Meet the Chairman and CEO of Capital Group Companies
In mid l2016, the Capital group announced that Tim Armour was to take over the leadership of the company. This was after the death of the then chairman and CEO James Rothenberg.
For a long time, Timothy Armour served as the vice chairman to Mr. Rothenberg. After his death, Tim was the most qualified successor. Since there was no resistance to his appointment, he took over the leadership of the company soon after the announcement.
Timothy started his career in 1983 when he joined the Capital group as a participant in their associate programs. He later advanced in ranks and become the vice chairman and now the chairman of the Capital Group. In addition to this position, Tim is also the equity portfolio manager of the Capital group of companies.
Before acquiring this position, Tim served as the Equity investment analyst at the company. In this position, Timothy covered a wide range of different duties including global communications.
Timothy Armour attended Middlebury College where he did his bachelor degree in Economics. He has affiliated with many other organizations apart from the Middlebury College and the Capital Group Company. Some of his affiliations include; the new economy fund and the Scotia Global Opportunities fund.
Advice From the Business Mogul
If you are looking to managers, Timothy has a word of advice; look for managers who are worth the time and will bring returns. You don’t have to settle for average investment opportunities. The job of an active manager is to find new opportunities that the investors can take advantage of.
According to Tim Armour, the difference between the successful and the average investors is the managers. The best managers will always spend a substantial amount of time in researching companies. They use in-depth analysis to form their reports on the investment opportunities. If you want to increase your investment returns, you need to hire an active manager.
About Capital Group Companies
The Capital Group is a financial service company that is based in the United States. It is one the world’s largest investment management companies. The company was founded in 1931and even though it is a large company; it is still a privately operated company.
The company offers a wide range of services to its customers including; separately managed accounts, American funds, private equity, investment and subsidiary services. It is an internationally recognized company with branches all around the world.