Timothy D. Armour, Tim, has over three decades’ experience in investment strategies. Tim was announced Chairman of Capital Group, a leading investment firm in 2015 after its former chair, Jim Rothenberg, passed away.
Tim has been serving in Capital Group, founded in 1970, all through his career life where he started off his employment by taking part in The Associates Program, in 1983. He was once an equity investment analyst in Capital, and currently, he serves as Equity Portfolio Manager at Capital Group Companies, Inc. Tim went to Middlebury College and is a holder of Bachelor’s Degree in Economics.
Assuming his new role, Armour will work together with senior members of the firm to achieve its mission, handing long-term investment outcome. Tim maintained that the success of the Los Angeles based Capital Group comes from collective efforts of its associates, and will carry the 84-year legacy forward of commitment to its clients.
Tim advises on how to keep active managers by keeping their fees low and not mix up their portfolios. He stated that there are better options in the investment market, and clients should not settle for standard returns.
An essential partnership between Capital Group and Samsung Asset Management has been established gearing towards the enhancement of Samsung’s investment capability. The collaboration aims at developing investment strategies for institutional and retail investment clients in Korea. They will attend to; retirement solutions, investment administration, distribution support, and product supervision in the Korean market. Capital Group will assist in the analytical challenges in Korea, co-designing investment results for the financial wants of a growing population according to Tim.
Capital Group was given a rating award by Janet Yang, an independent investment firm analyst for keeping up their authority in the investment market. Yang stated that Capital Global maintains their rigid and booming investment culture led by its portfolio managers.
China’s stocks and currency have been moving along a downward trajectory, and it’s an alarming issue for investors. China made a selloff decision due to the devaluation of its currency, and this was a catastrophe to financial markets since China holds 15% of the gross domestic commodity. Tim comments on this leap China has taken is that; internet companies in the country could bear an opportunity during the selloff since they have great valuations and worldwide.
Capital Group has recognition in exceptional performance while offering long-term investment results. Tim, with continued research on active management, will help the company to achieve more greatness.