The Investment Prowess of Capital Group

Timothy Armour was promoted to the position of the chairman of the Capital Group in 2015. This is in accordance with the succession culture at Capital Group of leadership in the company, this following the death of the former Chairman, Jim Rothenberg. Due to his working history at the Capital Group he has gained immense, he has over 30 years of experience in investment. Capital Group manages over $1.4 trillion assets. It one of the biggest hedge fund in the U.S.

Timothy Armour has an impressive education background, he attended the prestigious Middlebury College where he earned a Bachelor’s degree in Economics. Timothy Armour is based in Los Angeles California, apart from working for the Capital Group he is also the Chairman of the Capital Research and Management, Inc. part of his career he has also served the U.S. services companies as well as telecommunication companies. During his initial stages of his career, he was working at Capital Group as an analyst of an equity investment.

As a result of Timothy Armour’s impressive career as well as his immense experience he is trusted for his opinion, particularly on a matter involving investment. On this subject regarding investment, Timothy Armour has written extensively weighing his opinions. He says that investors should find active managers who can earn their keep. He is the opinion that actively managed funds perform better in the long term compared to the index managed funds. He gives a scenario of the Blockbuster worth in the 2000s he says that it was a worth millions of dollars while during at the same time Netflix was a fledgling company. He notes that Blockbuster is bankrupt while Netflix is worth over $45 million.

He says that unlike the actively managed fund index managed funds have no way of discerning the shifting of the market either because of the industry or due to the strategies adopted by the company. He says that it is important for investors to seek out an investor who spend most of their time researching and studying as well as doing deep analysis in the companies where the hold funds or the one that would be a good investment for their funds as well as its investors.

Capital Group entered a deal with a South Korean firm known as Samsung Asset Management, this was under the leadership of Armour. The both firms will be working together to build up retirement package for the Korean market. Armour noted that both firms have the capacity to come up with the retirement and insurance packages that their investors desire.

Source: http://www.investmentnews.com/article/20150729/FREE/150729863/capital-group-parent-names-armour-chairman-replacing-rothenberg

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