Investment manager Capital Group has expanded its European footprint with the opening of an office in Paris.
Capital Group, which manages approximately $2.8 trillion in assets, has local European offices in Amsterdam, Frankfurt, Geneva, London, Luxembourg, Madrid, Milan and Zurich. “Building on the firm’s momentum in France, establishing a presence in Paris is the next stage of Capital Group’s growth strategy,” it added.
This new presence in France is part of a broader European growth strategy that has gained pace over the last decade. The firm has steadily built its offering and client base by establishing physical offices and partnering with both global and domestic institutions.
Capital Group currently offers 36 Luxembourg-domiciled Ucits-compliant funds to investors across Europe, tailored to meet a wide range of portfolio needs.
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Guy Henriques, president, Europe and Asia Client Group at Capital Group, commented: “As a privately owned global asset manager, we continue to invest in expanding our investment services, enhancing distribution support, and deepening our physical presence to better serve our clients. With our business growing in France, establishing a presence in Paris will bring us even closer to clients on the ground and strengthen our ability to support them directly and meaningfully. This expansion underscores our broader commitment to supporting growth across Europe and helping more investors to achieve their long-term financial goals.”
Berenger de la Blache, managing director, Financial Intermediaries France, added: “France is home to many global financial institutions and is notable for its distinctive distribution landscape. For several years, we have partnered with financial intermediaries and institutions to provide our investment strategies to investors in the French market. As a strategically important market for many of our clients, we believe now is the time to establish a Paris office to deepen partnerships with clients in France.”
