Capital Group Sees Significant Growth in Non-US Wealth Management
Strategic Partnerships Driving Expansion in Europe and Asia
Capital Group’s concerted focus on enhancing its wealth management channels is yielding fruitful results, particularly in its international markets. This progress comes a decade after the company shifted its strategy to foster collaborations that now significantly bolster its asset base.
“Our operations in Europe and Asia have nearly doubled within the last five years. This‌ growth can be attributed to the robust partnerships we have developed with leading wealth management firms,” explained Guy Henriques, president of Capital Group’s client group for Europe and Asia, during a media briefing at their newly established Paddington office on October 10.
A Global Perspective on Strategic Growth
The $2.7 trillion US investment giant emphasizes that expanding beyond American borders is pivotal for its long-term objectives. Over the past five years, Capital Group has heavily invested in creating a strong foundation across Europe and Asia, ensuring that their services are competitive with those offered domestically.
The Importance of Infrastructure Investment
This strategic infrastructure enhancement allows Capital Group to provide clients with high-quality service akin to what they experience in the United States—addressing both market demands and client expectations effectively.