Stockholm (NordSIP) – Capital Group has hired Jessica Ground (pictured) as its new Global Head of ESG. She will join Capital Group in September and be based in London.
Founded in 1931, Capital Group is a global investment management firm originating in Los Angeles, California. It has over US$1.7 trillion in assets under management. 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. She will also represent Capital Group as an active participant in organizations promoting ESG issues across the business landscape.
“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.”
Ground brings almost two decades of experience in sustainable investing to Capital Group. She joins from Schroders, where she spent the last decade developing the firm’s sustainability approach, most recently as its Global Head of Stewardship. Ground is also Chair of The Investment Association’s Stewardship Committee and Board Member of the Investor Forum.
“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.”
Image Courtesy of Capital Group