Timothy D. Armour, a Los Angeles based investor, is the Chief Executive Officer (CEO) and Chairman of the Capitol Group, as well as the Principal Executive Officer (PEO) of Capital Research and Management Company, Inc. He is also the Chairman of the Capital Group Companies Management Committee. Mr. Armour is also an equity portfolio manager.
After Armour earned a Bachelor’s degree in Economics from Middlebucry College, he began his career with Capital Group and has been there ever since. Mr. Armour began his career at Capital in the Associate’s Program and as an equity investor specialist his focus was on global telecommunications and United States services companies. With more than 33 years of investment experience under his belt, Armour has moved up the ladder at Capital taking on a series of new challenges.
In 2015, Armour was elected the Chairman of the Capital Group, after the passing of former Chairman Jim Rothenberg. Armour will work with the senior staff at Capital to oversee operations and set, communicate and implement business strategies. Timothy Armour had been on track to eventually become the Chairman, but his succession to the Chairman’s chair was formalized shortly after Rothenberg’s passing.
The strength of the Capital Group is a team effort and not on individual effort. It is a true team effort to deliver the absolute best investment return to the clients and investors. The leadership at Capital Group has always had the ability to make the best and decisive decision for the long term success and interests of the clients. In his role as Chairman, Armour is an advocate of that philosophy in order to continue with the mission of the company.
In 2015, Capital Group and Samsung Asset Management (SAM) formed a partnership to develop investment strategies for retail and institutional investors in Korea. The two companies will work together to develop asset allocation products and retirement solutions to enhance SAM’s investment capability. The agreement allows SAM to become familiar with and utilize Capital Group’s style of active management and work to provide management expertise and know-how in client and business management.
This action would help SAM become a top asset management company by 2020 in Asia. The partnership would also allow SAM to give their equity investment capability an upgrade. SAM would have the capabilities to choose appropriate Capital Group services and products for distribution across various Samsung distribution channels.
The partnership is seen as a win-win for all concerned. It gives SAM the opportunity to learn more about the Capital Group’s system and Capital Group has the opportunity to learn how Samsung markets and distributes products to Korean investors.
Read More: Capital Group Board Elects Tim Armour as Chairman
Igor Cornelsen is the epitome of a successful Brazilian man, becoming one of his country’s top bankers through the employment of his intelligence and necessary patience. During his years of speculation as a financier, he gained unimaginable experience and insight into the practical workings of the Brazilian market. Although it would be entertaining to romanticize success of Igor Cornelsen as being derivative of the blitz of quick deals with high risks and no guarantees, such Hollywood script-fodder is non-existent, for Cornelsen’s success is based on his epic foresight. He advocates for long-term investments that are diversified and blossom over decades.
Cornelsen’s strategy is one of utmost caution. He trusts only the highest credit-rated clients available and thus, makes good returns that may be lower than theoretical potential but are certain to not wear away with time. Therefore, flexibility in further investments is created as risk of capital shortage is dissolved. This flexibility has given private Brazilian banks the upper hand.
Brazilian banks miraculously continue to grow while the Brazilian economy shrinks. In the economic world, such an inverse correlation is absolutely unheard of. For financial outsiders, this can be a tough notion to grasp, especially as the government is reformed and the country seems to be directly in the international spotlight.
Whether you’re investing in commodities or foreign exchange…
Igor Cornelsen – Colorado, Bainbridge Investments
One may worry for Brazil in the current tumult, but in truth, there is only good to come. The Brazilian market is prime for massive expansion in infrastructure to support rapid population growth in what is the continent’s biggest country. With Joaquim Levy as Brazil’s new finance minister, Brazil will return to market friendly regulations and business in Brazil can truly flourish.
As the Brazilian market is finally freed from overbearing regulations, the potential for industry will be magnified exponentially. As new faces emerge in Brazil, Igor Cornelsen is poised to reap a massive reward from the influx of business. This, once again, speaks to the temperament of the man.
Self-discipline is what allowed Igor Cornelsen to build his massive foundation and continue to thrive. Now that Brazil is poised for a boom, Igor Cornelsen is in a position which does not require him to exercise this same self-discipline. The future is one rife with opportunity; Igor Cornelsen teaches us to have the discipline and mindset to be in a position to take that opportunity before someone else does.
Learn more about Igor Cornelsen:
Laidlaw and Company is a privately held company that provides investment banking to esteemed clients in an efficient manner. For more than eight years, I have been using Laidlaw & Company Limited for all my financial issues. Entrepreneur Matthew Eitner serves as the principal executive of Laidlaw Company, a firm that has achieved so much in the banking sector.
As a financial group, we usually deal with Laidlaw and Company to get top-notch business services such as placing equities in the market, funds raising and dealing with institutional investors in the market. In Laidlaw & Company, one is lucky to associate with highly experienced and friendly professionals who work tirelessly to meet our needs and specifications. Laidlaw & Company has received some recognition due to the quality services the company offers to clients.
Laidlaw and Company incorporates both the sell side and the buy side that deals with corporate financing and securities. In this Company, clients get the chance to deal with top ranked investors in the banking sector such as Craig Bonn, the senior managing director, and Ahern James, who serves as the principal of capital markets in the company.
Having stayed in the banking sector for more than 15 years, Laidlaw & Company has gained necessary skills and virtues to deal with esteemed clients. The company also acts as a middle agent in investment plans taking place between corporations and investors, where the business takes the place of a representative. Laidlaw & Company is also an expert in mergers and acquisition services. My experience with this bank is magnificent, something that makes me and other foundations keep visiting the bank for quality advisory services.
Laidlaw & Company also observes the business codes of ethics, a key factor that has contributed to the success of this investment bank that is based in the New York City, USA.
Portfolio manager is an extremely lucrative career for the few who are successful in it. The turnover is generally low for managers, and they are very few positions on the job market, but such posts are worth striving for. Establishing and managing a successful hedge fund is entirely another story. Compared to most financial careers, getting on top in the hedge fund industry takes some time and dedication to expanding one’s professional network. Hedge funds on wsj.com are mostly known as the riskiest financial institutions and are very volatile meaning it takes a lot to manage one and make it successful with time. Most hedge funds are known to collapse on the way with little or no way to help them out. Take an example of the 2008 financial crisis that saw several hedge funds collapse including the prominent ones. Some miniature hedge funds were rescued by the government and continue to thrive till to date.
For Ken Griffin, his brainchild lies in hedge funds. The hedge fund industry has been his area of interest since he was a freshman at Harvard University. His course in Economics had something to do with his love for the industry. He graduated from the institution in 1989 with a bachelor’s degree in economics. Griffin started off his hedge fund when he was a second-year student due to the interest that grew after reading a Forbes magazine article. He gathered capital from friends and families as well as from his loving granny. He was armed with a computer, a fax machine, a telephone and a satellite link that he used to get current information about the market. His plan assisted him to accumulate capital amidst the stock market crash in 1987. He later on established his second fund after the first one made impressive results with both totaling to more than $1 million.
As a financial expert who has vast knowledge of the hedge fund industry, Griffin went on to launch another hedge fund in 1990 known as Citadel LLC with an estimated $4.6 million. The fund grew rapidly and had progressed to $1 billion in investment capital and over 100 employees in eight years time. Currently, Citadel is accredited for being one of the largest alternative asset managers in the world with more than $26 billion of assets under management. It has its headquarters in Chicago with offices spanning from Europe, Asia to North America and over 1400 employees. Its clients are also prominent investors across the world including pensions, university endowments, and high profile personalities among others.
Griffin is a competent and hard working personality in the financial world who’s self-discipline and passion for work have earned him a place in the Forbes where he has made several appearances. He was first included in the CFO Magazine’s Global 100 in June 2002 as one of the most powerful people in the finance industry. He has also been included in the Forbes list of self-made United States-based wealth as one of the richest Americans since 2003. He has risen through the ranks and was estimated to be worth 5.5 billion last year.
In just two decades of operations, Citadel has led a revolution in the Investment market. Formed in 1990 as a $4 million investment company, no one would have ever though it would reach the world class level. Currently, Citadel is the largest Hedge Fund in the USA with an investment of over $25 billion in assets under management.
Being a pioneer in the hedge fund management, Citadel has had a fair share of good and bad market trends. Its growth has been tremendous but it has not always been a downhill task. Seeing that it was a new product then, it required a lot of client convincing for anyone to invest with the company. It has however overcome all these and is now an internationally recognized body.
What most people are always wondering is; what factors contributed this rapid growth? What does the company do different? How does it weigh its investment options to maximize profits? The following are some of them.
Citadel is under the steering of one of America’s biggest financial minds, Ken Griffin. He is the company founder and together with a team of able and equally industrious managers has transformed this company. These executives are carefully selected from thousands of other applicants based their qualifications, experience, and determination.
Well thought investment strategies
On the understanding of how sensitive the financial market can be, Citadel team dedicates much of their time conducting research on what most stable yet yielding investment opportunities exist in the market. It is based on this research that they come up with the best investment decisions that have continually yielded for their investors.
Less regulation of the hedge funds
Unlike other investment options like the mutual fund, hedge funds experience fewer regulations and government interference on their activities. This coupled with good leadership has for long worked in the favor of the company.
Being a pioneer in the hedge markets, Citadel faced little competition as there were not many hedge funds by the time it was started. This meant that it had a wider customer base.
Citadel was a succession of many other engagements by its founder Griffin on citadel. The idea started while at the university. He started with investments in the stock markets. When he left school, an individual investor gave him $1 million to invest on his behalf. With the gains from this investment in two years of investment and personal savings, Griffin started Citadel.
He has continually presided over the company operations while at the same time sitting in many other financial and economic bodies and forums including membership of G100. This is an economic forum for the top 100 CEOs in the world. Under his steering and the continued appreciation that Hedge funds are experiencing, one can only say that Citadel is headed to greater heights.
There are many people around the world that are interested in building up a company. There are few people that actually follow through with this dream in their lives. One of the best examples of a great business owner and leader is Flavio Maluf. Despite being born in to less than ideal circumstances, Flavio Maluf has been able to rise up through poverty and slow economic growth to build one of the best companies in Brazil. There are several things that young business owners and leaders can learn about business through the study of his life. Here are some of the most important lessons that we all can learn from Flavio Maluf.
Follow Your Passion
Dino.com shows us one of the most important aspects of starting and running a great business is to be in business with a product or service that your are passionate about. There are going to be times in business where you do not want to keep going as challenges arise. In these times of despair, it is important to have passion in what you are doing. This will help you to continue to build and work on your business even when there are bad things going on around you. In addition, people that have passion for the mission of their company work harder and longer than those that do not. Anyone that wants to start a business should think long and hard about why they are going in to business.
The reason that many people go in to business is to make a profit. This is important to keep in mind for any business owner. High sales and low costs mean that profits will continue to increase. In almost any business, there is some frivolous spending that could be cut out. It is important to not cut out essential spending for the business that is going to impact the customer experience. A good example of this would be to not cut out the customer service team just to save money. Although it will cut costs in the short term, over the long term the customer experience will be hurt enough that many people will not return.
Flavio Maluf is a great example of the impact that one person can make in their industry. There are few people that have been able to build up a business like Flavio Maluf has. This is inspirational to many people that want to go out and be in business for themselves. At the end of the day, anyone that wants to learn about being in business for themselves should read up on the work of Flavio Maluf in the business industry.
Investment requires people to be devoted to long-term investment strategies since it is a long haul game. If an investor anticipates for legitimate returns, they opt to be prepared for a couple of decades. Brazil is one of the countries where investment is on its peak this year and that little advice might help in starting off well. Since it is the strongest and the largest country in Latin America, there wealth and security of funds are in incomparable. Most investors are now convinced on the compelling need to invest in Brazil as a low risk and high return investment country.
Brazil offers colossal and outstanding opportunities for foreign investment and potential growth. The country is to be reckoned for its exemplary efforts in asset management. Their stock market is glooming and offers a solid opportunity for investment. Investors are currently out in the Brazilian market to place their bets on stocks. Investors like Zeca Oliveira appreciate the growth and cohesion of the Brazilian market and foresee promising rewards. Investments funds have been the target for most investors venturing in Brazil.
Zeca Oliveira, an auspicious investor and the President of the Bridge Trust has spelled out Brazil as an investment area of interest because of the plunging asset prices. The fund has grown manifold from R $ 900 million in funds under management in May 2014 to more than $2.5 billion amidst Zeca Oliveira’s reign.
Due to Zeca Oliveira’s impressive understanding of investment funds, The Bridge Trust and Gradual Investimentos have merged bringing together a financial group worth R $ 6.5 billion in assets under management and whose transaction will be susceptible to authorization by the Central Bank. Zeca Oliveira will manage the sectors of fund management and resource management due to his proficient operational supremacy. Prior to Bridge Trust, Zeca Oliveira served as the chief executive of BNY Mellon in Brazil since 1998 to end of 2013. His strategic management and transcendent competence have assisted him in creating the type of returns investors anticipate.
Investors are reassured that through such investment funds, their areas of investments have a greater potential for high returns. It is impartial that, experts who have been in the country, as well as in the industry for long know how to make picks and provide advice.
Amidst the 1960s to 1980s, Brazil lost an enormous trove of foreign direct investment to the Eastern European countries when coming out of communism together with the recent military dictatorship and severe economic unrest. Despite these drawbacks, Brazil has survived and is up to reclaim what it once lost. It is now among the world’s largest economy with a rapidly growing GDP of $15 billion to over $2 trillion between 1960 and 2011.
The country’s affluent natural resources make it stand out in the investment sector from being the world’s largest producer and exporter of agricultural products, iron ore, ethanol not to mention being self-sufficient in oil reserves. As per now, Brazil is contending with emerging economies including China, India and South Africa.