A Financial Executive Takes Active Investing Into The Future

Tim Armour is the Chairman and Chief Executive Officer of Capital Group as well as a portfolio manager. Armour, who has over 30 years experience of investment experience, was chosen as Chairman of Capital Group in 2016 after the passing of the company’s former Chairman, James Rothenberg.

Capital Group, founded in 1931, is a financial service and advice firm with over 1.4 trillion under management. The firm offers its services to governments, institutions, high-net-worth individuals, and regular individual investors as well. The company, based in Los Angeles, has a presence in countries around the world including nations such as Australia, Japan, Canada, and the UK.

Armour earned his Bachelor’s degree in Economics from Middlebury College in Vermont. He started his professional career at Capital Group in their “The Associates Program”. Today as head of the company he oversees corporate strategy and handles the overall operations of Capital Group. He also acts as a portfolio manager where he handles the accounts of some of the company’s most important clients.

In 2016 Tim Armour oversaw a strategic partnership that Capital Group has formed with Samsung Asset Management. In talking about the partnership Armour said that the companies will collaborate on product supervision, investment administration, distribution channel support, and retirement organization. He went on to say that South Korea, where Samsung is based, has challenges due to its aging population which formed the reason for the partnership.

Armour is a proponent of active investing. He has said that you don’t have to settle for average returns. He has also said that there are alternatives to benchmark returns which are much better and will provide better results. As long as an active manager invests in the funds he operates, doesn’t churn funds, and keeps expenses low they can outperform the market over the long term. Armour says that if you can find an active manager who earns their keep you will find great success in saving for retirement.

 

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