Recently, Tim has received much acclaim from the media and industry players for his role in making Capital Group a team to reckon with in this industry. According to Janet Yang, Capital Group is in safe hands.
CNBC featured a commentary by Tim Armour. The post was about Warren Buffet’s claim that he would get more returns on his investments than hedge funds. Mr. Buffet said he’d invest in a passive index fund. He wagered $1 million, which he’ll donate to charity if he loses the bet. Tim Armor argued that Buffet is partially right. He admitted that Warren Buffet had made a fortune using this method.
However, Mr. Armour believes that it’s not wise to play it safe in the financial markets. He pointed out that the only thing that matters to the majority of investors is the ROI. As investors work to gain maximum returns on their investments, they should know the best ways to manage their investments and resume him.
Tim Armour’s strategy has allowed him to get high returns from indices. In the commentary, he wrote that the two common features of well-performing funds are high manager ownership and low fees. These characteristics determine whether the active funds can outperform their benchmark indices and more information click here.
According to Mr. Armour, mutual funds should possess these qualities to thrive in the financial markets. He also believes that actively managed funds are better than passive indices because they protect investors.
About Tim Armour
Mr. Tim Armour is Capital Group’s CEO and chairman. He has operated in the investment sector for more than three decades. This has enabled him to get a lot of experience. Armour joined the company after graduating from college. He has held different positions at the firm. Over the years, he has gained a lot of skills and knowledge from various departments.
Tim was an equity investment advisor in the earlier years of his career. His work was to analyze global telecommunications. He later became an equity portfolio manager. As a manager, he was responsible for helping clients identify good investment opportunities. Tim Armour was named the firm’s CEO after the Jim Rothenberg died and learn more about Timothy.