On July 28, 2015, Timothy Armour was named the chairman of Capital Group. He initially served as the chairman of the firm’s management committee and Capital Research Management Committee.
Timothy Armour investment experience of 32 years with Capital Group, Armour holds a bachelor’s degree in economics and joined Capital Group after graduating from Middlebury College in Vermont, and is a champion of active management.
There have been fast growing economies and high inflation rates. This has resulted in the times of new US President-elect Donald Trump. Timothy Armour, pieces of advice investors on the uncertainties in the global markets due to regime changes to curb the high inflation rates in the new governing policies after noticing a shift in the stock markets with banks striving and doing well while real estate and utility sectors weakening.
The planning for investment answers are aiming to satisfy the savings, retreat benefits and assurance related requirements of Korean financial specialists. The Capital Group and Seoul-based Samsung Asset Management entered a key organization to collaborate on creating dynamic venture practices for institutional and retail speculators. Tim Armour’s view under the agreement portrays that Capital Group will aid the Korean partner to familiarize with Capital-style active management and work to offer knowledge in business and client management.
The 2015 September selloff was China’s unanticipated decision to degrade its currency, a shock to financial markets according to CNBC. China’s economic progression rate is slowing expecting that it will still be faster than many developed economies. The Trump reign will be accompanied by quicker economic growth, high inflation, and rising interest rates.
Find more about Timothy Armour: https://www.ft.com/content/28953b12-dccb-11e6-86ac-f253db7791c6