Председатель и главный исполнительный директор Capital Group
Timothy D. Armour is chairman and chief executive officer of Capital Group; chairman and principal executive officer of Capital Research and Management Company, Inc., part of Capital Group; and chairman of the Capital Group Companies Management Committee. He is also an equity portfolio manager. Tim has 34 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered global telecommunications and U.S. service companies. Tim began his career at Capital as a participant in The Associates Program. He holds a bachelor’s degree in economics from Middlebury College. Tim is based in Los Angeles.
You Don’t Have to Settle for Average Investing Returns. Here’s Why
The chairman of Capital Group says investors can find active managers who earn their keep
By TIMOTHY ARMOUR
Updated Oct. 18, 2016 2:10 p.m. ET
Timothy Armour is chairman of Capital Group, home of American Funds and one of the largest active fund managers in the world. The firm through funds owns shares of Netflix.
Imagine you’re an investor in the early 2000s. You have a choice: Buy stock in Blockbuster Inc. at its $5 billion peak market capitalization, or choose Netflix Inc., a fledgling publicly traded company. (Hint: Netflix today is worth $45 billion, and Blockbuster…
The Board of Directors of Capital Group, the home of American Funds and one of the world’s leading investment management firms, today announced the election of Tim Armour as Chairman of Capital Group. Tim is currently Chairman of Capital Group’s management committee and Capital Research and Management Company.
Tim, together with the other senior members of the firm’s management committee — Rob Lovelace, President, Capital Research and Management Company, and Phil de Toledo, President, Capital Group — will continue to work with the other members of the committee to set, communicate and implement Capital’s overall business strategies, as well as oversee operations. The change reflects a leadership succession plan that has been in motion for several years, and was formalized after the passing of former Chairman, Jim Rothenberg.
A proposal to create the first new American stock exchange in five years has set off a fierce debate over how to solve problems created by increasingly complex and high-speed stock markets.
The proposal comes from the Investors Exchange, or IEX, a company that became a symbol of the fight against high-frequency trading detailed in Michael Lewis’s book “Flash Boys.”
Simply put, the application submitted by IEX to regulators in September explains that as an exchange it intends to use a 350-microsecond “speed bump” to stand in the way of traders that place and cancel orders more frequently than that.