It’s difficult to argue investment strategies with someone like Warren Buffet. The Oracle of Omaha has proven that it is absolutely possible to conquer market investing using a “bottom-up” strategy. He proclaims that a long-term, patient, and performance-driven attitude is necessary to creating a nest egg. Timothy Armour, the CEO of Capital Group however, believes that the flaw in Buffet’s strategy is that it ignores changes in certain economic sectors, and the pliable dynamic of demographics.
Buffet’s main philosophical contribution to society is that it is always a good idea to save for the future. Investors need to be constantly aware of what parts of the market are solid and grounded in performance, and those that are promoted because of investment manager branding. He believes active investment vehicles with great risk are far inferior to passive investments that have the strength to withstand market downturns. Also, high management fees are not a good exchange for unpredictable returns, even if they are potentially more profitable. It is better to concentrate on building a portfolio that is filled with non-flashy labels, lower management fees or commissions, and a traceable positive performance history.
Timothy Armour agrees with the pillars of this philosophy, but he believes Mr. Buffet has failed to recognize one important factor in modern investment strategies. Unlike every generation since the US industrial revolution, the majority of people now are responsible for creating their own nest eggs. Radical shifts in the economy, along with a retiring Baby Boomer generation, has gutted the ability of corporate America to provide retirement vehicles for career employees. In short, the majority of younger working people must consider working with high-fee investment management firms to take advantage of a severely unpredictable global market. Instead of long-term being defined by a person’s entire career, it now means surviving a few market cycles, while contributing profit to a personal portfolio.
With more than 34 years as an equity portfolio manager, and having earned a Bachelor’s Degree in Economics from Middlebury College, Timothy Armour has amassed incredible knowledge of modern finance and investment strategies. Having an active role in managing portfolios, even as a corporate executive, has allowed Timothy Armour to keep an accurate view of modern changes in the market. This vision contributed to his election as Capital Group’s CEO in 2015.
Armour is extremely insistent that it is not only the strength of an investment vehicle that contributes to positive portfolio growth, but the contributions of a dynamic management team as well. As chairman of a firm with more than 7,600 associates, Timothy Armour has the important responsibility of helping younger generations of investors understand the importance of working with a committed management team.
Stephen J. Rotella is one of the finance industry’s most successful professionals. He presently acts as the CEO of the StoneCastle Cash Management. Before being offered a job by the company, he worked as the JP Morgan Chase’s executive vice president. Stephen J. Rotella was also hired by Chase Manhattan Mortgage Corporation to serve as its president. In 2005, he was appointed as the COO of WMI Holdings Corp, and he held the office until October 2008. He was also the president of the firm for the last five months that he served it. Rotella was in charge of overseeing the retail, mortgage, and commercial lines of the enterprise. JP Morgan Chase offered him the role supervising its community development staff. Stephen was appointed to act as the leader of WMI Holdings Corp’s Home Loans Department.
The finance guru was an employee of one of JPMorgan Chase’s units, which is known as Chase Home Finance. He served as its COO between 1998 and 2001. The firm promoted him to manage the Chase Home Finance as from July 2003. Stephen was hired by the Chase Manhattan Mortgage Company and acted as its executive vice president of serving as from 1991. Chase Morgan also made him the senior deputy president of marketing, product development, and finance as from 1987 and learn more about Stephen.
Stephen had worked in industries such as system consulting, mutual funds, and retail brokerage before he got a job at Chase. He also served Consumer Mortgage Coalition as its president. BalletMet appointed him to act as its director. Rotella led the Chase’s Housing Advisory Council, which is devoted to bettering the provision of lending services to individuals who cannot access them. Mortgage Bankers Association chose him to be one of its board members. He was once a member of the advisory council of Caliber Home Loans, and at that time the firm was known as Vericrest Financial. Stephen Rotella was a student of State University of New York and graduated in 1975 with a degree in economics. He also enrolled at the State University of New York’s Albany-based campus where he got his MBA in Finance and Information Systems and Stephen on Facebook.
In 2001 Rona Borre formed Instant Alliance
Rona Borre graduated from the University of Arizona and then was a leading account executive for a major national recruiting company, where she was in charge of a $30 million book of business. She had shattered all records of achievement with that company, so she decided to build her own company.
In 2001 Rona Borre formed Instant Alliance, in the spare bedroom of her Chicago condo with her pet dog as company. She showed up to work in those days in a business suit because it was a work day. That shows her dedication to attitude and excellence which forged Instant alliance into the million dollar billing entity it has become. For more post, check on chicago.blueskyinnovation.com
According to Borre, the magic ingredient is the formation of bonding relationships which pave the way to a cooperative effort where both Instant Alliance and the client meet at the same place in discovering exactly what is needed for successful placements.
Instant Alliance works in the specialty areas of finance and informational technology employees. Of course, they deal with other types of employees, but the core of any company’s expansion efforts in getting to the next level requires these two main areas of concentration. Head over to instantalliance.com
Borre has staffed Instant Alliance with top management and recruiting account executives that are the cream of the crop and who can bring results through their talents and hard work. It is amazing that there has only been a 1% attrition rate of all the hires that have been placed Borre and her excellent staff of professionals over the past 15 years.
At the head of Instant Alliance sits Rona Borre
Instant Alliance is a Chicago-based staffing solutions company that focuses on technology and finance staffing. The company’s drive for excellence allows them to under each client on a personal level. This understanding allows them to find their uniqueness and find staffing solutions for each of these clients.
Their technology industry staffing services pair organizations and clients with only the most skilled technical talent. Instant Alliance pairs with skilled technical consultants from all over the country to find the best options for talent. Within their technology staffing services the company offers IT contracting staffing, vendor management services, recruitment process outsourcing, and IT executive searches. Click on sbnonline.com for more article.
As a talent management firm, Instant Alliance advises global leaders on creating their financial workforce through their financial industry staffing services. The company knows that staffing the financial industry means being efficient and precise, and they are committed to finding the best talent for their clients. Within these financial staffing services Instant Alliance offers finance contract staffing, finance permanent staffing, and finance executive searches.
At the head of Instant Alliance sits Rona Borre, one of the leading female entrepreneurs in the Chicago area. Rona has always been passionate about helping other companies achieve their goals and began filtering her passion in 2001 when she founded Instant Alliance. In addition to being the company’s CEO, she also holds numerous other leadership roles in organizations like the Young Presidents Organization, The Chicago Network, and the Economic Club of Chicago. She has been recognized as the Enterprising Woman of the Year by Enterprising Women Magazine and as an Influential Woman in Business by The Business Ledger.
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Timothy D. Armour is the chairman of Capital Group Companies, chairman of Capital Group Management Committee, and Equity Portfolio Manager. He is also chairman and CEO of Capital Research and Management Company, Inc., a subsidiary of Capital Group. Tim has a bachelor’s degree in economics from Middlebury College. Timothy Armour’s career journey started at The Capital Group in 1983 as a Participant in the Associate Program.
Over the years, Timothy Armour has gained experience in the investments and finance. He was gradually promoted to various positions. He held the position of Equity Investment Analyst. This was a key position that natured him for his future roles. He managed global telecommunication and US Service Companies.
Armour was named the Chairman of Capital Group in July 2015. This was after the death of the former Chairman Mr. Rothenberg who died while on vacation at the age of 69. His death was caused by heart attack. Armour mourned the death of Jim Rothenberg terming it as a great loss to the company. He praised Jim for the work he had done. Before the death of Mr. Rothenberg, Timothy was his key deputy. He participated in decision making regarding fund management.
Capital Group under the leadership of Timothy has continued to expand its services. In October 2015, Capital Group partnered with Samsung Asset Management in developing investment plans for organizational and retail investors in Korea. The two companies will work together in developing retirement solutions for the Korean people. The Capital Group will assist Seoul group, a subsidiary of Samsung, with the knowledge regarding hedge fund management. In a statement, Seoul CEO said that the partnership would enable the firm to increase its equity investment capability. According to Tim, the partnership will enable them to design investment solutions that satisfy the savings, retirement and insurance needs of the Korean people.
During the 2015 market sell-off triggered by the worsening economic crisis in China that worried investors, Tim thought that financial systems in developed countries like in the US or Europe are much stronger. He argued that investors should take that opportunity and invest in large enterprises that are struggling to maintain their production. He encouraged investors not to fear. He told them that if they invest in big companies after the crisis, they will benefit a lot.
Timothy Armour has been an employee of Capital Group for more than thirty years and served in different management positions. He has got enough experience to lead Capital Group in achieving its goals.
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