United States $3 Trillion Capital Group Appoints Henry Chan as Head of Financial Intermediaries Hong Kong, Joined Capital Group in 2018 & Has 20 Years Asset Management Industry Experience at Capital Group, BlackRock & JP Morgan Asset Management
3rd September | Hong Kong
United States Capital Group ($3 trillion AUM) has appointed Henry Chan as Head of Financial Intermediaries Hong Kong. Henry Chan joined Capital Group in 2018, and has 20 years of asset management industry experience at Capital Group, BlackRock & JP Morgan Asset Management. Announcement (3/9/25): “Capital Group, one of the world’s largest and most experienced active investment managers, with more than US$3 trillion in assets under management, has appointed Henry Chan as Head of Financial Intermediaries for its Hong Kong business. Henry will oversee the financial intermediary team in Hong Kong, drive the growth of its distribution business and strengthen existing relationships with Capital Group’s financial intermediary clients in the market. He reports to Toby Chan, Head of Client Group, Greater China. With two decades of industry experience, Henry has spent the past seven years at Capital Group, following earlier roles in distribution teams across top-tier asset managers. His appointment reflects Capital Group’s commitment to investing in its people – supporting long-term career success through internal promotion – and underscores the firm’s focus on delivering consistently high-quality service and building enduring partnerships with clients. Capital Group has seen strong growth across Asia in recent years, significantly expanding its regional footprint through a series of exclusive distributorships with leading banks and intermediaries. The firm has been recognised by Morningstar as Best Asset Manager in Hong Kong for four consecutive years – since the inception of the award – underscoring its commitment to excellence and client outcomes.” In 2025 June, Capital Group formed a partnership with Bank of Singapore to launch the new multi-sector income fund to Bank of Singapore private banking clients, with the Capital Group Multi-Sector Income Fund combining 4 key fixed income sectors in 1) Investment-grade corporate bonds, 2) High-yield corporate bonds, 3) Emerging market bonds & 4) Securitised credit. In 2025 February, Capital Group hired Goldman Sachs 23-year veteran Pooja Grover Madduri as Managing Director for Enterprise Relationship Management APAC, joining from Goldman Sachs after 23 years in Hong Kong, New York & San Francisco and held senior roles including as Chief of Staff for Executive Office APAC ex-Japan & Asia Pacific Head of Strategic Clients Coverage. In 2024 September, Capital Group celebrated the 90th anniversary of the firm’s oldest strategy with $193 billion AUM, with the Investment Company of America (ICA) strategy aiming to achieve long-term capital growth & income by targeting long-term winners across United States economy. The strategies shifted from construction & oil in the 1940s to technology & healthcare today. Investment Company of America (ICA) is managed by 10 portfolio managers with 31 years of median investment experience. In 2024 July, Capital Group formed a partnership with DBS to distribute Capital Group Global Corporate Bond Fund to DBS & DBS Private Banking clients in Hong Kong & Singapore, with the Capital Group Global Corporate Bond Fund investing in corporate investment grade bonds worldwide.
“ United States $3 Trillion Capital Group Appoints Henry Chan as Head of Financial Intermediaries Hong Kong, Joined Capital Group in 2018 & Has 20 Years Asset Management Industry Experience at Capital Group, BlackRock & JP Morgan Asset Management “
![](https://www.caproasia.com/wp-content/uploads/2025/08/Air-Charter-Service-728x90-1.png")
Toby Chan, Head of Client Group for Greater China, Capital Group: “Hong Kong is a core market for Capital Group, and our strong growth in this leading Asia wealth hub reflects the strength of our client partnerships. Henry’s appointment reinforces our commitment to delivering exceptional service – driven by thought leadership, quality advice, and collaborative engagement. With his leadership, we’re well-positioned to support our clients’ business goals and unlock compelling investment potential for Hong Kong’s discerning investors.”
Henry Chan, Head of Financial Intermediaries, Hong Kong, Capital Group: “I’m honoured to step into this role and lead our efforts in Hong Kong – a market with tremendous opportunity for Capital Group. Alongside our talented team, I look forward to deepening our partnerships and supporting clients in achieving their investment goals. As one of the world’s largest active managers, we believe active investing is more vital than ever in navigating today’s dynamic global landscape. My focus will be on delivering investment solutions tailored to our clients’ needs while providing value beyond investing.”
Capital Group – Capital Group is one of the oldest and largest asset management companies in the world, managing multi-asset, equity and fixed income investment strategies for different types of investors. Since 1931, Capital Group has been singularly focused on delivering superior, consistent results for long-term investors using high conviction portfolios, rigorous research and individual accountability. Today, Capital Group works with financial intermediaries and institutions to manage more than US$3 trillion* in long- term assets for investors around the world.
United States $2.8 Trillion Capital Group Launches Multi-Sector Income Fund to Bank of Singapore Private Banking Clients, Capital Group Multi-Sector Income Fund Combines 4 Key Fixed Income Sectors in 1) Investment-Grade Corporate Bonds, 2) High-Yield Corporate Bonds, 3) Emerging Market Bonds & 4) Securitised Credit
9th June – United States Capital Group ($2.8 trillion AUM) has formed a partnership with Bank of Singapore to launch the new multi-sector income fund to Bank of Singapore private banking clients, with the Capital Group Multi-Sector Income Fund combining 4 key fixed income sectors in 1) Investment-grade corporate bonds, 2) High-yield corporate bonds, 3) Emerging market bonds & 4) Securitised credit. Announcement (9/6/25):”Capital Group, one of the world’s largest and most experienced active investment managers with more than US$2.8 trillion assets under management, has partnered with Bank of Singapore to distribute Capital Group Multi-Sector Income Fund (LUX) (“MSI”) to clients in its global network. It is the first Capital Group fund made available to Bank of Singapore’s clients. MSI combines four key fixed income sectors with distinctive income characteristics – investment-grade corporate bonds, high-yield corporate bonds, emerging market bonds and securitised credit – in a single portfolio, offering the potential for attractive and reliable income. Other features of the fund include diversification with four income drivers, flexibility to tilt exposure in changing markets and a balanced risk profile. Consistent with Capital Group’s investment approach, MSI is managed by multiple portfolio managers, rather than a single manager. It has six portfolio managers with an average investment industry experience of 25 years.” In 2024 September, Capital Group celebrated the 90th anniversary of the firm’s oldest strategy with $193 billion AUM, with the Investment Company of America (ICA) strategy aiming to achieve long-term capital growth & income by targeting long-term winners across United States economy. The strategies shifted from construction & oil in the 1940s to technology & healthcare today. Investment Company of America (ICA) is managed by 10 portfolio managers with 31 years of median investment experience. In 2024 July, Capital Group formed a partnership with DBS to distribute Capital Group Global Corporate Bond Fund to DBS & DBS Private Banking clients in Hong Kong & Singapore, with the Capital Group Global Corporate Bond Fund investing in corporate investment grade bonds worldwide.
Jeik Sohn, Head of Singapore and Southeast Asia Client Group, Capital Group: “Recent market uncertainties have been challenging to investors and underscore the benefits of holding bonds with duration as portfolio ballast. Investors should continue to expect diversification benefits, especially as central banks like the Fed focus on combating weak growth and employment rather than inflation. Taking a multi-sector approach to fixed income can help investors capture income through a differentiated strategy of holding both high quality and high yielding bonds. We are pleased to partner with Bank of Singapore to offer their clients around the world access to a potential source of reliable income through Capital Group Multi-Sector Income Fund (LUX), our first fund on the Bank’s platform.”
Capital Group – Capital Group is one of the oldest and largest asset management companies in the world, managing multi- asset, equity and fixed income investment strategies for different types of investors. Since 1931, Capital Group has been singularly focused on delivering superior, consistent results for long-term investors using high conviction portfolios, rigorous research and individual accountability. Today, Capital Group works with financial intermediaries and institutions to manage more than US$2.8 trillion1 in long-term assets for investors around the world.
$2.7 Trillion Capital Group Celebrates 90th Anniversary of Firm Oldest Strategy with $193 Billion AUM, Investment Company of America (ICA) Strategy Aims to Achieve Long-Term Capital Growth & Income by Targeting Long-Term Winners Across United States Economy, Strategies Shifted from Construction & Oil in 1940s to Technology & Healthcare Today, ICA is Managed by 10 Portfolio Managers with 31 Years Median Investment Experience
7th September 2024 | Hong Kong
United States asset manager Capital Group with $2.7 trillion AUM is celebrating the 90th anniversary of the firm’s oldest strategy with $193 billion AUM, with the Investment Company of America (ICA) strategy aiming to achieve long-term capital growth & income by targeting long-term winners across United States economy. The strategies shifted from construction & oil in the 1940s to technology & healthcare today. Investment Company of America (ICA) is managed by 10 portfolio managers with 31 years of median investment experience. Capital Group (3/9/24): “Capital Group, one of the world’s largest and most experienced active investment managers, with more than US$2.7 trillion assets under management, is celebrating 90 years of the Capital Group Investment Company of America (ICA) strategy. A core, diversified US equity portfolio with US$193 billion in assets under management, ICA is Capital Group’s oldest strategy. The strategy seeks to achieve long-term capital growth and income by investing in companies across the breadth of the US economy, targeting long-term winners. The strategy has adapted over the nine decades since launch, shifting from investments in construction and oil in the 1940s, to embracing advancements in technology and health care today. In keeping with Capital Group’s investment approach, the strategy is managed by multiple portfolio managers, not a single manager. ICA has ten portfolio managers with median investment experience of 31 years.” In 2024 July, Capital Group formed a partnership with DBS to distribute Capital Group Global Corporate Bond Fund to DBS & DBS Private Banking clients in Hong Kong & Singapore, with the Capital Group Global Corporate Bond Fund investing in corporate investment grade bonds worldwide.
Toby Chan, Head of Client Group for Hong Kong & Greater China, Capital Group: “Capital Group stands out for its time-tested suite of strategies with long track records. As we celebrate 90 years of our first strategy, Capital Group Investment Company of America (ICA), it continues to be available for investors today in Hong Kong and Singapore as a Luxembourg-domiciled UCITS fund. ICA exemplifies Capital Group’s approach to delivering enduring strategies to our clients which remain relevant through multiple market cycles.”
Jeik Sohn, Head of Client Group for Singapore & Southeast Asia, Capital Group: “We’re delighted to mark the 90th anniversary of the Capital Group Investment Company of America (ICA) strategy, representing our expertise and credentials in US equities. ICA remains an attractive proposition for clients who want to participate in growth and income opportunities whilst also being mindful of downside risks. The core, diversified portfolio is well positioned for an expected broadening of the market in the coming quarters.”
$2.6 Trillion Asset Manager Capital Group Partners with DBS to Distribute Capital Group Global Corporate Bond Fund to DBS & DBS Private Banking Clients in Hong Kong & Singapore, Invests in Corporate Investment Grade Bonds Worldwide, DBS to Distribute 2 Capital Group Funds – Capital Group Global Corporate Bond Fund & Capital Group New Economy Fund
2nd July 2024 – Leading asset manager Capital Group with $2.6 trillion AUM has formed a partnership with DBS to distribute Capital Group Global Corporate Bond Fund to DBS & DBS Private Banking clients in Hong Kong & Singapore, with the Capital Group Global Corporate Bond Fund investing in corporate investment grade bonds worldwide. With the partnership, DBS will distribute 2 Capital Group funds – the Capital Group Global Corporate Bond Fund & the Capital Group New Economy Fund. Capital Group (2/7/24): “Capital Group, one of the world’s largest active asset managers, with assets under management of more than US$2.6 trillion, has partnered with DBS to distribute its Capital Group Global Corporate Bond Fund (LUX) (GCB) to clients in Singapore and Hong Kong. DBS’ personal banking, Treasures and private banking clients will now be able to make direct investments to the fund. GCB invests in corporate investment grade bonds worldwide and is designed for long-term stability. Its global approach provides diversification. Launched in 2018, the Luxembourg-domiciled UCITS is backed by fundamental research, managed by a principal investment officer and a global team of 16 sector analysts investing in their highest convictions. DBS will now distribute Capital Group Global Corporate Bond Fund (LUX) and Capital Group New Economy Fund (LUX), a global equity fund focused on growth and innovation.
Grant Leon, Head of Financial Intermediaries, Asia and Europe, Capital Group: “We are delighted to expand our partnership with DBS to bring more of our leading investment funds to their clients in Asia. DBS clients can now access the high-quality fixed income opportunities of Capital Group’s Global Corporate Bond fund alongside our existing Capital Group New Economy fund, a global equity fund focused on growth and innovation. History shows that as Fed rate hikes near an end, fixed income has generated superior returns to cash. GCB provides an opportunity to lock in future income by investing at current yields today, while offering a potential stabilising effect in times of volatility.”
Hou Wey Fook, Chief Investment Officer, DBS: “High starting yields in bonds today are indicative of strong future returns. Barring an unexpected resurgence of inflation, a scenario of slow rate cuts amid a soft landing in the US economy bodes well for credit. Investors should therefore stay invested, deploying excess cash into bonds to lock in today’s higher yields while they are still available. We believe the sweet spot to be with A/BBB investment grade corporates, with an average portfolio duration in the 3–5-year region given the inverted yield curve. We are excited to continue partnering with Capital Group to offer our clients access to its 51-year strong active fixed income capabilities, complementing our suite of offerings to support clients in achieving a balanced portfolio and reach their investment goals.”
About Capital Group
Capital Group is one of the oldest and largest asset management companies in the world, managing multi- asset, equity and fixed income investment strategies for different types of investors. Since 1931, Capital Group has been singularly focused on delivering superior, consistent results for long-term investors using high conviction portfolios, rigorous research and individual accountability. Today, Capital Group works with financial intermediaries and institutions to manage more than US$2.6 trillion in long-term assets for investors around the world.
Caproasia Users
- Manage $20 million to $30 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2026 Investment Day
- March - Hong Kong
- March - Singapore
- April - Hong Kong
- April - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
