Timothy Amour Takes Control of Capital Group

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Timothy D. Armour is the chief executive officer and chairman of Capital Group. He took over the chairmanship on 28th of July 2015 after the election by the company’s board of directors. Armour has more than three decades of experience as an investor at Capital Group. Armour served as Capital’s investment analyst covering United States telecommunication services and world’s telecom. His first job at the company was a participant in the Capital’s Associate program.

 

Timothy Armour has an economics degree from Middlebury College in Los Angeles. After graduation in 1983, he joined the Associate Program at Capital Group, which marked the beginning of his lifetime career at the company. Armour’s current position at Capital put him in charge of one of the global leaders in the investment management industry. He identifies the key to success in the investment management sector a firm’s collective talents targeted at pursuing the company’s mission. Armour observes that smart managers evaluate companies and estimate or determine companies’ prospects in distant or foreseeable future. He cites the example of baby boomers healthcare, which ostensibly intersects with innovative therapies. Armour deduces that an active strategy to exploit such opportunity requires financial analysis to establish the risk-reward scenario before investment. He emphasizes the work of good managers to better themselves to rival the market particularly in a troublesome some market and more information click here.

 

Capital recently entered into a partnership with Samsung Asset Management t to build asset management products and competency in its Korean market. Tim Armour, Capital chairman, lauded the partnership with Samsung for its benefit to Koreans and Korea institutions in helping them realize their long-term investment goals in the same way as Capital Group’s success in the United States market and globally through assets management and holistic market cycles. Janet Yang, the CFA a long-term worker at Capital, praised Armour’s appointment as the perfect choice to fill in the shoes of the late Capital chairman Jim Rothenberg. She particularly lauded the company’s accountability and administrative measures and linked them to its long-term success. Capital currently commands $1.3 trillion capital in the form of asset and learn more about Timothy.

 

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