He serves at Capital Group as its chairman as from July 2015, following the loss of previous chairman, Jim Rothenberg.
Timothy is based in Los Angeles and has been working with Capital Group throughout his career lifetime, where he started as an equity investment analyst. Tim maintains that the strength of Capital Group lies in the collective efforts of its workforce and not any one individual.
Tim advises on how to keep active managers by keeping their fees low and not mix up their portfolios. He stated that there are better options in the investment market and clients should not settle for standard returns.
Recently, Capital Group Collaborated with Samsung Asset Management. Together they have come up with a project on retirement funds, savings, and insurance solutions throughout Korea. Each company will collaboratively work towards addressing the problem. Armour reckons that the partnership will serve both parties in their growth and enhance Samsung’s capability in investments.
China’s economy is slowly deteriorating with the decline in stocks and currency devaluation. The decline may affect its trading partners globally. Concerning China’s market sell-off, Tim suggests that their internet companies could serve as an opportunity since their valuations are appealing on a global level as compared to others.
After Trump won the elections, the investment market has declined. The shift in the market is real according to Timothy Armour. Tim maintains that although interests rates keep falling, this the lowest point he has ever come across. Industries such as banks are soaring higher, while industries such as real estate companies are heading to a pitfall.
About Capital Group
Capital Group has been in the industry for more than eight decades. They have offices throughout Australia, Asia, North America, and Europe. Capital Group offers services to individual investors, institutions and financial intermediaries. They have a vast selection of services and products including America Funds. It is determined to build long-lasting relationships with its clients, delivering excellent results using high-conviction portfolios.