Timothy Armour’s Success In The Business World

Timothy D. Armour is the current head of the Capital Group Companies and principal executive officer of the famous Capital Research and Management Committee. He studied at Middlebury College where he acquired a Bachelor’s degree in Economics.

He then joined the Capital Group companies as a participant in the Associates Program, but has since served in several other roles. The Los Angeles businessman is currently, besides chairman, an equity portfolio manager. He has had 34 years of investment experience with the company, having also served as an equity investment analyst where he covered global telecommunications and U.S service companies. Amour confirmed that his company would work with Samsung Asset Management focused on product supervision, investment administration, distribution channels and retirement organization.

The wall street Journal published an article of Tim Armour speaking on the merits of a passive investment approach. He explained that managers should be able to find value in multiple places by way of intense research and, in that way, help clients to do well in the long run. Before giving a client a green light on a project they want to invest in, the managers should have found out on the risk of the business; that will determine whether it’s worth to invest in a certain business or not.

Tim Armour was adamant that a good manager could deliver people with credit issues from being caught in the pangs of mortgage debts, school fees balances and retirement funds and help them make a turn around. Research from his company showed that active funds that have low expenditure and are well invested in passed the test; many managers had done so in the industry. In the words of Tim, no one hires average people but individuals opt for those who can help achieve beyond what most people have.