Long-term success In The Investment Business

Timothy Armour was elected as Chairman of Capital Group in July 2015. He is responsible for Capital Group’s management committee and Capital Research and Management Company. He has a rich 33 years of experience in the field of investment business gained during his employment at Capital Group.

Timothy has a bachelor’s degree in economics from Middlebury College. He began his career at Capital Group as one of the participants in The Associates Program and then diligently worked his way up the ladder.

Capital Group in Los Angeles has many successful partnerships behind its back. In 2015 Capital Group and Samsung Asset Management based in Seoul announced their strategic partnership in order to cooperate and develop active investment strategies for Korea-based institutional and retail investors. Capital Group has the whooping amount of $1.4 trillion in assets, and Samsung Asset Management has $166 billion in AUM. They will work together and develop various retirement solutions as well as asset allocation products in order to enhance Samsung’s active investment capabilities. It was stated by Samsung Asset Management spokesman that the partnership would be a highly beneficial one that will help them achieve their goal of becoming one of Asia’s top three home-grown asset management companies by the year 2020. Janet Yang who is an independent investment research firm analyst gives an A rating to Capital Group. She defines it as a stable and sound investment culture.

In 2016, Timothy Armour wrote an article for The Wall Street Journal which talks about how to find long-term active managers who can greatly contribute to a company. He states that one should not settle for average investing returns. A good, worthwhile manager finds value in a large number of places and thus helps the investors do better than just average. A good manager makes that happen for longer periods of time. They research companies well and make an in-depth analysis about them and continue to educate themselves daily so that they stay on top of the field of investment business. A good manager is also actively social and meets up with people such as investors and competitors alike. Timothy Armour gives a great insight of the matter in his article.

 

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