New York City, United States
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more



This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.










$2.3 Trillion Asset Manager Capital Group Appoints Mike Gitlin as President & CEO Succeeding Tim Armour Who is Retiring, Martin Romo Appointed as Chairman & Chief Investment Officer and Jody Jonsson as Vice Chair

28th October 2023 | Hong Kong

Capital Group with $2.3 trillion AUM (Assets under Management) has appointed Mike Gitlin as President & CEO, succeeding Tim Armour who is retiring.  Martin Romo is appointed as Chairman & Chief Investment Officer and Jody Jonsson as Vice Chair.  Announcement – “The Capital Group Board of Directors elected Mike Gitlin as President and Chief Executive Officer, Martin Romo as Chairman and Chief Investment Officer, and Jody Jonsson as Vice Chair of Capital Group. As previously announced, Tim Armour will retire as Chairman and CEO and Rob Lovelace will step down as Vice Chair and President, remaining at Capital Group as a portfolio manager.  As President and CEO, Gitlin will work with other senior leaders across Capital to drive and execute on the company’s long-term strategy and deliver strong, long-term investment results and superior client experiences.    Romo will work with Capital’s investment professionals to deliver on client commitments and ensure that The Capital System™ — Capital’s differentiated investment process — continues to operate at the highest level as it seeks to deliver superior long-term investment results for clients.   Jonsson will continue as President of Capital Research Management Company (CRMC) and Chair of the CRMC Executive Committee. In addition, she will help develop and drive strategic vision and execution, with a focus on stakeholder and industry engagement while maintaining her current investor responsibilities. Armour will retire at the end of 2023 after a 40-year career at Capital Group. The leadership team will work with other members of Capital Group’s management committee which sets, communicates, and implements Capital’s global business strategies, while protecting and promoting its distinct culture.”

“ $2.3 Trillion Asset Manager Capital Group Appoints Mike Gitlin as President & CEO Succeeding Tim Armour Who is Retiring, Martin Romo Appointed as Chairman & Chief Investment Officer and Jody Jonsson as Vice Chair “

 



- Article continues below -



Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)


The 2024 Investment Day
23rd July Hong Kong | 25th July Singapore

Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 23rd July 2024 in Hong Kong, 25th July 2024 in Singapore.
Visit | Register here


The 2024 Family Office Summit
16th Oct Hong Kong | 23rd Oct Singapore

Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2024 Family Office Summit | Register here





 

Capital Group Outgoing Chairman & CEO Tim Armour: “The new leadership team will set Capital Group up for continued future success. The collective expertise and vision of Mike, Martin and Jody will propel our company forward and continue our legacy of a deep commitment to clients and a mission to provide investment results that improve people’s lives over the long-term.”

Capital Group Incoming President & CEO Mike Gitlin: “Capital is a mission-led organization. Martin, Jody and I have a strong partnership and share a steadfast commitment to delivering superior long-term investment results and service to our clients. We thank Tim for his successful leadership, guiding Capital through a myriad of market cycles. As Rob steps down from the management committee, we thank him as well, and are pleased he’ll remain as a portfolio manager and mentor to our investment professionals. Leadership transitions are important to get right, and our seamless transition positions us well for the future.”

 

 

About Capital Group

Capital Group, one of the world’s largest and most experienced active investment managers, has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research, and individual accountability since 1931.  As of June 30, 2023, Capital Group manages approximately $2.3 trillion in equity and fixed-income assets for millions of individuals and institutional investors around the world. Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed-income investment professionals provide fixed-income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.  For more information, visit capitalgroup.com.




Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?



Quick Links


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register


    Investment ProfessionalAdvisorProfessional InvestorFinancial ProfessionalManagementOthers


    $20 million to $100 million AUM$100 million to $300 million AUM$300 million to $1 billion AUM$1 billion to $10 billion AUM$10 billion to $100 billion AUMMore than $100 billion AUM


    Mailing List / Free TrialMonthly SubscriptionYearly SubscriptionMembershipEvents


    2024 Investment Day Hong Kong 23rd July2024 Investment Day Singapore 25th July2024 Investment Day Hong Kong 4th Sept2024 Investment Day Singapore 11th Sept2024 Family Office Summit Hong Kong 16th Oct2024 Family Office Summit Singapore 23rd Oct / 6th Nov












    Web links may be disabled on mobile for security.
    Please click on desktop.










    Caproasia Users

    • Manage $20 million to $3 billion of assets
    • Invest $3 million to $300 million
    • Advise institutions, billionaires, UHNWs & HNWs

    Caproasia Platforms | 11,000 Investors & Advisors

    Monthly Roundtable & Networking

    Family Office Programs

    The 2024 Investment Day

    • March 2024 - Hong Kong
    • March 2024 - Singapore
    • June 2024 - Hong Kong
    • June 2024 - Singapore
    • Sept 2024 - Hong Kong
    • Sept 2024 - Singapore
    • Visit: The Investment Day | Register: Click here

    Caproasia Summits

    Contact Us

    For Enquiries, Membership
    [email protected], [email protected]

    For Listing, Subscription
    [email protected], [email protected]

    For Press Release, send to:
    [email protected]

    For Events & Webinars
    [email protected]

    For Media Kit, Advertising, Sponsorships, Partnerships
    [email protected]

    For Research, Data, Surveys, Reports
    [email protected]

    For General Enquiries
    [email protected]





    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014




    Previous articleChinese Movie Star Zhang Ziyi & Singer Husband Wang Feng Announced Divorce, Combined Assets Around $470 Million 
    Next articleChina $5.4 Billion Hedge Fund High-Flyer Quant Suspends Co-Founder Xu Jin, Reputation Risk from Xu Jin Improper Handling of Family Issue
    Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia