In 2015, upon the passing of the company’s chairman Jim Rothenberg, Tim became the Chairman of Capital Group. Currently, he is also the company’s equity portfolio manager, director, and principal executive officer.
The Global Investment Themes to watch in 2017, according to Tim Armour
On January 2017, Tim Armour, the Capital Group portfolio manager shared his thoughts on the global investment themes to watch in the year ahead.
The first issue that Tim said will be watched is interest rates. This is mainly because the Fed raised the interest rates for the second time. Another important thing to be observed is the corporate earnings. Corporate earnings are going to depend on how fast the global domestic product will be growing. An increase in corporate earnings will be an indicator of a more rapid growth globally after the elections.
Another important thing that Tim noted was the differences in the growth rate in America, Europe, and Japan. Europe and Japan are recovering. However, corporate earnings will be enhanced by the improvement of the entire global growth.
Capital Group’s partnership with Samsung Asset Management and what Tim Armour said about it
Capital Group and Samsung Asset entered into a strategic partnership to work together in the development of active investment strategies for different investors in Korea in October 2015. The two companies agreed to cooperate in the development of retirement solutions and asset apportionment products, and also support Samsung’s active investment capability.
The partnership will see the Korean company learn “Capital-style active management” and other management benefits like business management and client management from the Capital Group. Samsung’s spokesperson said the partnership will be critical in the company’s 2020 goal of becoming among Asia’s top home-based asset management firms.
About the partnership, Tim said the broader plan is to come up with investment solutions that meet the saving, retirement, and insurance related needs of Korean investors.