Timothy Armour is the chairman, equity portfolio manager, and CEO of Capital Group of Companies, one of the leading active fund managers in the world. He has vast experience and expertise in investment services and funds following his over three decades of career at the Capital Group. The financial services professional studied a bachelor’s degree in Economics from Middlebury College, after which he joined Capital Group’s Associate Program. He also served as an investment analyst at the company, working with various global telecommunications and U.S. service companies.
Tim Armour, who began his work as a participant in Company’s Associate Program, climbed the career ladder gradually to being the chairman of the committee at Capital Research and Management Company as well as Capital Group. He then became the company’s chairman in July 2015 following the death of Jim Rothenberg, the former chairman. He has taken an active role in setting and communicating the business strategies, overseeing the operations of the company, and managing the business that is worth over 1.4 trillion in assets and more information click here.
Tim Armour Commentary
Tim Armour has also taken a significant role advocating for active fund managers rising against the rise of index tracker funds. Most investors have continually withdrawn their money from the active stock funds after the 2008 financial crisis and using index funds and exchange traded funds as an alternative. Mr. Armour indicated that the passive investments are highly prone to volatility risks and opportunity costs, just like the mutual funds. The commentary was about Warren Buffett’s statement on a passive index fund being a better investment choice than an active fund and his Linkedin.
Mr. Armour added that the goal of most mutual funds includes delivering long-term investment with minimal costs. He, however, acknowledged that most mutual funds provide poor long-run returns to their clients and poor services, but investors should not rule out the importance of investing in the active funds and learn more about Timothy.
Thor Halvorssen is the founder of the Human Rights Foundation (HRF) and is an avowed and dedicated human rights activist. He has come out in opposition to the socialist governments in Venezuela and Cuba and as such became an advocate for the right-leaning Weekly Standard and Fox News. But Halvorssen has an individualistic mindset concerning whoever is committing human rights violations. Recently interviewed by a Fox News commentator who wanted to do a hatchet job on Bernie Sanders because of his socialistic leanings, Fox News was shocked when Halvorssen not only was in agreement with Sanders’ socialist value system but was an avid supporter of the candidate having given Sanders the largest donation allowable by law.
The Weekly Standard wanted to know more about this unique advocate for human rights and sent a writer to do an in-depth study.
The writer discovered that Halvorssen began life surrounded by extreme wealth. His home in Venezuela came equipped with a sauna, pool, library, billiard room and a servant’s wing for a staff that included a driver, bodyguard, gardener, butler, cook, and governess. His parents instilled in him a sense of extending family status to the staff. Thor was always to treat them with great respect.
Thor Halvorssen rejects the conservative label applied to him by many and claims to be a classic liberal in the John Stuart Mill mold. He is an equal opportunity activist attacking target on both sides of the political spectrum.
He was sent to an English boarding school where he first encountered and then overcame bullying. He continued his education at the University of Pennsylvania where he graduated Phi Beta Kappa.
After beginning his foundation, Halvorssen appointed Vaclav Havel as the chairman of HRF, who served until his death in 2011 at which time Halvorssen selected the Russian chess grandmaster and political activist strongly opposed to Vladimir Putin, Garry Kasparov as foundation chairman. Kasparov protested the imprisonment of the band, Pussy Riot, and was carried off and assaulted by the Russian police. Pussy Riot was convicted of the crime of singing an anti-Putin song, and the band was sentenced to serve two years behind bars.
Thor Halvorssen is a unique humanitarian who serves to advance the human condition against any repressive political system anywhere in the world.
http://www.forbes.com/sites/thorhalvorssen/ For more