Capital Research and Management Company is the oldest and leading investment management company in the America with over $1.39 Trillion under its watch. The company began in 1931 and since 2015 it has been under the stewardship of Timothy D. Armour. However, his journey at Capital Group began in 1983 when he began as a participant in the Associates Program.
Tim’s Armour advice to investors
Tim agrees that investors need not to settle on index funds. In his view investors should consider low cost simple investments held for a long time. However, Timothy further argues that owing to the many mediocre and costly mutual funds that shortchange investors the right way to secure your future is to rigorously analyze and build an investment portfolio prior to investing in a company and what Tim knows.
Tim’s Armour Education and Work Background
Timothy is a graduate of Economics from Middlesbury College. He is currently the Chairman, Director and Principal Executive Officer at Capital Group. He is doubles as the Equity Portfolio Manager and the Group’s Chairman. He boosts of an investment résumé covering AMAC Fund, The New Economy Fund, Scotia Global Opportunities Fund, SMALLCAP World Fund and American Fund just to mention and Timothy on Facebook.
Tim’s Opinion on Capital Group’s partnership with Samsung Asset Management
In 2015, SAM partnered with Capital Group and in Tim’s words, this served as an opportunity for Capital Group to jointly design to meet the investors’ savings, retirement and insurance needs in Korea. Capital Group with its experience brought in expertise to aid in upgrading SAM’s capacities.
Tim’s perspective on Market selloff in September 2015
The slow pace in growth for the Chinese economy may have had an impact in the market sell-off in September 2015. Controlling up to 15% of the global GDP, the Chinese economy dented financial investment confidence affecting markets globally and more information click here.
Tim’s Opinion on Post Trump Market Change
Tim argues that the falling interest rates had adversely affected the financial system. The Post Trump era has seen a rise in stock prices and greater returns on investments terming the era as ‘real’ and Tim’s lacrosse camp.