Tim D. Armour is the current Chairman and Chief Executive Officer of the Capital Group of Companies, Inc. According to the company website Capital Group of Companies, the 57 year old CEO is also an experienced equity portfolio manager and the Principal Executive of Officer of Capital Research and Management Company, Inc.
The entity is part of the larger Capital Group. The Los Angeles based integrated services company offers broad ranging investment management services, including managing and underwriting funds and providing financial services. The clients served by the company include financial advisors, high net worth investors, institutions, consultants and financial intermediaries.
Timothy boasts a solid 33 years of investment management experience, which began when he was Equity Investment Analyst Capital Group. Under his tenure, Tim played a crucial role of advising global telecommunication and service companies in the US. Tim leads CGC with the help of an experienced management team consisting of the President of Capital Research and Management Company, Mr. Robert Lovelace and President of Capital Group of Companies, Mr. Philip de Toledo.
Capital Group attributes its growth and success to the strong partnership between the management and a team of close to 8,000 associates. The entire team is committed to delivering investment and advisory solutions while upholding the company’s long legacy of excellence. Because of his vast experience in the investment area, Tim is usually consulted on various global developments.
One such event is the global market meltdown that started in China in 2015. Tim attributes the sell-off in the US to market corrections after 6 year bull ran because most of the stocks were unfairly valued. The selloff in China is attributed to China’s unexpected decision to devalue its currency. According to the company website, the Chinese economy has been growing steadily and unperturbed in the last 3 decades. This world’s second largest economy now accounts for 15% of the entire global economy.
According to the website Relationship Science, Tim holds a Bachelor’s degree in Economics from Middlebury College, a private liberal arts college based in Vermont. The college stands out as one of the oldest liberal arts colleges in the US, having been established in 1800.