Capital Group has made some changes of the last couple of years and in 2015 they have brought onboard an energetic executive with a wealth of experience to run their firm. Timothy Armour was named the Chairman of the Board of Directors of Capital Group as a result of the passing of former Chairman Jim Rothenberg. Mr. Armour has over 32 years of experience as an investment specialist and he has spent all of his time working in the investment industry with Capital Group.
Mr. Armour holds a bachelor’s degree in Economics from Middlebury College in Vermont. Mr. Armour began his career at Capital Group when he was accepted to participate in the firm’s Associates Program. This program was designed to give Mr. Armour all of the necessary training and career development skills that would be needed in order to perform effectively with Capital Group. Mr. Armour’s analytical expertise while working with Capital Group has also helped some global telecommunications and U.S. service companies make some pretty smart investment decisions.
Ms. Janet Yang, Certified Financial Advisor, and colleague of Mr. Armour at Capital Group holds Mr. Armour in high regard. Ms. Yang especially understands the advantages that Mr. Armour brings to the group. She understands Mr. Armour’s strategic ability to see the possibilities of what a marketplace will look like in the future.
Currently Mr. Armour is working with Samsung Asset Management and they are working together to bring retirement solutions and asset allocation solutions to the marketplace. This co-partnership will also be an enhancement toward Samsung Asset Management’s investment capabilities. Mr. Armour briefly stated that the partnership will enhance the quality and participation of Korean citizens through the Samsung Asset Management partnership.
According to Mr. Timothy Armour the September 2016 market selloff is a true indication that a financial correction is going to be coming along in the near future. Mr. Armour stated that he strongly believes that market corrections are healthy for the economy, and they remove unwanted excess out of the marketplace. Mr. Armour also believes that the September 2016 sell off is also an indicator that the investment economy is gearing up to be more openly shared with the public, rather than operating traditionally as an economic engine that is closed to outsiders.
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