Steve Watson

Capital International, Inc. (Hong Kong) (CII HK) is the investment advisory division of Capital International Inc., ultimately held by US-based The Capital Group Cos., Inc. The firm is headquartered in Hong Kong and was founded in 1983. CII HK provides investment services to a range of clients such as individuals, families, businesses and institutions.

Capital Research & Management Co. (CR&M) is a SEC-registered investment advisor headquartered in Los Angeles, California. The firm was founded in 1931 and is a wholly-owned subsidiary of The Capital Group Cos., Inc. CR&M is the investment adviser to the Capital Group exchange-traded funds (ETFs) and to the American Funds family of mutual funds.

Capital Research Co. (CR-HK) is the Hong Kong subsidiary of Capital Research and Management Co., the wholly-owned mutual funds subsidiary of US-based holding The Capital Group Cos., Inc. Formerly known as Capital Research Global & Management, Inc. (Hong Kong), established in 1983, CR-HK's clients include private individuals, corporations, banks, trusts, insurance companies and retirement plans. The firm is the investment adviser to US-domiciled American Funds and ranks among the world's largest investment management firms.

Capital Research & Management Co., dba Capital World Investors (CWI), is an investment advisor headquartered in Los Angeles, California. The firm is a division of Capital Research & Management Co., which is ultimately owned by the Capital Group of Companies. In 2013, The Capital Group restructured their equity investment group and divided the group based on specific investment objectives rather than around particular products or clients. The investment group is now divided into three independent equity divisions, Capital World Investors, Capital Research Global Investors and Capital International Investors. Each division has the flexibility to manage any of the investment objectives or any of the investment vehicles the Capital Group offers. CWI is the retail entity of the Capital Group.