EuroPacific Growth Fund is an open ended equity mutual fund launched and managed by Capital

Research and Management Company. The fund is co-managed by Capital World Investors, Capital
Research Global Investors, and Capital International Investors. It invests in the public equity markets of
Europe and the Pacific Basin excluding the United States. The fund invests in stocks of companies
operating across diversified sectors. It invests in growth stocks of companies across all market
capitalizations. The fund employs fundamental analysis with a focus on factors such as meeting with
company executives and employees, suppliers, customers and competitors, and attractively valued
companies that represent good, long-term investment opportunities to create its portfolio. It benchmarks
the performance of its portfolio against the MSCI EAFE Index, the MSCI All Country World ex USA Index,
and the Lipper International Funds Average. EuroPacific Growth Fund was formed on April 16, 1984 and
is domiciled in the United States.

Type Private

Industry Financial services

Founded 1931

Founder Jonathan Bell Lovelace

Headquarters Los Angeles, California

United States

Area served Worldwide

Products Sub-advisory services to mutual

funds and other pooled
investment vehicles

AUM $1.87 trillion(September

2018)[1][2][3][4][5]

Number of 7,500 (June 30, 2017) [6]

employees

Website thecapitalgroup.com

In 1931, Jonathan Bell Lovelace founded the investment firm, Lovelace, Dennis &
Renfrew, which would eventually become Capital Group. Lovelace had previously been
a partner in the stock brokerage firm E.E. MacCrone, where he explored the concept of
developing an open-end mutual fund. He eventually sold his stake in that company, just
prior to the Wall Street Crash of 1929.[citation needed]
In 1933, Lovelace's firm took over management of The Investment Company of
America, which he had launched at E.E. MacCrone in 1927. [7] For the next 20 years, his
firm enjoyed modest success.[8] As mutual funds gained in popularity in the 1950s,
Capital's roster of mutual funds grew.[citation needed]
The International Resources Fund, established in 1954,[9] was Capital's first foray into
international investing. A year earlier, Lovelace had established an international
investment staff at the urging of his son, Jon Lovelace, Jr. The establishment of the
firm's first overseas research office in Geneva followed in 1962.[10]
In 1958, Jon Lovelace, Jr. introduced a new system of managing the firm's mutual funds
and accounts. Rather than assign a portfolio to a single manager, he divided each
portfolio among several managers. Each manager would share ideas with peers but
have total discretion over a section of the portfolio. Known today as The Capital System,
it avoids the phenomenon of creating single-manager “stars,” who can impact a fund's
results should they leave.[11] In the mid-1960s, Capital began to include research
analysts in the management of the portfolios, reserving a portion of each to allow
analysts to pursue their highest conviction investment ideas.[12]
Capital Group's long-term approach has helped it avoid some of the pitfalls that have
plagued other firms. In the late 1990s, the firm was criticized for not offering then-
popular tech funds. But when the tech bubble burst, Capital was praised for not jumping
on the bandwagon.[13]
Established in 1981 to manage Singapore’s foreign reserves, GIC is a
global long-term investor with well over US$100 billion in assets in over
40 countries worldwide. We work to secure Singapore’s financial future
by investing across a range of asset classes in the public and private
markets. When GIC was established, the idea that a country should manage its
reserves for long-term returns was unconventional. The vision to create GIC, the
world’s first non-commodity-based sovereign wealth fund, was original, bold and
forward-looking. It enabled Singapore to develop the essential capability of
managing its own reserves to better control its long-term destiny. This spirit of
boldness and courage is GIC’s legacy and inspiration, inherited by all in GIC
todayGIC Private Limited, formerly known as Government of Singapore Investment
Corporation, is a sovereign wealth fundestablished by the Government of Singaporein
1981 to manage Singapore's foreign reserves. Its mission is to preserve and enhance the
international purchasing power of the reserves, with the aim to achieve good long-term
returns above global inflation over the investment time horizon of 20 years. With a
network of 10 offices in key financial capitals around the world, GIC invests internationally
in developed market equities, emerging market equities, nominal bonds and cash, inflation-
linked bonds, private equity and real estate.[2]

GIC
 Type Sovereign wealth fund

Industry Fund management

Founded 22 May 1981; 37 years ago

Founder Government of Singapore

Headquarters Singapore

Key people Lee Hsien Loong(Chairman)

Lim Chow Kiat (CEO)[1]

Website www.gic.com.sg

The Sovereign Wealth Fund Institute (SWFI) had estimated the fund's assets
at US$359 billion.[3]
In addition to GIC, the Government of Singapore owns another sovereign wealth
fund, Temasek Holdings, which manages about SGD$275 billion of assets.[4]
HistoryEdit
In 1981, Goh Keng Swee, then first Deputy Prime Minister and Chairman of the Monetary
Authority of Singapore (MAS), saw the trend of Singapore's rapidly growing foreign
reserves and decided to invest Singapore's reserves for the future of the nation and the
welfare of its people. He was advised by the British merchant bank, N M Rothschild & Sons,
and established the GIC.[5]
The government then embarked on a change in investment policy by investing the bulk of
its foreign reserves in longer-term, high-yielding assets rather than in liquid but low-
yielding assets.[6]
An undisclosed number of those who left the MAS in 1981 went to work for the new GIC. In
the late 1990s, four of its most senior positions were held by former Monetary Authority of
Singapore officers