Timothy Armour is Upholding Capital Groups’ Legendary Success Culture
Timothy Armour is a distinguished equity portfolio manager, CEO, and chairman of Capital Group Companies. He is a seasoned investment advisor and a financial analyst. His election as chairman of the company in 2015 came after the demise of the former head, Jim Rothenberg. Mr. Armour’s predecessor was a decisive, purposeful and talented leader who focused on the long term interests of associates, clients, and investors. His election makes him in the head of the world’s leading investment management firm and the chief custodian of American Fund. Two years later, he has shown his ability to set an implement various business strategies and more information click here.
Tim Armour graduated with bachelor’s degree in economics from Middlebury College in 1983. He joined Capital Group the same year as a participant in Associates Program. During his 33 years working at the company, he held various leadership positions. He at some point worked as an Equity investment analyst, a position that made him responsible for global telecommunications and U.S service companies. Before being promoted to be the company’s chairman, he was the chairman of Capital Group’s management committee and Capital Research and Management Company and learn more about Tim.
Since his election, Tim Armour has received recognition and respect from industry experts all over the world. On such experts is Janet Yang, a certified financial analyst. In her article on the Morningstar Advisor, she recollects the success of the company, generating assets worth $1.4 trillion to date and credits it to the company’s long-standing culture. She believes that Timothy Armour together with the committee members will continue fostering the tradition of Capital Group.
In 2015 the global economy experienced a massive market selloff due to the decline in China’s stocks and an unexpected devaluation of its currency. Sharing his thoughts on the same, Mr. Armour sees such occurrences as not just expected but also healthy as they eliminate excess pockets in the market. He counsels that investors should invest in strong companies even as China turbulently transits from a closed investment-led economy to the open consumer-led economy. Mr. Armour advice against fear for the future and believes that the US economy will sail through. His urge to all stakeholders is to continue producing what the people need and Tim’s lacrosse camp.