Supervising One Of The Biggest International Financial Institutions With One Of The Leading Experts In Finance
Capital Group specializes in financial services and ranks among the most popular and largest investment management organizations. The group’s management assets are currently valued at $1.39 trillion. It was established in 1931 by Jonathan Bell Lovelace whose vision was to use fundamental research in order to acquire long-term investment results.
Today, it has a reputation for being one of the greatest international investment institutions. The group’s management team employs the ideologies of debating, discussing and communicating among team members to discuss unique ideas that enable them to reach a consensus and make better decisions. Any company aiming to reach such heights of success cannot achieve this level of accomplishment without a sound environment and workplace routine. Capital Group has enriched a culture where all ideas are heard, and every opinion is taken into consideration. This results in the formation of a team that works with a sense of purpose towards a common goal and shared a set of values.
In 2015, Timothy Armour was appointed as the Chairman and Principal Executive Officer of Capital Group by its Board of Directors through an election process. He is also the chairman and principal executive officer of Capital Research and Management Company Incorporated which is a part of the Capital Group. Tim Armour is an expert in financial investments with 33 years of experience in this field.
Before being elected as the Chairman, Mr. Armour joined Capital Group as an equity portfolio manager. While being appointed as a portfolio analyst, he had the opportunity to work with US service companies and telecommunication organizations. He started his career in financial investments when he joined the Capital as a participant in The Associates Program.
He holds a bachelor’s degree in economics from Middlebury College and is a native of Los Angeles. Timothy Armour believes that there are several global investment themes in 2017. According to his expertise, these include interest rates as they have reached an increase twice this year. Moreover, companies will have faster and more rapid corporate earnings this year because of how swift the progress of global domestic product is, on an international level.
Armour also theorizes that global growth is increasing at another level owing to the elections in 2016. He further highlights how global growth also depends on the varying environments of countries/regions like Japan or Europe making them crucial players globally. There is a need for the global economy to progress regardless of its diversity as this is the only way corporate earnings will grow according to our requirements. Mr. Armour believes that Global monetary authorities need inflation in the system because this will result in the commodity-oriented business experiencing exponential growth. This would also have a positive spill-over effect on many other businesses, thus benefiting the entire economy as a whole.