Capital Group, the US asset manager with $3,400 billion under management, is strengthening its London team as it prepares to expand its range of active ETFs outside North America.
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Article created by the editorial staff of ETFWorld.co.uk
Jamie Sinclair, Head of ETFs for Europe and Asia-Pacific at Capital Group
Sinclair joins from BlackRock, where he was head of iShares product distribution for the EMEA region.
Capital Group, one of the world’s largest and most experienced active asset managers, with assets under management of $3,400 billion (as at 30 April 2026), has appointed Jamie Sinclair as Head of ETFs for Europe and Asia-Pacific. Based in London, Sinclair will be responsible for developing and leading the firm’s active ETF business in both regions.
Sinclair joins Capital Group after more than ten years in leadership roles at BlackRock, where he most recently served as Head of iShares Product Distribution for the EMEA region (Europe, the Middle East and Africa).
Scott Davis, Head of ETFs at Capital Group, said: “We are delighted to welcome Jamie Sinclair to Capital Group. Jamie brings with him extensive experience in ETF distribution and a deep understanding of client needs in Europe and the Asia-Pacific region. With over fifteen years’ experience in the sector, his leadership will be instrumental in supporting our continued expansion in the region”.
Jamie Sinclair, Head of ETFs for Europe and Asia-Pacific at Capital Group, said: “I am delighted to be joining Capital Group at such an exciting time for the company. The firm stands out for its long-term investment approach, its strong research culture and its unwavering commitment to serving clients. I look forward to working with my colleagues to drive the business’s growth in Europe and the Asia-Pacific region.”
A product range built in the United States
In the United States, Capital Group offers 25 actively managed ETFs and eight ETF-based model portfolios. The firm is the third-largest issuer of actively managed ETFs in the US market, with a 7.4 per cent share of the segment (source: Morningstar Direct, US ETFs ex-FoF, as at 31 May 2026). It also manages four actively managed ETFs in Canada.
The group entered the US ETF market in 2022, at a time when some observers considered it to be lagging behind competitors already established in the sector. Since then, inflows have been substantial: according to Davis in a recent interview with VettaFi, the US range has reached approximately $150 billion in assets under management. The market environment has also changed significantly over the same period. In the first quarter of 2026, active ETFs accounted for around 42 per cent of net inflows in the US ETF market, compared with around 9 per cent at the time of Capital Group’s launch.
Unlike some managers who have focused on quantitative or options-based strategies, Capital Group has maintained a fundamental and active approach, transferring the same investment process applied to its funds to the ETF format.
Strengthening the European team
Sinclair’s appointment forms part of a wider drive to build up the European team. In February 2026, the company had appointed Jim Goldie, formerly of Invesco, as Head of ETF Capital Markets for Europe and Asia-Pacific, also based in London. In the preceding months, the group had begun recruiting senior staff in London, dedicated to capital markets and product development, in preparation for a range of UCITS ETFs. Sinclair’s remit, focused on business development and distribution, thus complements Goldie’s role in the capital markets.
In Europe, ETFs take the form of UCITS products, the standard regulated vehicle for retail investors and the majority of institutional investors. For a US issuer, entering the European market requires adapting strategies to UCITS rules and building a dedicated infrastructure, ranging from disclosure documentation to relationships with market makers and authorised participants.
The European market landscape
Active ETFs are among the fastest-growing segments of the European market. Industry data indicate that assets in European active ETFs grew by 86% in 2025, following a 68% increase in 2024. The share of net inflows directed towards active UCITS ETFs rose from 2.1% of the total in 2020 to 6.1% in 2024; Deloitte also estimates that in the United States, assets under management in active ETFs could reach $10,900 billion by 2035, with Europe on a similar trajectory.
The sector’s growth has attracted several US active managers, who are preparing for or have already begun their entry into the European UCITS ETF market. Against this backdrop, Capital Group aims to position itself as the partner of choice for financial intermediaries and institutional clients, bringing to the European market the approach that has underpinned its growth in the United States.
Capital Group
Capital Group is one of the world’s largest and most experienced active asset managers, with assets under management of $3,400 billion as at 30 April 2026. The company is characterised by a long-term investment approach and a management model based on in-house research.
Source: ETFWorld.co.uk
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