Timothy Armour is an experienced equity fund manager based in Los Angeles. He is the Chairman and CEO of Capital Group, a financial services conglomerate based in Los Angeles, California. The company was established in 1931. It is one of the largest investment management firms. Capital Group has over seven thousand employees and manages more than $1.5 trillion in assets.
Tim Armour oversees the overall group strategy and is directly in charge of several subsidiaries. The group consists of numerous divisions such as Capital Research and Management, American Funds, and Capital Group International among others. In a recent commentary, Warren Buffet argued that most investment managers are not worth it. Tim responded by expounding on some of the progress he has made for his clients.
Tim Armour graduated from Middlebury College. He briefly worked as a fund manager for Scotia Capital, a Toronto-based financial services company. He then joined Capital Group in 1991 as a graduate associate. He handled the research and analysis of equity from telecommunications and service firms in the US. He sharpened his investment experience by actively managing several equity funds. This enabled him to rise through the ranks to executive positions.
Tim Armour has served as the Senior Vice President of American Funds. He is also affiliated with Associates Capital Group. He is vocal about investment strategies. Tim Armour encourages new investors to take the time to find active fund managers. An active fund manager will help investors outperform market benchmarks. Click here to know more.
They will also help investors protect and grow their wealth regardless of the amount of volatility in the markets. Comprehensive research and analysis of assets is essential. This helps the fund manager uncover insights that are key in projecting earning prospects. It involves physically meeting with stakeholders and evaluating the risks involved versus the rewards.