Timothy Armour is an investor, equity portfolio manager, and a business magnate, currently working as the CEO and Chief Director of Capital Group. Timothy Armour ranks among the best fund managers globally, and it is not hard to see why. Timothy has been in the investment industry for over three decades, something that has enabled him to gain unimaginable experience.
Timothy was appointed as the chairman of Capital Group back in July 2015, a position he still holds to date after the untimely death of James Rothenberg to a heart attack. Timothy also doubles up as the principal executive officer and chairman of Capital Research and Management Company, a subsidiary of Capital Group. Capital Group is a group of companies that primarily deal with funding various business-oriented projects. The company through its funds owns a part of the Netflix Company, and it has an estimated worth of more than $1.4 trillion in assets, making it the biggest privately-owned funding company in the USA.
Timothy Armour is an alumnus of the prestigious Middlebury College where graduated with a Bachelor’s Degree in Economics. After graduating, Timothy joined the Capital Group as a young fresh mind where he took part in The Associates Program. Since joining Capital Group, Tim has continued to rise above the ranks to his current position as the company’s Chief Executive Officer.
According to Janet Yung, Capital Group has been able to stay afloat in the competitive market mainly due to the efforts of each and every employee in the company, as well as its observation of the corporate culture. Based on Yung’s perspective, Capital Group will keep growing under Tim’s guidance because Tim is well-experienced, and understands the culture of the company since he has been around for long.
Capital Group and Samsung signed a strategic partnership deal that would see both firms contribute funds to oversee the development of investment strategies brought forth by retail and institutional investors in Korea. According to Timothy, the partnership will co-design various investment solutions and enable the Korean investors to fulfill their retirement savings, as well as create an environment for insurance-oriented needs.
According to Tim, the market selloff sparked by China was expected, and it should be embraced since it creates a healthy market for each and every investor. Apart from this, the market selloff will open more opportunities in the internet world since the companies based in China offer their valuations at more friendly costs, as compared to those based in the USA.