How Capital Group Has Set Itself Up for Success
Timothy Armour attended Middlebury College and graduated with a Bachelor’s degree in Economics. He started his career at Capital when he joined as a member of the associate’s program that was running at the time. He was soon promoted to an equity investment analyst at the company and his clients comprised of service firms in the US and global telecommunication companies. He has more than 30 years of experience in the investment sector which led to his rise to the top of Capital Group. Timothy is also a portfolio manager at Capital Group’s Los Angeles Office besides serving as the chairman of the company.
Tim was appointed the chairman and principal executive of Capital Research and Management after several years at the enterprise. Timothy was later named the chairman of the Capital Group Companies Management Committee. Timothy Armour was picked as the chairman of Capital Group in 2015 after his predecessor Jim Rothenberg passed away while on vacation. Armour worked closely with Rothenberg when he was chairman and was considered his deputy at the company. Armour said that they would work together with other executives at the firm to ensure that the enterprise maintains its excellent record. Armour has been credited for encouraging transparency within the company and has increased its engagement with the media while at Capital. He also collaborated with other executives at the company to conduct in-house research to illustrate the benefits of active fund management.
Janet Yang is an analyst at an investment research firm. Janet gave Capital Global an A+ rating for its continued success over the years. She added that the group was committed to creating a model which guaranteed returns in the long-term. This was due to their attention to detail when it comes to investing. This is a practice that they have used to stay at the top. Capital Group has a workforce of more than 7,000 and has assets that amount to more than $1 trillion. Yang praised the company for its robust investment culture which was bolstered by the portfolio managers who worked there including Lovelace, Armour, and Kopcho. She noted that most portfolio managers spent their whole careers at the company because of the culture and the environment.
Capital Group recently announced that they had entered into a partnership with Samsung Asset Management. The two companies would work together to acquire global investments and to offer assets to the Korean market. Capital Group will aid in drafting investment results for the market because the country had to cater for its aging population.