Capital Group: Is it a Good Firm?
Hey guys,
I'm a third year at a prestigious school in the LA area. I study Finance and I got an offer from Capital Group in DT Los Angeles. It's an investment firm with about $2 trillion AUM. I'm looking to build a career in the buy side long term, and I've had an interest in investment management since high school.
I recently got a summer internship offer from the company, but I've never heard of it before. Is the company well respected in the industry? Some of the more popular asset management firms most people have heard of are PIMCO, Blackrock, etc, but Capital Group is new to me. They seem to have a friendly company culture according to their website, but a lot is still quite unknown.
Can anyone offer insights?
USC?
Take it, they have a great reputation in the industry
Lol. Yes, Capital Group is a good firm, and you are very lucky to have received an offer despite not knowing who they are.
That amazes me too...
Tier 1 long-only investor.
Large asset management firm - popular for American Funds mutual fund series.
Capital group never spend a dollar on brand marketing (https://www.prnewswire.com/news-releases/capital-group-launches-first-b…</a">until September last year). So most people have no idea they are one of the largest investment managers in the world. But yeah, great firm and great culture. Since the 1960s they divide each portfolio among multiple managers and also give a small percentage directly to research analysts. This way they don't face the key-man-risk as other firms do (popular manager leaves and takes client assets with him). Probably the most distinct difference to other firms.
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