American Capital Group Corporation is an investment management company. The company and its subsidiaries mainly provide investment products and services for individual and institutional clients. They manage clients' funds through mutual funds, collective investment funds and independent management accounts. Their business covers the United States, Canada, the United Kingdom, Japan, Singapore, Switzerland and Hong Kong, China.
American Capital Group Corporation is an investment management company. The company and its subsidiaries mainly provide Investment Products and services for individual and institutional clients. They manage clients' funds through mutual funds, collective investment funds and independent management accounts. Their business covers the United States, Canada, the United Kingdom, Japan, Singapore, Switzerland and Hong Kong, China.
Since its establishment for more than 80 years, the capital group has maintained excellent investment performance, but it has deliberately kept a distance from the media and spotlights, and has long been out of public view. Few people know that the American fund, one of the largest mutual funds in the world Funds is also managed by a division of the capital group, which is now one of the three largest mutual fund management companies in the United States and one of the largest independent investment research institutions in the world.
According to the joint research and ranking conducted by the famous American investment magazine pension investment and Willis towers Watson, one of the world's largest consulting companies, by the end of 2016, the asset management scale of US capital group was $1.48 trillion, ranking ninth in the global asset management industry.
With the enhancement of China's comprehensive strength, many mainland companies choose to go to Hong Kong or go to the United States for listing. As one of the world's largest emerging market investors, American Capital Group will inevitably encounter with China.
According to the official website, the US capital group was founded in 1931 by Jonathan bell Lovelace in Los Angeles. According to the introduction of Charles Ellis's the long line, Lovelace served in the Artillery Force of the U.S. Army. After participating in the first World War in Europe, Lovelace joined mccron in 1919 to engage in securities research and investment, and was promoted to partner in 1924. In 1929, in the summer before the great depression, he sold most of his shares and other shares in mccron. The crisis had a great impact on the company. In 1931, he killed a resurgent Lovelace to establish a capital group and took over the fund business of mccron.
In 1934, the capital group began to manage the investment company of America, the first fund in the US fund series, its flagship product and mutual fund.
In 1943, the New York office of the capital group opened; in 1947, the capital group established a sales company, specializing in the sale of "American funds.".
In 1950, the capital group decided to sell "U.S. funds" only through professional financial advisers, which is the way the group currently adopts; in 1953, the investment in Royal shell oil made capital group one of the first American companies to invest outside North America.
In 1962, the capital group opened an office in Geneva, the first branch outside the United States; in 1965, the Geneva branch created the "Capital International Index (now known as the" Morgan Stanley Capital International Index "), which was one of the first indexes outside the US market; in 1968, capital group began to manage the assets of large international clients and created a bookkeeping company To serve the shareholders of the US fund.
In 1974, capital group began to serve high net worth investors through a business currently known as "capital group private customer service"; in 1978, capital group began to manage non US assets for us institutional clients; in 1979, the London office opened.
In 1983, the capital group set up a dedicated service center for shareholders of "American funds"; in 1986, in response to the world bank's request to help institutional investors invest in developing countries, the capital group launched an emerging market growth fund, which was the first of its kind; in 1987, the "us fund" was ranked 1 million shareholder.
In 1992, capital group launched the first private equity fund, capital international private equity fund, and became an important investor in the field of private equity in emerging markets in recent years.
In 2012, the capital group initiated the establishment of eight "fund funds" in the "US fund" portfolio; in 2015, the exclusive bookkeeping platform of "US fund" exceeded 1 million participants; in 2016, "US fund" introduced three new bond funds.