Timothy Armour commonly known as Tim is the principal executive officer, director, and chairman of Capital Group. Timothy was elected for the position in July 2015 by the board of directors, the capital group limited. During his time of appointment as the chairman, he was the chairman of the company’s management committee of capital research and the entire management.
Timothy Armour’s appointment came as a result of passing on of the former chairman, Jim Rothenberg. His successor was a purposeful and very talented leader who made wise decisions in the best interest of his clients, investors, and of course associates. His colleagues deeply mourned his death, and it goes without saying that Tim has to work hard to fit in his shoes.
Timothy Armour attended Middlebury College where he pursued a bachelor’s degree in Economics. His academic achievement saw him join the Capital group in 1983. He has worked with the company up to date. Timothy Armour began working for the company as a participant in an Associate program that existed in the Capital Group. He has worked his way up the ladder from one position to the other till now that he is the chairman.
Timothy Armour advises investors to be aware of the financial system since it tends to be much stronger in the developed countries than in the developing ones. He insists that it should be seen as an unstable commodity, and investors should seek to find capable leaders and managers who can handle the situation. Investors should identify active managers for hire who are willing to invest in reliable companies for attractive prices.
Capital Group is the home of American funds and investors, and it has been successful since its initiation. Based in Los Angeles, Capital Group is the world largest investment firms. Janet Yang says that the company’s hardwork and the ability to choose successful investment vehicle has led to its growth and success all along.
In October 2015, Capital Group and Samsung asset management formed a strategic alliance to cooperate on developing assets management goods to be supplied in the Korean market. Timothy confesses that this is a good move since the partnership will help Korean markers and individuals to achieve their long-term investment goals just like the US has done. Timothy Armour’s perspective on the market selloff in 2015 is that it would correct the market value despite the American markets having been evaluated.