Timothy “Tim” Armour is the current chairman and executive principal of Capital Group, a private financial service company created in 1931. Tim is also an entrepreneur and a renowned portfolio manager based in Los Angeles. He has over three decades of work experience in equity management, investment banking, and development of actionable investment plans. Tim Armour is skilled in strategic management, hedge funds, and investment.
Timothy D. Armour’s Educational Background and Experience
Tim received his undergraduate degree in economics from the celebrated Middlebury College, a private liberal art college located in Vermont, United States. Upon completion of his studies, he joined an internship program that was being offered by Capital Group in 1983. Tim Armour in the associate program for a while and later secured a job as an equity investment manager. As an investment manager, he was in charge of global telecommunications and offered advisory management services to private investors.
A few months later, Tim Armour was promoted to an equity portfolio manager, a position that made him one of the members of the Capital Group’s management committee. For years, he served on the management committee together with Phil de Toledo, president of Capital group, and Robert Lovelace, the head of Capital Research and Management Company. Tim is still the chairperson of the committee.
In 2015, Tim Armour was named chairman of Capital Group following the unexpected demise of former chairperson Jim Rothenberg. In his acceptance speech, Tim vowed to work with other works and the management team towards achieving the goals of the company.
Tim Armour praised Rothenberg for his service to Capital Group. Based on Capital Group’s board of director’s decision, Tim will retain his position at the management committee. He will also work hand-in-hand with his colleagues Toledo and Lovelace in managing the company.
Timothy D. Armour Makes Deal with Samsung Asset Management
In an attempt to expand the portfolio of Capital Group, Tim entered a deal with Samsung Asset Management, a Korea-based company. Samsung Asset Management and Capital Group will be working together to develop retirement solutions for the Korean community. Additionally, Capital Group vowed to assist the Korea-based company to advance its investment capability. According to Tim, both companies have sufficient assets to co-develop the retirement and insurance plans required by their investors.
Additionally, Capital Group is skilled in the management of hedge funds and, thus, this partnership is bound to achieve its objectives.