Timothy is the Chief Executive Officer and Chairman of Capital Group, which is the colossal investment manager in America. He is a seasoned investment expert fund who does not shy away from airing his investment knowledge. This has been backed up with his extensive experience and his education background to know more: https://www.thecapitalgroup.com/us/about.html click here.
He differs with Warren Buffett in the concept of low-cost, simple investments that use the bottom-up approach. Viable investment strategies should focus on building a durable portfolio proven over time. From his insight, mutual funds operating below par due to skyrocketing management fees and over subscription in trading. He says most investors fail for undermining the opportunity costs and volatility risks which reduce the returns margin.
Apparently, a sample of passive investors used in a survey revealed that investors knew nothing about the loss they subject themselves onto in mutual index funds during the market recession. While those who did, surprisingly they still pursue them all the same; no wonder the bull market history still stands. An investor would get more returns by investing with the American Mutual Funds, AMCAP, Investment Company of America or the Washington Mutual Investors Fund.
American should be keener on making investment options fruitful especially on retirement plans. The 401 (K) Generation should venture in profitable schemes which yield high returns and assure you of peace of mind. Persons looking for fund managers should take the two simple filters; expenses and ownership costs.
About Timothy Armour
In 2015 he became the Capital Group Chief Executive Officer and Chairman although he has worked with Capital group for about 32 years. He has a triumphant career journey from being a participant in the Associate Program to an equity investment analyst and eventually the equity portfolio manager. He later rose to become the chairman of the management committee. Timothy Armour worked for the telecommunications and the US service companies. Elsewhere he is the Senior Vice President of The American Funds.
Timothy studied economics at the Middlebury College. He has supported the JASON foundation in education enhancement. He is affiliated with the HAVARD Business School as a senior external relations and fundraising official.