History
The Capital Group Companies traces its roots back to 1931 when Jonathan Bell Lovelace founded a small investment management company in Los Angeles, California. Based on his experiences and observations, he felt that the investment industry had lost sight of its true mission, and he established the company with three timeless principles in mind:
- Buy the securities of good companies at reasonable prices
- Thoroughly research a company before you invest to determine its actual worth
- Always be guided by a commitment to honesty and integrity
In the nearly 80 years since its founding, the company has grown into a thriving global complex. Over the years, we've had several notable milestones.
Today, The Capital Group Companies is one of the largest and most respected investment management firms in the world.
If you are interested in learning more about us and our investment solutions, please contact our distributor, Pinnacle Investment Management, on 1300 010 311.
Milestones
- Our affiliate, Capital Research and Management Company, launched in 1931 one of the world's first funds, The Investment Company of America, which is still in existence today as one of the largest and most successful investment funds in the world.
- The MSCI indices, one of the most widely-used global benchmarks, were created by Capital's investment professionals in 1969. (The 'CI' stands for Capital International.)
- Capital International was awarded the first ever dedicated emerging markets mandate in 1986.