Capital Group is among the biggest and the oldest investment management organizations in the United States and has global footprints.
The company operates internationally through its offices in the major cities in Asia, Europe, America and Australia. The company has one of the largest valuations of the assets under management, amount to over $1.4 Trillion. It only goes on to prove the Capital Group has been able to win among its investors and the stronghold of the company in the financial market.
Timothy Armour is the CEO and Chairman of Capital group, spearheading the company to achieving success globally through strategic planning, development of innovative financial tools, and exploring new markets and sectors of investments.
Timothy Armour understands that to expand and continue the momentum of growth for Capital Group in the future, taking the business to new unexplored markets is important. In this regards, collaborating with the international players in the field of finance would help Capital Group get an edge over its competition. It would help the company to penetrate and explore new markets far more quickly with local assistance from global partners.
He aims to follow the legacy of James Rothenberg, who was leading the company before Tim. The board unanimously decided to make Tim Armour as the company’s chairman after the sudden demise of James Rothenberg, who had made immense contributions to the growth of the Capital Group.
Timothy Armour to spearhead Capital Group to expand internationally recently collaborated with Samsung Asset Management based in Korea. South Korea is a market with high potential, and Tim wants to explore the market and make firm roots in the country’s economy with the help of a local partner, which would help Capital Group understand the dynamics of the Korea’s economy and operations.
Capital Group aims to help Samsung Asset Management with annuity and retirement planning financial tools while also partnering with investment management, distribution of products and services, marketing, product maintenance and administration. Tim has done graduation in Economics from the reputed Middlebury College and has over 33 years of experience working in the financial market.
Tim Armour believes that the U.S. economy after the Presidential Election and after Trump won the election may have been going through turmoil politically but has opened doors for economic opportunities. The corporate earnings can see a major rise shortly, especially as the interest rates have been increased a couple of times recently. In the long term, an increase of the Fed rate can help support most of the industries and the country’s economy in general.