Capital Group’s Response to Progressive Returns on Investments in Stocks

Timothy Armour was born in 1960. He joined Middlebury College for his Bachelor’s Degree in Economics. After completing his studies, he joined Capital Group in 1983 as a member of in the associate’s program. He then secured a job as the company’s equity investment manager. He was responsible for global telecommunications and provided management advisory services to individual investors. He then became Equity Portfolio Manager, and consequently a member of the company’s management committee.

A few years ago, Capital Group and Samsung Asset Management (SAM) collaborated on a project that aimed at creating a high-quality product for the Korean market. The products included a distribution channel support as well as a retirement package. Capital Group’s work was to offer training programs to the existing and potential consumers. When asked to comment on this partnership, Timothy Armour said that Korea and many other Asian countries need to address the needs of their high aging population.

Speaking on the issue, Tim Armour said that the partnership would not only benefit SAM but also the Korean people. Getting good returns from investments helps in the general growth of a country. He said that their aim was to cater for the needs of Korean investors. They would use strategies that have worked for Capital Group.

Tim Armour is adamant an active fund manager should be ready to put his money together with the client’s funds. They should also charge the lowest possible fees and focus on mid to long-term investments. This gives them enough motivation to put their best in it and earn alongside their clients.

He is in charge of American Funds, one of the biggest investment funds. It is popular for its low management fees and consistently high returns. Tim Armour is also associated with Smallcap World, New Economy Fund and Capital World Growth and Income Fund among others. To know more click here.

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