Capital Group Companies
wiki
<p><b>The Capital Group Companies</b> is one of the world’s largest <a href="http://en.wikipedia.org/wiki/Investment_management" title="Investment management">investment management</a>
organizations with assets of around one trillion USD under management.
It comprises a group of investment management companies, including
Capital Research and Management, <a href="http://en.wikipedia.org/wiki/American_Funds" title="American Funds">American Funds</a>, Capital Bank and Trust, Capital Guardian, and Capital International. As measured by <a href="http://en.wikipedia.org/wiki/Assets_under_management" title="Assets under management">assets under management</a>, Capital rivals <a href="http://en.wikipedia.org/wiki/Fidelity_Investments" title="Fidelity Investments">Fidelity Investments</a>, a figure the company will not confirm because it eschews publicity.<sup id="cite_ref-0" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-0"><span>[</span>1<span>]</span></a></sup> The firm was founded in 1931 by <a href="http://en.wikipedia.org/wiki/Jonathan_Bell_Lovelace" title="Jonathan Bell Lovelace">Jonathan Bell Lovelace</a>.</p>
<table id="toc" class="toc"><tbody><tr><td>
<div id="toctitle">
<h2>Contents</h2>
</div>
<ul><li class="toclevel-1 tocsection-1"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#The_Founding_Years"><span class="tocnumber">1</span> <span class="toctext">The Founding Years</span></a></li><li class="toclevel-1 tocsection-2"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Overview"><span class="tocnumber">2</span> <span class="toctext">Overview</span></a></li><li class="toclevel-1 tocsection-3"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Executives"><span class="tocnumber">3</span> <span class="toctext">Executives</span></a></li><li class="toclevel-1 tocsection-4"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Investments"><span class="tocnumber">4</span> <span class="toctext">Investments</span></a>
<ul><li class="toclevel-2 tocsection-5"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Asia"><span class="tocnumber">4.1</span> <span class="toctext">Asia</span></a>
<ul><li class="toclevel-3 tocsection-6"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Australia"><span class="tocnumber">4.1.1</span> <span class="toctext">Australia</span></a></li><li class="toclevel-3 tocsection-7"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#China"><span class="tocnumber">4.1.2</span> <span class="toctext">China</span></a></li><li class="toclevel-3 tocsection-8"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Singapore"><span class="tocnumber">4.1.3</span> <span class="toctext">Singapore</span></a></li></ul>
</li><li class="toclevel-2 tocsection-9"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Europe"><span class="tocnumber">4.2</span> <span class="toctext">Europe</span></a>
<ul><li class="toclevel-3 tocsection-10"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Austria"><span class="tocnumber">4.2.1</span> <span class="toctext">Austria</span></a></li><li class="toclevel-3 tocsection-11"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Germany"><span class="tocnumber">4.2.2</span> <span class="toctext">Germany</span></a></li><li class="toclevel-3 tocsection-12"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Netherlands"><span class="tocnumber">4.2.3</span> <span class="toctext">Netherlands</span></a></li><li class="toclevel-3 tocsection-13"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Russia"><span class="tocnumber">4.2.4</span> <span class="toctext">Russia</span></a></li><li class="toclevel-3 tocsection-14"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Switzerland"><span class="tocnumber">4.2.5</span> <span class="toctext">Switzerland</span></a></li><li class="toclevel-3 tocsection-15"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#Greece"><span class="tocnumber">4.2.6</span> <span class="toctext">Greece</span></a></li></ul>
</li></ul>
</li><li class="toclevel-1 tocsection-16"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#References"><span class="tocnumber">5</span> <span class="toctext">References</span></a></li><li class="toclevel-1 tocsection-17"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#External_links"><span class="tocnumber">6</span> <span class="toctext">External links</span></a></li></ul>
</td></tr></tbody></table>
<h2> <span class="mw-headline" id="The_Founding_Years">The Founding Years</span></h2>
<p>Jonathan Bell Lovelace was raised in Southern Alabama by a family who
was in the timber business. He initially studied to become an architect
at what was then Alabama Polytechnic (Currently <a href="http://en.wikipedia.org/wiki/Auburn_University" title="Auburn University">Auburn University</a>). After college, he enlisted in the military, working on a project that pioneered anti-aircraft artillery.<sup id="cite_ref-1" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-1"><span>[</span>2<span>]</span></a></sup>
Lovelace worked with E.E. MacCrone & Company, eventually becoming a
partner. In 1929, Lovelace believed the stock market to be wildly
overvalued and sold his stake in the company. In 1931, he founded an
investment firm, Lovelace, Dennis & Renfrew, what would eventually
become the Capital Group Companies. The early company was a model of
efficiency, with communications between Los Angeles and New York being
hugely expensive.</p>
<h2> <span class="mw-headline" id="Overview">Overview</span></h2>
<p>Capital Group is headquartered in <a href="http://en.wikipedia.org/wiki/Los_Angeles,California" title="Los Angeles, California" class="mw-redirect">Los Angeles, California</a>, and has over 7,000 associates in 23 office locations around the globe, including offices in <a href="http://en.wikipedia.org/wiki/London" title="London">London</a>, <a href="http://en.wikipedia.org/wiki/Geneva" title="Geneva">Geneva</a>, <a href="http://en.wikipedia.org/wiki/Sydney" title="Sydney">Sydney</a>, <a href="http://en.wikipedia.org/wiki/Toronto" title="Toronto">Toronto</a>, <a href="http://en.wikipedia.org/wiki/Tokyo" title="Tokyo">Tokyo</a>, <a href="http://en.wikipedia.org/wiki/Hong_Kong" title="Hong Kong">Hong Kong</a>, <a href="http://en.wikipedia.org/wiki/Mumbai" title="Mumbai">Mumbai</a> and <a href="http://en.wikipedia.org/wiki/Singapore" title="Singapore">Singapore</a>. The company also has a large newly built campus in <a href="http://en.wikipedia.org/wiki/Irvine,California" title="Irvine, California">Irvine, California</a>,
making it one of the largest employers in that city. Due to the recent
decline in the markets and economy, the company has reduced its staff by
over 1,500 from the previous high of 9,000 associates. Its families of <a href="http://en.wikipedia.org/wiki/Mutual_funds" title="Mutual funds" class="mw-redirect">mutual funds</a> include "<a href="http://en.wikipedia.org/wiki/American_Funds" title="American Funds">American Funds</a>"
and "Capital International Funds." On the institutional side, Capital
manages money for pensions, governments, and other entities worldwide.
It also manages money for wealthy individuals and engages in private
equity investments. One of its subsidiaries, Capital International, was
responsible for the construction of the <a href="http://en.wikipedia.org/wiki/Morgan_Stanley_Capital_International" title="Morgan Stanley Capital International" class="mw-redirect">MSCI</a> <a href="http://en.wikipedia.org/wiki/Stock_market_index" title="Stock market index">stock market indices</a>. The Capital Group was voted as the third-most satisfactory workplace in the Greater Los Angeles area by the <i><a href="http://en.wikipedia.org/wiki/Los_Angeles_Business_Journal" title="Los Angeles Business Journal">Los Angeles Business Journal</a></i> in 2006.<sup id="cite_ref-2" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-2"><span>[</span>3<span>]</span></a></sup>
The <a href="http://en.wikipedia.org/wiki/American_Funds" title="American Funds">American Funds</a>, managed by the Capital Group Companies was as of June 2007 the largest family of mutual funds in the US, followed by <a href="http://en.wikipedia.org/wiki/The_Vanguard_Group" title="The Vanguard Group">The Vanguard Group</a> and <a href="http://en.wikipedia.org/wiki/Fidelity_Investments" title="Fidelity Investments">Fidelity Investments</a>, with roughly $1.3 trillion in assets under management<sup class="Template-Fact" style="white-space:nowrap;">[<i><a href="http://en.wikipedia.org/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources from April 2011">citation needed</span></a></i>]</sup>.
In 2008, Capital Research and Management Company implemented the
disaggregation of its equity investment operations to become known as
Capital Research Global Investors and Capital World Investors.
A study published in September, 2009 in the scientific journal <a href="http://en.wikipedia.org/wiki/Physical_Review" title="Physical Review">Physical Review E</a>
on the topic of new network analysis methodologies in economics
concluded — in the course of presenting an example — that The Capital
Group was the most powerful controlling shareholder in the global stock
market, with major stakes in 36 of the 48 countries studied.<sup id="cite_ref-3" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-3"><span>[</span>4<span>]</span></a></sup>
Capital Group is organized into tiers of subsidiaries, one of which
is the wholly owned Capital Guardian Trust Company, which in turn
manages the division, Personal Investment Management, founded in 1974 to
manage the assets of employees and retirees of The Capital Group
Companies.<sup id="cite_ref-4" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-4"><span>[</span>5<span>]</span></a></sup></p>
<h2> <span class="mw-headline" id="Executives">Executives</span></h2>
<dl><dd>David I. Fisher – chairman of the board of Capital Group International, Inc. and Capital Guardian Trust Company [6]</dd><dd>Shaw B. Wagener – chairman of Capital International, Inc.[7]</dd><dd>James Rothenberg – chairman of Capital Research & Management Co.[8]</dd></dl>
<h2> <span class="mw-headline" id="Investments">Investments</span></h2>
<h3> <span class="mw-headline" id="Asia"><a href="http://en.wikipedia.org/wiki/Asia" title="Asia">Asia</a></span></h3>
<h4> <span class="mw-headline" id="Australia"><a href="http://en.wikipedia.org/wiki/Australia" title="Australia">Australia</a></span></h4>
<ul><li><a href="http://en.wikipedia.org/wiki/Amcor" title="Amcor">Amcor LTD.</a> (9.42%)</li></ul>
<h4> <span class="mw-headline" id="China"><a href="http://en.wikipedia.org/wiki/China" title="China">China</a></span></h4>
<ul><li><a href="http://en.wikipedia.org/wiki/BYD_Company" title="BYD Company">BYD Co LTD.</a> (9.92%)</li></ul>
<h4> <span class="mw-headline" id="Singapore"><a href="http://en.wikipedia.org/wiki/Singapore" title="Singapore">Singapore</a></span></h4>
<ul><li><a href="http://en.wikipedia.org/wiki/ST_Engineering" title="ST Engineering">ST Engineering</a> (5.5005)<sup id="cite_ref-5" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-5"><span>[</span>6<span>]</span></a></sup></li></ul>
<h3> <span class="mw-headline" id="Europe"><a href="http://en.wikipedia.org/wiki/Europe" title="Europe">Europe</a></span></h3>
<h4> <span class="mw-headline" id="Austria"><a href="http://en.wikipedia.org/wiki/Austria" title="Austria">Austria</a></span></h4>
<ul><li><a href="http://en.wikipedia.org/wiki/Telekom_Austria" title="Telekom Austria">Telekom Austria Group</a> (7.94 %) <sup id="cite_ref-6" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-6"><span>[</span>7<span>]</span></a></sup></li></ul>
<h4> <span class="mw-headline" id="Germany"><a href="http://en.wikipedia.org/wiki/Germany" title="Germany">Germany</a></span></h4>
<ul><li><a href="http://en.wikipedia.org/wiki/Bayer_AG" title="Bayer AG" class="mw-redirect">Bayer AG</a> (10.018 %) <sup id="cite_ref-7" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-7"><span>[</span>8<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/w/index.php?title=Bijou_Brigitte&action=edit&redlink=1" class="new" title="Bijou Brigitte (page does not exist)">Bijou Brigitte</a> (3.0025 %) <sup id="cite_ref-8" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-8"><span>[</span>9<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/w/index.php?title=B%C3%B6we_Systec_AG&action=edit&redlink=1" class="new" title="Böwe Systec AG (page does not exist)">Böwe Systec AG</a> (5.10 %)</li><li><a href="http://en.wikipedia.org/wiki/Continental_AG" title="Continental AG">Continental AG</a> (5.10 %) <sup id="cite_ref-9" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-9"><span>[</span>10<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/wiki/Deutsche_Bank" title="Deutsche Bank">Deutsche Bank</a> (3.08 %) <sup id="cite_ref-10" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-10"><span>[</span>11<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/wiki/Fraport_AG" title="Fraport AG" class="mw-redirect">Fraport AG</a> (5.07 %) <sup id="cite_ref-11" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-11"><span>[</span>12<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/wiki/GEA_Group" title="GEA Group">GEA Group AG</a> (4.985 %) <sup id="cite_ref-12" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-12"><span>[</span>13<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/wiki/Infineon_Technologies_AG" title="Infineon Technologies AG" class="mw-redirect">Infineon Technologies AG</a> (4.10 %) <sup id="cite_ref-13" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-13"><span>[</span>14<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/wiki/Linde_AG" title="Linde AG" class="mw-redirect">Linde AG</a> (ca. 10 % Beteiligung) <sup id="cite_ref-14" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-14"><span>[</span>15<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/wiki/SAP_AG" title="SAP AG">SAP AG</a> (3.19 %) <sup id="cite_ref-15" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-15"><span>[</span>16<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/wiki/Siemens_AG" title="Siemens AG" class="mw-redirect">Siemens AG</a> (3.02 %) <sup id="cite_ref-16" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-16"><span>[</span>17<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/wiki/Volkswagen_AG" title="Volkswagen AG" class="mw-redirect">Volkswagen AG</a> (4.097 % Beteiligung, 5,6 % Stimmrechte) <sup id="cite_ref-17" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-17"><span>[</span>18<span>]</span></a></sup></li></ul>
<h4> <span class="mw-headline" id="Netherlands"><a href="http://en.wikipedia.org/wiki/Netherlands" title="Netherlands">Netherlands</a></span></h4>
<ul><li><a href="http://en.wikipedia.org/wiki/Akzo_Nobel" title="Akzo Nobel" class="mw-redirect">Akzo Nobel</a> (9.94%) <sup id="cite_ref-18" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-18"><span>[</span>19<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/wiki/ASML_Holding" title="ASML Holding">ASML</a> (8.8%) <sup id="cite_ref-19" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-19"><span>[</span>20<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/wiki/KPN" title="KPN">KPN Telecom</a> (10.68%) <sup id="cite_ref-20" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-20"><span>[</span>21<span>]</span></a></sup></li></ul>
<h4> <span class="mw-headline" id="Russia"><a href="http://en.wikipedia.org/wiki/Russia" title="Russia">Russia</a></span></h4>
<ul><li><a href="http://en.wikipedia.org/wiki/Rambler_%28portal%29" title="Rambler (portal)">Rambler</a> (3.29%)</li></ul>
<h4> <span class="mw-headline" id="Switzerland"><a href="http://en.wikipedia.org/wiki/Switzerland" title="Switzerland">Switzerland</a></span></h4>
<ul><li><a href="http://en.wikipedia.org/w/index.php?title=Geberit_AG&action=edit&redlink=1" class="new" title="Geberit AG (page does not exist)">Geberit AG</a> (5.0518 %) <sup id="cite_ref-21" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-21"><span>[</span>22<span>]</span></a></sup></li><li><a href="http://en.wikipedia.org/w/index.php?title=Mobilezone_holding_ag&action=edit&redlink=1" class="new" title="Mobilezone holding ag (page does not exist)">mobilezone holding ag</a> (4,99 %) <sup id="cite_ref-22" class="reference"><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_note-22"><span>[</span>23<span>]</span></a></sup></li></ul>
<h4> <span class="mw-headline" id="Greece"><a href="http://en.wikipedia.org/wiki/Greece" title="Greece">Greece</a></span></h4>
<ul><li><a href="http://en.wikipedia.org/wiki/OPAP" title="OPAP">OPAP</a> (11,5439 %)</li><li><a href="http://en.wikipedia.org/wiki/Ellaktor" title="Ellaktor">Ellaktor</a> (5,70 %)</li><li><a href="http://en.wikipedia.org/wiki/Titan_Cement" title="Titan Cement">Titan Cement</a> (5,00 %)</li><li><a href="http://en.wikipedia.org/w/index.php?title=Jumbo_Stores&action=edit&redlink=1" class="new" title="Jumbo Stores (page does not exist)">Jumbo Stores</a> (9,00 %)</li><li><a href="http://en.wikipedia.org/w/index.php?title=Fourlis_Holding&action=edit&redlink=1" class="new" title="Fourlis Holding (page does not exist)">Fourlis Holding</a> (9,86 %)</li></ul>
<h2> <span class="mw-headline" id="References">References</span></h2>
<div class="reflist references-column-count references-column-count-2" style="-moz-column-count: 2; -webkit-column-count: 2; column-count: 2; list-style-type: decimal;">
<ol class="references"><li id="cite_note-0"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-0"></a></b></span> <span class="reference-text">See section 'The secret world of a $750bn fund manager' in <a rel="nofollow" class="external text" href="http://news.independent.co.uk/business/analysis_and_features/article61601.ece">The Independent</a></span></li><li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-1"></a></b></span> <span class="reference-text">Ellis, Charles D.: Capital:The Story of Long-Term Investment Excellence, pages 12-13. John Wiley Press, 2004.</span></li><li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-2"></a></b></span> <span class="reference-text"><span class="citation web"><a rel="nofollow" class="external text" href="http://www.computerworld.com/action/article.do?command=viewArticleTOC&specialReportId=9000080&articleId=111562">"Inside the Top Five Best Places to Work: No. 3: The Capital Group"</a>. ComputerWorld. June 19, 2006<span class="reference-accessdate">. Retrieved 2006-06-19</span>.</span><span class="Z3988" title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.btitle=Inside+the+Top+Five+Best+Places+to+Work%3A+No.+3%3A+The+Capital+Group&rft.atitle=&rft.date=June+19%2C+2006&rft.pub=ComputerWorld&rft_id=http%3A%2F%2Fwww.computerworld.com%2Faction%2Farticle.do%3Fcommand%3DviewArticleTOC%26specialReportId%3D9000080%26articleId%3D111562&rfr_id=info:sid/en.wikipedia.org:Capital_Group_Companies" /></span></li><li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-3"></a></b></span> <span class="reference-text"><span class="citation Journal">Glattfelder, J. B.; Battiston, S. (2009). "Backbone of complex networks of corporations: The flow of control". <i>Physical Review E</i> <b>80</b> (3): 036104. <a href="http://en.wikipedia.org/wiki/Bibcode" title="Bibcode">Bibcode</a> <a rel="nofollow" class="external text" href="http://adsabs.harvard.edu/abs/2009PhRvE..80c6104G">2009PhRvE..80c6104G</a>. <a href="http://en.wikipedia.org/wiki/Digital_object_identifier" title="Digital object identifier">doi</a>:<a rel="nofollow" class="external text" href="http://dx.doi.org/10.1103%2FPhysRevE.80.036104">10.1103/PhysRevE.80.036104</a>.</span><span class="Z3988" title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=Backbone+of+complex+networks+of+corporations%3A+The+flow+of+control&rft.jtitle=Physical+Review+E&rft.aulast=Glattfelder&rft.aufirst=J.+B.&rft.au=Glattfelder%2C%26%2332%3BJ.+B.&rft.au=Battiston%2C%26%2332%3BS.&rft.date=2009&rft.volume=80&rft.issue=3&rft.pages=036104&rft_id=info:bibcode/2009PhRvE..80c6104G&rft_id=info:doi/10.1103%2FPhysRevE.80.036104&rfr_id=info:sid/en.wikipedia.org:Capital_Group_Companies" /> <span class="plainlinks noprint" style="font-size:smaller"><a class="external text" href="http://en.wikipedia.org/w/index.php?title=Template:Cite_doi/10.1103.2FPhysRevE.80.036104&action=edit&editintro=Template:Cite_doi/editintro2">edit</a></span> (the article is also available on the <a href="http://en.wikipedia.org/wiki/ArXiv" title="ArXiv">arXiv</a> preprint server: <a rel="nofollow" class="external text" href="http://arxiv.org/abs/0902.0878v2">arXiv:0902.0878v2</a>)</span></li><li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-4"></a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://pim.capguardian.com/who_we_are.html">Capital Group Private Client Services</a></span></li><li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-5"></a></b></span> <span class="reference-text"><a rel="nofollow" class="external free" href="http://www.stengg.com/investor-relations/shareholding-statistics">http://www.stengg.com/investor-relations/shareholding-statistics</a></span></li><li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-6"></a></b></span> <span class="reference-text">Telecompaper, 21. June 2011, <a rel="nofollow" class="external text" href="http://www.telecompaper.com/news/telekom-austria-group-shareholder-cuts-stake-to-under-10">Telekom Austria Group shareholder cuts stake to under 10%</a></span></li><li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-7"></a></b></span> <span class="reference-text">Süddeutsche Zeitung, Oktober 2008, <a rel="nofollow" class="external text" href="http://www.sueddeutsche.de/app/finanzen/wgzw/?Firma=42677">Wer gehört zu wem: Bayer AG</a></span></li><li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-8"></a></b></span> <span class="reference-text">Bijou Brigitte AG, 29. December 2009, <a rel="nofollow" class="external text" href="http://www.bijou-brigitte.com/Investor-Relations/Meldungen/Pflichtmitteilungen/c_66_96_109.php?main_page=bb_pflichtmitteilungen">Pflichtmitteilung</a></span></li><li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-9"></a></b></span> <span class="reference-text">Süddeutsche Zeitung, Oktober 2008, <a rel="nofollow" class="external text" href="http://www.sueddeutsche.de/app/finanzen/wgzw/?Firma=39248">Wer gehört zu wem: Continental AG</a></span></li><li id="cite_note-10"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-10"></a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.db.com/ir/en/content/shareholder_structure.htm">Deutsche Bank - Shareholder Structure</a></span></li><li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-11"></a></b></span> <span class="reference-text">Beteiligung Fraport AG, Stand Mai 2007, Mitteilung Fraport AG</span></li><li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-12"></a></b></span> <span class="reference-text">Süddeutsche Zeitung, Oktober 2008, <a rel="nofollow" class="external text" href="http://www.sueddeutsche.de/app/finanzen/wgzw/?Firma=36513">Wer gehört zu wem: GEA Group AG</a></span></li><li id="cite_note-13"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-13"></a></b></span> <span class="reference-text">Süddeutsche Zeitung, Oktober 2008, <a rel="nofollow" class="external text" href="http://www.sueddeutsche.de/app/finanzen/wgzw/?Firma=568460">Wer gehört zu wem: Infineon Technologies AG</a></span></li><li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-14"></a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.linde.de/international/web/linde/like35lindede.nsf/docbyalias/nav_ShareholderStructure">Linde AG 9. Februar 2009</a></span></li><li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-15"></a></b></span> <span class="reference-text">SAP AG, 04. November 2008, Beteiligungen der SAP AG</span></li><li id="cite_note-16"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-16"></a></b></span> <span class="reference-text">Siemens AG, August 2009, <a rel="nofollow" class="external text" href="http://www.dgap.de/news/pvr/siemens-aktiengesellschaft-veroeffentlichung-gemaess-abs-wphg-mit-dem-ziel-der-europaweiten-verbreitung_142_573620.htm">Veröffentlichung einer Stimmrechtsmitteilung</a></span></li><li id="cite_note-17"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-17"></a></b></span> <span class="reference-text">Süddeutsche Zeitung, Oktober 2008, <a rel="nofollow" class="external text" href="http://www.sueddeutsche.de/app/finanzen/wgzw/?Firma=51193">Wer gehört zu wem: Volkswagen AG</a></span></li><li id="cite_note-18"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-18"></a></b></span> <span class="reference-text">De Volkskrant, October 2010, <a rel="nofollow" class="external text" href="http://www.volkskrant.nl/vk/nl/2764/beurs/integration/nmc/frameset/beurscijfers/beurscijfers.dhtml">Profiel Akzo Nobel</a></span></li><li id="cite_note-19"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-19"></a></b></span> <span class="reference-text">De Volkskrant, October 2010, <a rel="nofollow" class="external text" href="http://www.volkskrant.nl/vk/nl/2764/beurs/integration/nmc/frameset/beurscijfers/beurscijfers.dhtml">Profiel ASML</a></span></li><li id="cite_note-20"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-20"></a></b></span> <span class="reference-text">De Volkskrant, October 2010, <a rel="nofollow" class="external text" href="http://www.volkskrant.nl/vk/nl/2764/beurs/integration/nmc/frameset/beurscijfers/beurscijfers.dhtml">Profiel KPN</a></span></li><li id="cite_note-21"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-21"></a></b></span> <span class="reference-text">Geberit AG, 13. März 2008, <a rel="nofollow" class="external text" href="http://www.geberit.com/Geberit/Inet/com/wcmscomd.nsf/files/usr-med-080313_MM_Offenlegung_CGC_D.pdf/$file/080313_MM_Offenlegung_CGC_D.pdf">Offenlegung von Beteiligungen</a></span></li><li id="cite_note-22"><span class="mw-cite-backlink"><b><a href="http://en.wikipedia.org/wiki/Capital_Group_Companies#cite_ref-22"></a></b></span> <span class="reference-text">mobilezne holding ag, 14. September 2011, <a rel="nofollow" class="external text" href="http://www.mobilezoneholding.ch/media/media_110914072551.pdf">Offenlegung von Beteiligungen</a></span></li></ol>
</div>
<h2> <span class="mw-headline" id="External_links">External links</span></h2>
<ul><li><a rel="nofollow" class="external text" href="http://www.capgroup.com/">Capital Group website</a></li><li><a rel="nofollow" class="external text" href="http://www.americanfunds.com/">American Funds website</a></li><li><a rel="nofollow" class="external text" href="http://www.capitalinternationalfunds.com/">Capital International Funds website</a></li></ul>