 2020
We must do better
All of us at Capital Group mourn the senseless deaths of George Floyd, Ahmaud Arbery and Breonna Taylor. These are among the latest heartbreaking reminders of the racial disparities that plague our society.
April 30, 2020
Capital Group Launches American Funds Multi-Sector Income FundSM (MSI)
Capital Group, one of the world's largest investment management firms, has announced the launch of a new fixed income fund, American Funds Multi-Sector Income FundSM. Capital Group manages $365 billion in fixed income assets.*
March 19, 2020
American Funds selected for Morningstar's "The Thrilling 34" list
Eight American Funds have been included in the Morningstar® Fund Spy “The Thrilling 34” list. Morningstar’s review of 8,000 mutual funds identified 34 funds screened for criteria that include expenses, manager ownership, returns, parent rating and risk ratings.
September 3, 2019
Capital Group launches first brand campaign in 87-year history
Capital Group, home of American Funds®, and one of the world’s oldest and largest investment management organizations with more than $1.9 trillion in assets under management, debuted its first brand marketing and television campaign in the company’s 87-year history today.
December 6, 2018
Americans Would Rather Talk About Anything besides Money, Capital Group Survey Finds
People would rather talk about anything other than money, including marriage problems, mental illness, drug addiction, race, sex, politics and religion. In a survey of 1,202 American adults conducted by Capital Group, home of American Funds, and one of the world's leading investment management firms, survey participants ranked financial topics such as household earnings, retirement savings, debt and inheritances as the most taboo topics of discussion.
October 23, 2018
Picturing Life in Retirement Can Motivate Increased Savings, New Survey Finds
A large majority of Americans agree they need to save more and invest better to prepare for retirement, but new research reveals one action that may make all of the difference. When people envision how they want to live in their retirement years, they are motivated to save more.
July 25, 2018
Parents Share Wisdom About Money, Saving and Investing With Their Children
Most Americans who are investing for retirement today wish that someone had shared financial advice with them at an earlier age, according to a survey of 1,202 investors conducted by Capital Group, home of American Funds®, and one of the world's leading investment management firms.
July 17, 2018
American Funds Launches ABLEAmerica®, a Tax-Advantaged Savings Plan for Disability Expenses
American Funds, a family of mutual funds from Capital Group, one of the world’s largest investment management firms, announced the launch of ABLEAmerica®, a new tax-advantaged savings plan, the first ABLE plan available through financial advisors for individuals with disabilities and their families.
December 11, 2017
Capital Group Named a Best Place to Work by Glassdoor
Capital Group, home of American Funds, has been honored with Glassdoor’s Employees’ Choice Award, recognizing the Best Places to Work in 2018 among large U.S. companies.
December 8, 2017
Gary Veerman Joins Capital Group as Head of LDI Solutions
LOS ANGELES — Capital Group, home of the American Funds and one of the world’s largest investment management firms, announced today that Gary Veerman will be joining the firm as head of liability-driven investing (LDI) solutions.
December 6, 2017
Baby Boomer Investors Say to Expect the Unexpected When It Comes to Retirement
Baby Boomers are learning to expect the unexpected as they transition into retirement, according to a survey of 1,200 investors conducted by Capital Group, home of the American Funds®.
October 17, 2017
Women Investors Buck Stereotypes: A Powerful Yet Misunderstood Economic Force
Women investors are highly engaged in financial decisions, contribute meaningfully to household income and assets, and expect their investments to work hard for them, according to a survey of 1,200 investors conducted by Capital Group, home of the American Funds®.
August 29, 2017
Millennials Demand More From Employers and Investments
Nine out of 10 Millennials are saving for retirement, according to a survey of 1,200 investors issued today by Capital Group, home of American Funds® and one of the world’s leading investment management firms. When it comes to their choices of employers and investments, compared to Baby Boomers, Millennials are looking for new workforce benefits and companies that deliver financial and social value.
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Capital Group at a glance
About us: Capital Group ranks among the world's largest and oldest asset management firms. It is privately held, with offices around the globe in Europe, Asia, Australia and the Americas.
Our distinctive investing approach, The Capital System™, combines independent decisions with collaboration and diverse perspectives. It has delivered long-term results that help clients pursue their financial goals.
Headquarters: Los Angeles
Founded: 1931
Assets under management: more than $2.7 trillion (June 30, 2024)
Employees: more than 8,800 (December 31, 2023)
Services: Capital Group offers a range of products, including more than 40 mutual funds, known as American Funds®, as well as ETFs, separately managed accounts, collective investment trusts and high net worth investment services.