Timothy Armour performs his functions as the head of the capital group. The capital group is the center of the American funds, and he is one of the hardworking fund managers in the world. Armour succeeded James Rothenberg as the chairman of the Capital Group.
Just recently, Tim Armour was working the head of the company’s management committee. The firm manages more than $ 1.25 trillion of customers. Most of the money is in equity mutual funds. He joined the capital group after he was through with his college education at Middlebury College, which is located in Vermont. His good education has made him be a hero in active management.
Rothenberg, who is a former chairman of the company, joined the firm in 1970, and he has been helpful in the expansion of the company worldwide. According to Armour, the company’s strength mainly comes from its pool of talents who are capable of delivering long-term investment results.
Capital Group recently made an announcement of its strategic partnership it has launched with the Samsung Asset Management. The association is meant to enhance its global investments and asset management products that are aimed specifically for the Korean Market.
Many renowned analysts, including Janet Yang, have recently given the Capital Global an excellent rating for its endurance.
According to Yang, the Capital Group, which has more than 7000 employees, has continued in the advancement of sound investing and creation of reliable results. In the report, she claims that Capital Global will continue being a solid model of robust investment culture, which has been made possible by long-term managers such as Armour.
Before joining Capital Global as the Chairman, Armour performed his duties as the equity investment analyst, equity portfolio manager and global telecommunications expert. Most of the asset managers including Armour are, however, skeptical that the entry of Donald Trump is going to end the sluggish economic growth, which has resulted in subdued interest rates in the country. Know more about Tim Armour on Bloomberg.