Investment Management Advice From Capital Group

With over 33 years of experience in investment, Timothy D. Armour is the chairman and chief executive officer of Capital Group.

The Capital Group is an investment management company launched in 1931 in Los Angeles, California. It is among the world’s largest and oldest investment company acknowledged for its long-term focus. It has offices in several cities among them London, Tokyo and Sydney.

Timothy D. Armour career started in 1983 still with the same company under an Associates Program. He has also worked as an equity investment analyst for U.S. service and global telecommunication companies. Tim graduated from Middlebury College with a bachelor’s degree in economics. In 2015, Tim took over the lead at Capital as the chairman immediately after the demise of James Rothenberg who was former chairman. Based in Los Angeles, Tim doubles up as the chairman and principal executive officer of Capital Research and Management Company, Inc. and chairman of the Capital Group Companies Management Committee. Moreover, he is an equity portfolio manager.

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Talking about investments and markets, Tim acknowledges that Market regime changes are time and again hard to identify. He believes that global markets are on the cusp of a new era of faster economic growth, interest rates which are rising and elevated inflation. He warns that times ahead would be more turbulent, with the coming of government’s policies day by day and that markets are facing inflection points which are driven by a surge of populism worldwide. After the victory of Donald Trump in November 2016, Armour noted that, markets were kind of fatigued, with equities having challenges to increase in prices and bond markets showing signs of being stable.

Capital Group and Samsung Asset Management announced a strategic partnership to combine forces in developing active retirement solutions and asset allocation products in 2015.With Capital Group assisting Samsung to understand active management and to provide management know-how in areas including business and clientele management. Tim Armour, quoted the agreement as a broader plan is to re-design investment advice to improving on savings, retirement and insurance needs of investors in Korea.

Concerning the U.S. economy in 2015, Tim says it was not growing in line with people’s expectations. Many supposed that the Federal Reserve would lead to increase in interest rates over time; however, Tim firmly affirmed that increasing rates was desirable as it reduces investors’ risks. Moreover, He believes that it was a bold move that in the long run will do good to the economy.

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