In a bid to accelerate growth in its non-U.S. business, Capital Group has made a high profile hire to bolster distribution in Asia and Europe.
Guy Henriques will join the firm’s London office in November, according to a note, with the intention to drive international growth in the European and Asian markets.
Assets at Capital Group in its European business exceeded 80 billion British pounds in the 1990s and early 2000s but poor performance led to severe outflows that would cause assets to spiral to around 5 billion British pounds by 2013.
Capital recently relaunched its non-U.S. business and Henriques' global distribution experience is expected to be key. Prior to joining Capital, Henriques was the head of U.K. and Latin America sales at Schroders. He was also previously the head of global institutional management and head of Tokyo office for Schroders.
