Capital Group is the largest American Funds company and the world’s top investment firm. Through their board of directors, Capital announced Tim Armour as the newly elected Capital Group chairman on 28th of July 2015.
Tim, collectively with the firm’s management committee comprising of President Rob Lovelace, and President Phil Toledo, will work to set and implement Capital Group’s main business strategies and supervise operations.
Capitals’ leadership change reflects a senior management progression arrangement that was necessitated by the passing of Jim Rothenberg, the former Capital Group Chairman. The potency of Capital Group comes from the associates aligned to deliver greater investment results to clients.
About Timothy Armour
Tim Armour is the chairman of Capital Group and the President/ CEO of Capital Research and Management Company. Tim is an equity portfolio manager with 32 years of asset management experience with Capital Group.
Tim Armour’s career started when he associate equity investment analyst at Capital Group, covering U.S. service companies and global telecommunications.
Capital Group’s partnership with Samsung Asset Management
Samsung Asset Management and Capital Group announced their partnership to develop investment strategies for investors in Korea. Capital Group forked out $1.4 trillion in assets while Samsung; an asset management company in Korea contributed $166 billion in AUM. Their investment goals comprise of developing retirement solutions, asset allocation, and enhancement of SAM’s dynamic investment competency.
Timothy Armour, the Capital Group’s chairman said that the critical achievement would be designing an investment solution that combines savings, retirement, and insurance related needs of Korean investors.
Tim Armour’s Advice To investors on Finding Active Managers
Tim Armour is an enthusiastic leader of Capital Group. He has continuously demonstrated the zeal to pass his wisdom and success to his subordinates. He regularly contributes investment insights for the Wall Street Journal.
The primary task of a long-term investment manager is to find value in numerous sources to assist investors improve their market average earnings over a period of time.
Tim encourages shareholders to target above for average returns on investing. He supports active management of funds with managers who tirelessly research profitable investment companies to produce the best market returns.
Tim Amour’s commitment to Capital Group and his experience in fund investment advice predicts real success for Capital Group’s future. Investors should look forward to a long term growth and Capital Group’s focus is to stay among the world’s top investment management firms.
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