Capital Group expands Europe business with Dutch opening

Amsterdam bridgeCapital Group has opened an office in Holland to target Benelux and Nordic markets in what is a further stage of the large US firm’s push into Europe.

Capital – which is one of the largest asset managers in the world with $1.4 trillion (€1.3 trillion) in assets under management at December 31, 2015 – has also appointed Martin Hofman as country marketing manager for the Benelux and Nordics regions. Hofman was formerly at Columbia Threadneedle Investments.

The Dutch office, which is in Amsterdam, is the latest in a series of new European offices over the past two years and recent hires have included Julie Dickson from Ashmore Group.

Hofman will work with Feike Goudsmit and Marnix van den Berge, who lead Capital Group’s business development activities in the Benelux institutional and financial intermediaries markets, respectively.

Hoffman began at Columbia Threadneedle as regional marketing manager for Benelux and Nordics in 2008 and then from 2014 he was responsible for leading the firm’s institutional marketing activities in Europe, Middle East and Africa.

The Amsterdam office means that Capital Group now has sales branches in nine locations across Europe, including Frankfurt, Geneva, London and Luxemburg.

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