Samsung Asset Management is making its services better by entering into a partnership with Capital Group to create asset management products for the Korean market. The biggest beneficiaries of this partnership are expected to be the middle-aged workers who are looking for services that can help them make better preparations for their retirement.
The products that the two firms are expected to concentrate on include retirement solutions, investment management processes, distribution channel support, and product management. The partnership will be a good way of marking Capital Group’s services available to Samsung customers. The strategic investment is expected to bring in overseas investment products to the Korean market and Timothy’s Linkedin.
Samsung Management Company tops the list of the best asset management companies in Korea. Their partner, the Capital Group, on the other hand, has an excellent track record; they have been providing financial and investment services to their customers in the US and other countries since 1931. Capital Group has offices in 23 big cities; some of the cities include Hong Kong, London, Geneva, and Tokyo and they also have over 7000 employees. Samsung Asset Management CEO Sung-hoon Koo said that their partnership with Capital Group is expected to increase demand for asset allocation products and retirement solution in Korea and learn more about Timothy.
Timothy Armour advised investors to consider investments risks, expenses, charges, and objectives as they plan their businesses and also prepare to retire. Tim Armour has worked for Capital Group for over 34 years in different departments. Tim started working for the company as an Associates Program Participant. He is currently the chairperson and CEO of Capital Group Company. Mr. Tim is also a board member in several companies and has an affiliation with other firms like Scotia Global Opportunities Growth, The New Economy Fund, and Capital Income Builder among others. Tim is a graduate of Middlebury College where he received a bachelor’s degree in Economics.
Other Reference: https://www.thecapitalgroup.com/our-company/management-team.html