The New Chairman and CEO at Capital Research and Management Company

Mr Tim D. Armour is the Chairman, Director, and Principal Executive Officer at Capital Research and Management Company. He started working at The Capital Group Company in 1983 and has accumulated several years of experience in the industry. He acquired his Bachelor’s degree in economics at Middlebury College. This is a private college located in Middlebury, Vermont in the United States.

Tim Armour then joined The Capital Group as a participant in the associate’s program. His level of commitment was recognized and was promoted as an equity investment analyst. It was at this position that he covered global telecommunications and the United States companies.

Tim Armour was elected the chairman by the company board members succeeding James Rothenberg who died of a heart attack. He has continually defended the track record of the company’s stock pickers in his Los Angles office. He said in his recent interview that he follows his number one mantra ‘’ we will get you better returns over time’’, this has brought him success in his career.

Tim is a team-player and has often suggested to their investors that they must seek the services of active managers who believe in earning from quality input. According to Tim, the best managers devote a lot of time to research and analysis so that they can uncover perceptions on the companies’ upcoming opportunities.

Keep Reading: http://www.prnewswire.com/news-releases/capital-group-board-elects-tim-armour-as-chairman-300119929.html

According to Janet Yang, CFA, the Capital Group has experienced some transitions and the company’s stocks have trailed bonds. The materialistic allocation funds are being given priority and it has emerged ahead of moderate allocation funds. This has resulted in materialistic funds having the smallest stakes in equities while the moderate one ends up the most. However, Janet claims that checking in detail; the allocation funds can be said to be successful.

According to Tim Armour, The United states economy is not growing as strongly expected in the second half of the year. The expectation has been that the Federal Reserve will increase interest rates sooner rather than later. According to him the Federal Reserve still needs to go ahead with raising rates because near-zero interest rates come with undue risks to investors.

Click here to learn more about the Capital Group.

1 thought on “The New Chairman and CEO at Capital Research and Management Company”

  1. Tim was promoted to assistant chairman where he worked together with other senior members in adjusting, passing and implementation of Capital’s overall strategies as well as monitoring its operations. This might so important for rushmyessay blog to be able to consider some of these things properly and use so well too.

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