CARMEL, Ind. (WISH) — Capital Group, one of the world’s largest active fund managers, has announced plans to expand its operations in Carmel, investing $13.5 million and creating up to 200 new, high-wage jobs by the end of 2028.

“Indiana is the perfect destination to support Capital Group’s growth now and for years to come,” Gov. Mike Braun (R) said in a release Thursday. “We look forward to the company’s continued partnership in accelerating job growth for Hoosiers.”

The expansion will take place at Capital Group’s Carmel campus at 11811 N. Meridian St., one of the firm’s primary client service hubs. Hiring for new client service and operations roles begins immediately.

Capital Group ...