The Los Angeles-headquartered investment firm has established a presence in the Netherlands.

Capital Group has opened an office in Amsterdam and appointed Martin Hofmanof as country marketing manager for the Benelux and Nordics regions.

In the newly-created role, Hofman joins Feike Goudsmit and Marnix van den Berge, who respectively lead Capital Group’s business development activities in the Benelux institutional and financial intermediaries markets. 

He joins from Columbia Threadneedle Investments, where he led institutional marketing activities in Europe, the Middle East and Africa.

“Our Dutch office is the latest in a series of new European offices we have opened over the past two years and is an essential part of our ambition to deliver long-term, reliable asset management services for Dutch, and European, investors, as well as expanding our global footprint,” said Rob Lovelace, senior member of Capital Group’s management committee.

Capital Group has sales branches in Amsterdam, Frankfurt, Geneva, London, Luxemburg, Madrid, Milan, Munich and Zurich. As of the end of 2015, the group had $1.4 trillion in assets under management.