Capital Group Celebrates 90 Years of its Longest-Standing Strategy
3 SEPT, 2024
By Jose Luis Palmer from RankiaPro Europe
Capital Group, an active investment management firm with over $2.7 trillion in assets under management, is celebrating the 90th anniversary of its flagship strategy, The Investment Company of America (ICA). With $193 billion in assets, the ICA strategy is the company’s oldest and remains a core offering for investors seeking long-term capital growth and income through diversified U.S. equity investments.
A Strategy Built for Long-Term Growth
Since its inception, the ICA has focused on investing in companies positioned for sustained success across the U.S. economy. Over the decades, its investment approach has evolved in line with market changes, transitioning from industries like construction and oil in the 1940s to contemporary sectors such as technology and healthcare. This adaptability has helped ICA maintain its relevance as one of the largest and most diversified U.S. equity portfolios available.
The strategy’s core objective is to deliver long-term capital growth and income by targeting companies that demonstrate long-term growth potential. Its broad-based approach allows for investments across various sectors of the economy, providing exposure to both established industry leaders and emerging innovators.
Experienced Team Drives Success
Unlike many strategies, ICA is not managed by a single individual. Instead, it is overseen by a team of ten portfolio managers, who collectively bring an average of 31 years of investment experience to the table. This team-based approach aligns with Capital Group’s philosophy of long-term, active management, where collaboration and deep research guide investment decisions.
The 90-year track record of ICA underscores Capital Group’s enduring commitment to delivering value to its investors, demonstrating the staying power of its strategies through varying market cycles. As Capital Group marks this important milestone, ICA continues to play a central role in its investment lineup.
We are delighted to celebrate the 90th anniversary of the Capital Group Investment Company of America (ICA) strategy, which represents our expertise and credentials in U.S. equities. ICA remains an attractive proposition for clients seeking to capitalise on growth and income opportunities, while keeping a close eye on downside risks. The core and diversified portfolio is well positioned for a foreseeable market expansion in the coming quarters.
Katharine Dryer, Head of Equities for Europe and Asia at Capital Group.
