Fund Management

An Active Fund Manager Brings Fortune – A Real Life Story

The Chairman and Chief Executive Office of Capital Group, Timothy Armour’s life is quite similar to what he sees in day-to-day life, fluctuations. Like the shares, he handles the crunch situations with great self-confidence and drives to the desired result. Timothy Armour has 33 years of experience in investment management, and throughout his career, he was part of Capital Group. Capital Group is the largest and oldest investment management firm which has service over 80 years. The firm was founded in 1931 in Los Angeles to help the investors on market research in the wake of the stock market crash dated 1929. Now, the firm has offices in 20 cities across the world including Tokyo, London, and Sydney.

Tim joined the company in 1983 as an Associate, and within a short span he proved his mettle and grown within the organization. He assumed various roles in the organization during his long career. During Timothy Armour stint as Equity Investment Analyst, he brought fortunes to the firm by covering U.S. service companies and telecommunication companies around the world. Timothy Armour is also serving as Equity Portfolio Manager at Capital.

It was in July 2015; he assumed the role Chairman and CEO of the firm in the wake of the sudden demise of the former chairman Jim Rothenberg. Before that, he was serving as the Chairman of firm’s management committee. During the role, he took active participation in getting an in-house research that shown long-term benefits of some active fund management. He also worked rigorously to reduce the secrecy level of the firm and started communicating to the media.

Timothy Armour also advises the investors not to invest for average returns. “No one goes to an average of all doctors or average of all attorneys,” he said in an interview. He asked the investors to hire an active manager who can provide excellent returns with minimal fund fees. One of the Capital Group’s research shown that active funds with fewer expenses and if the fund manager has invested a substantial amount of his money, such funds mostly beat the benchmarks and give good returns. He also advises that there are some active fund managers who surpassed the benchmark in the long term.


One Comments

  • Gary Simpson

    April 4, 2017

    He is a strong proponent of active fund management and unified support of the fund managers on the same. Tim has completed his bachelor’s in economics from Middlebury College, and he is based in Los Angeles. It also make sense that could have done enough of this to ensure strict compliance on things that are very secure.

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