Capital Group names Jessica Ground as Global Head of ESG
LOS ANGELES, June 18, 2020 /PRNewswire/ — Capital Group, one of the world’s largest and most experienced investment firms, with more than US$1.7 trillion in assets under management, today announced the appointment of Jessica Ground as Global Head of ESG (Environmental, Social and Governance). She will join Capital Group in September and be based in London.
Ms. Ground will be responsible for further incorporating Capital Group’s ESG approach into its investment process globally. She will work with teams across Investment Groups, Distribution, Marketing and Technology to advance ESG at Capital Group. Ms. Ground will also represent Capital Group as an active participant in organizations promoting ESG issues across the business landscape.
Ms. Ground has more than 20 years of industry experience, all with Schroders, where most recently she served as the firm’s Global Head of Stewardship. In this role she was responsible for leading a team of ESG analysts and corporate governance specialists integrating ESG across geographies and asset classes. During her tenure at Schroders, Ms. Ground served as a fund manager on the UK equity team and joined the firm in 1997 as a research analyst covering the Financials and Utilities sectors. Ms. Ground is also Chair of The Investment Association’s Stewardship Committee and Board Member of the Investor Forum.
«At Capital Group, we have a long history of conducting deep fundamental research and engaging closely with portfolio companies on ESG issues,» said Rob Lovelace, Vice Chairman, Capital Group. «We’re delighted to appoint someone of Jessica’s calibre and experience to work with our teams to further integrate ESG at Capital Group. ESG is an area of great strategic importance for us and our clients, and we will continue to invest resources to it.»
«I’m thrilled to join a company with such a distinct investment process, strong track record and longevity,» commented Jessica Ground. «Investors increasingly place ESG considerations as a top priority to inform their investment decisions. I look forward to working alongside the experienced Capital Group team to further integrate ESG factors into the firm’s investment process and deliver services that align with clients’ growing expectations.»
About Capital Group
Since 1931, Capital Group, home of the American Funds, has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability. As of March 31, 2020, Capital Group manages more than $1.7 trillion in equity and fixed income assets for millions of individual and institutional investors around the world.
The Capital Group companies manage equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
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SOURCE Capital Group