Timothy Armour is basically a portfolio manager. Having a bachelor’s degree in economics, Timothy Armour has been able to head one of the most amazing companies in the world. He is a man who previously worked as an equity investment analyst at Capital.
It is in 2015 that the Middleburry alumni Timothy Armour was then named the chairman of Capital Group. He succeeded James Rothenberg who had previously died of a heart attack. Timothy Armour was aged fifty-four at the time. Being highly skilled in active management, he was the best candidate at the time for this job. Also, his rich education background in economics added to his general qualifications.
In his time as head of Capital Group, he has been able to devise better ways of carrying out business. Such radical changes have been spearheaded by the need for Capital Group to yield better returns to the end of every year.
During the financial crisis of 2008, investors pulled out their assets from Capital Group. To prevent this from happening again, Timothy Armour had to reduce the number of managers in the company, and replace them with sales people meant to bring in more clients. Nevertheless, Capital Group’s method of stock picking has remained rather undeterred.
For instance, Capital Group is helping Korea recover financially. In Korea today, there is a shortage of the young and energetic population. Thus, modern technology in the Korean market has in the past gone unnoticed. However, Capital Group is planning to help the government of Korea to end this nightmare by bringing these products directly to the people. It is due to Timothy Author’s ingenuity that the institution has been able to penetrate the Korean market and also ended up partnering with Samsung.
Capital Group has been able to endure through the tides of time. Established in 1931, it is a company greatly respected by many people across the world. Its resilience has been a product of its top management coupled with the ability of its members of staff to serve customers in a friendly way.
Therefore, Timothy Armour has really taken Capital Group on the right path. It is under his management that this company will succeed in both local and international markets.