Capital Group
Asset management with long-term portfolios
Data & Technology Summer Associate
+ Individual annual performance bonus + Annual profitability bonus
About the job
- Strong analytical, critical-thinking, problem-solving, and quantitative skills.
- Intellectual curiosity, learning agility, and a commitment to continuous growth and development.
- Ability to navigate ambiguity and approach complex challenges thoughtfully.
- Strong written and verbal communication skills.
- Ability to collaborate effectively across teams and build strong working relationships.
- Attention to detail, organization, and execution.
- Initiative, accountability, and a willingness to take ownership.
- Interest in leveraging data, analytics, technology, and emerging tools to drive innovation and business outcomes.
- Comfort working with data and translating insights into recommendations.
- Foundational experience with analytical, quantitative, or technical skills through coursework, projects, internships, research, or extracurricular activities.
- Familiarity with data visualization, reporting, business intelligence, or analytical tools.
- Foundational programming experience, such as Python, SQL, R, Spark, or similar technologies, and an interest in continuing to build technical skills.
- Currently pursuing a bachelor's degree with an anticipated graduation date between December 2027 and June 2028.
- Minimum cumulative GPA of 3.0/4.0, 3.75/5.0, or equivalent.
- Authorization to work in the United States without need for sponsorship now or in the future.
- Leverage business intelligence, reporting, analytics, and visualization tools to support decision-making and business outcomes.
- Apply advanced analytics, modeling, and quantitative approaches to generate insights and solve business challenges.
- Support the development of digital tools, platforms, and user-focused solutions that enhance business and client experiences.
- Contribute to enterprise data initiatives and help translate business needs into data-driven solutions.
- Support teams driving innovation, analytics, and technology transformation across the firm.
- Analyze complex datasets, build reports and visualizations, support digital product or data initiatives, evaluate business requirements, and help develop data-driven solutions that inform decision-making and improve business outcomes.
- Participate in professional development and networking opportunities throughout the program.
- A degree in a quantitative, analytical, technology, engineering, mathematics, data science, computer science, economics, statistics, finance, information systems, or related field.
About the company
Capital Group is a private investment firm that manages equities and fixed-income assets for individuals and institutions. It focuses on long-term investing through high-conviction portfolios and rigorous research, using the American Funds lineup to seek solid results. The firm differentiates itself with a globally distributed team of more than 8,000 associates and a strong emphasis on personal accountability guiding investment decisions. Its goal is to improve people’s lives through successful investing.
Company Size
5,001-10,000
Company Stage
N/A
Total Funding
$65B
Headquarters
Dongcheng District, China
Founded
N/A
Get referred to Capital Group
See people who can refer or advise you
Simplify's Take
What believers are saying
- August 2026: Capital Group hired Guillermo Veiga as CIO, strengthening technology and AI execution.
- July 2026 and June 2026 product launches expanded Canadian ETFs and Europe-Asia ETF leadership.
- August 2026: New York approved $38 million expansion, adding 200 jobs at 345 Park Avenue.
What critics are saying
- March 2026 judgment ordered $13.97 million against Capital Group Global in retaliation litigation.
- August 2026 ERISA class action targets Capital Group's 401(k) fiduciaries over imprudent fund monitoring.
- By 2027, BlackRock, JPMorgan, and Dimensional compress ETF fees, hollowing Capital Group's active margin base.
What makes Capital Group unique
- Since 1931, Capital Group's multi-manager, high-conviction research model still anchors American Funds.
- Private ownership lets it fund multiyear hubs in Charlotte, New York, and Abu Dhabi.
- Its $3.6 trillion platform spans mutual funds, active ETFs, and institutional mandates.
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Benefits
401(k) Retirement Plan
Performance Bonus
Company News
ASUS supercomputer lets local AI agents trade real money without the cloud. Artificial intelligence is already writing code, answering emails, and generating images. Now AI agents are being trusted with something considerably more dangerous: real money. ASUS and Poesis have completed a week-long experiment in which autonomous AI agents traded in live financial markets using actual capital. The agents conducted investment research, managed risk, and executed trades while operating within predefined rules. Perhaps the most interesting part is where all of this happened. The entire AI operation ran locally on a single ASUS ExpertCenter Pro ET900N G3 rather than depending on cloud-based AI infrastructure. The machine is built on NVIDIA's DGX Station platform and powered by the NVIDIA GB300 Grace Blackwell Ultra Desktop Superchip. ASUS says it offers up to 20 petaflops of AI performance and 748GB of coherent memory. Machine Learning & Artificial Intelligence Discover more Journalism & News Industry Open Source Networking That was apparently enough horsepower for Poesis to run its collection of models, agents, and workflows on one deskside system. In other words, the AI could analyze the market, perform research, consider risk, and ultimately execute trades without shipping the underlying AI workload off to a remote data center. "While this was an early-stage experiment, it showed that agents can operate continuously in live markets while remaining within clearly defined constraints," said Alex Popa, founder and CEO of Poesis. Poesis describes itself as an AI-native asset manager developing agentic systems for financial markets. Popa previously worked as a partner and portfolio manager at Capital Group, while co-founder Charles Elkan previously served as Global Head of Machine Learning at Goldman Sachs. There is an important detail missing from the announcement, however. ASUS and Poesis don't reveal whether the AI agents actually made any money. There are no returns, benchmarks, drawdown figures, transaction costs, or even a detailed breakdown of the trades. The experiment therefore tells NERDS considerably more about whether autonomous trading agents can operate locally than whether anyone should trust them to manage an investment portfolio. Autonomous and algorithmic trading itself isn't new, either. The more interesting development here is how much of an investment workflow can apparently be handed to modern AI agents and squeezed onto a single machine sitting in an office. Machine Learning & Artificial Intelligence That could eventually matter beyond finance. Companies interested in agentic AI may not necessarily want sensitive data, proprietary research, or decision-making processes traveling through third-party cloud services. Powerful local AI systems provide another option, assuming organizations are willing to pay for the hardware and operate it themselves. For financial firms, the implications are particularly interesting. An autonomous system capable of researching investments, enforcing risk rules, and executing trades locally could potentially reduce dependence on external AI infrastructure while giving firms tighter control over their data. But successfully placing trades and successfully investing are two very different things. ASUS and Poesis have demonstrated the former. Until NERDS see what happened to the money, NERDS know very little about the latter. Support independent tech journalism. NERDS.xyz is independently owned and operated. If you enjoy my coverage of Linux, AI, hardware, cybersecurity, and tech culture, consider supporting the site on Ko-fi. Technology journalist and founder of NERDS.xyz Brian Fagioli is a technology journalist and founder of NERDS.xyz. A former BetaNews writer, he has spent over a decade covering Linux, hardware, software, cybersecurity, and AI with a no nonsense approach for real nerds.
Krishna Prasad Chigurupati, promoter of Hyderabad-based Granules India, sold nearly 7% of his stake in the pharmaceutical company on Friday, raising over ₹1,500 crore. The transaction involved 1.72 crore shares sold through 22 block deals and open-market transactions at ₹872.50 per share, representing a 3% discount to the previous closing price. The deal attracted participation from nearly two dozen investors, including Capital Group, Kotak Mahindra Life Insurance Company, ChrysCapital, and Allspring. Smallcap World Fund Ind acquired the largest chunk, purchasing 34.7 lakh shares for ₹303 crore. Granules India stated the funds will support the second tranche of its ongoing preferential issue and next phase of growth initiatives. Following the sale, promoter group shareholding declined to 31% from 38%. The deal carries a 180-day lock-in period.
Fairfax plans IIFL Finance exit to fund IDBI Bank bid. , ET Bureau Last Updated: Sep 08, 2026, 12:34:00 AM IST Fairfax Financial Holdings plans to exit IIFL Finance to fund its IDBI Bank acquisition. The investor will use proceeds to part-fund the proposed takeover of the state-owned lender. Fairfax intends to merge CSB Bank with IDBI Bank after completing the acquisition. This move aims to simplify lending interests and avoid business overlaps. The deal is expected to be completed shortly after procedural steps. Mumbai: Prem Watsa-backed Fairfax Financial Holdings is likely to exit IIFL Finance and use the proceeds to part-fund the proposed acquisition of IDBI Bank, multiple people familiar with the Canadian investor's plans told ET. They said Fairfax has informed the government that it plans to merge CSB Bank with IDBI Bank once it succeeds in its bid to takeover the state-owned lender, billed as the biggest overseas M&A in Indian banking. Fairfax plans to sell its remaining stake of about 13.7% in IIFL Finance, for which the Canadian investor is in discussions with at least four private-equity investors for the stake, said the people cited above. Bloomberg had earlier reported Blackstone Inc is in the fray to buy a stake in IIFL Finance. Fairfax did not respond to queries until the publication of this report, while IIFL Finance declined to comment. You May Like At IIFL Finance's current market capitalisation of about ₹27,700 crore, Fairfax's remaining holding could be worth around ₹3,800 crore, or nearly $400 million, before any negotiated premium or discount is offered to potential buyers. Fairfax held 15.18% in IIFL Finance at the end of June but sold a 1.49% stake to Capital Group entities for ₹374 crore in July, reducing its holding to about 13.69%. Through the proposed exit, Fairfax plans to simplify its lending interests after acquiring IDBI Bank and avoid overlaps between the businesses. Fairfax is the frontrunner to acquire a combined 60.7% IDBI Bank stake from the Centre and Life Insurance Corp. Sources said Watsa could pay ₹81 per share for the lender, taking the total deal to roughly ₹53,000 crore, or $5.5 billion. "The deal was effectively sealed after the finance minister's recent visit to Canada. The remaining procedural steps, including the formal notification and share-purchase agreement, are expected to be completed shortly," said a person aware of the IDBI Bank divestment. Fairfax also owns 40% of CSB Bank. Unified Licence Instead of selling that holding, Fairfax now plans to merge CSB with IDBI Bank after completing the acquisition, the people said. "Fairfax had earlier explored a sale of its CSB Bank stake but did not receive valuations that reflected the capital it had invested in the lender," a person in the know said. "A merger would allow Fairfax to retain the franchise while operating the two businesses under a single banking licence." The Canadian investor is also looking to consolidate IIFL Capital Services with the wider IDBI Bank platform, giving the lender access to businesses spanning wealth management, broking, investment banking and capital markets.
Global asset manager Capital Group Companies Inc. has acquired a more than 5 percent stake in Shinhan Financial Group, r
Capital Group announces appointment of new Chief Information Officer. Aug 26, 2026, 15:00 ET Guillermo Veiga joins in November from Standard Chartered Bank in Singapore LOS ANGELES, Aug. 26, 2026 /CNW/ - Capital Group, the world's largest global active investment manager, announced the appointment of Guillermo Veiga as Chief Information Officer. He will join the company in November, succeeding Marta Zarraga, who will retire at the end of the year. Guillermo will relocate to California from Singapore, where he currently serves as Group Chief Information and Operations Officer at Standard Chartered Bank. "Technology, data and AI play an increasingly important role in how we deliver investment excellence, serve clients globally and scale our business," said Rob Klausner, Chief Operating Officer, Capital Group. "Guillermo brings a rare combination of deep technology expertise, operational leadership and global transformation experience. His track record leading large, complex organizations makes him the right leader to help advance Capital's long-term strategy and position us for the opportunities ahead." Born in Uruguay and raised in Spain, Guillermo began his career as a hands-on technologist and has held senior leadership roles across Europe and Asia at Amazon Web Services, Cisco and Banco Santander, pairing deep technical fluency with strong operating experience. "I was drawn by Capital Group's long-term commitment to its people and culture paired with its client-centric mindset," said Guillermo. "Capital is on the cutting edge of technology, and the opportunity to help lead during a period of global expansion for the company, amid the growing ability of data and AI to transform ways of working, is exciting." About Capital Group As Capital Group approaches its 100th anniversary in 2031, its long-term strategy remains firmly rooted in its mission to improve people's lives through successful investing. With over 9,000 associates and 34 offices around the world, Capital Group manages $3.6 trillion in assets for millions of wealth management and institutional clients around the world*. *As of June 30, 2026. SOURCE THE CAPITAL GROUP COMPANIES, INC.