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
What Equities First Holdings Specializes in
With the rigidity of criterion with which financial institutions offer loans, the economic environment becomes unfriendly to those who do not meet the qualifications. Equities First Holdings is a globally recognized lender that offers an alternative financial solution to shareholders who leverage their loans on stocks. It lends based on an evaluation of the current and future risks associated with the stock market.
Who Benefits from Equities First?
During harsh economic times, the chances of developing your business become drastically remote when the need is not that urgent. For over ten years, the company has proved itself worthy to provide considerable amounts of cash to loan applications. Because of this experience, their capabilities stand unmatched in the industry. Individuals who want to hedge their bets against succumbing to financial crises find Equities First Holdings a reliable lender. This attracts those who wish to secure fast working capital.
The CEO, Al Christy, has led the company to achieve world class economy status. As starters, they lend this capital with stocks attached as collateral. In fact, their excellence has compelled industry frontiers to vote it as the most trusted firm operating within this business line. There are several options one may have during hard financial times. Nevertheless, obtaining capital through the company offers a flexible alternative and resume him.
According to Al Christy, all financial trades are a subject of adhesive risks. This kind of borrowing has been historically ignored. Nonetheless, it is gaining popularity and progressively becoming a viable alternative. This is because many other lenders unceremoniously ditch collaterals attached to borrowed cash. Moreover, they fail to address other critical issues related to the matter. Equities First Holdings, however, offer services within the limits of transparency and integrity without prejudice.
Timothy D. Armour is a man who has truly inspired a lot of young businesspersons and made an exemplary reputation in the business industry. He is the chairman and Chief Executive Officer of Capital Group. Tim has gained more than thirty-three years of experience and built an admirable portfolio as a manager.
Tim was born in Los Angeles to a humble and loving family and grew up with the right morals. He persevered through all hardships and obtained his bachelor degree in economics from Middlebury College. He then covered for United States Service Companies and global telecommunications during the early stages of his Capital group career. He had initially joined the firm in late 1983 when Capital Group was operating an associates program.
Tim Armour had an unparalleled desire to take significant strides in his career and this paid off in 2015. On July twenty-eighth, the Board of Directors of Capital Group announced that Tim was the new chairman of the board after the passing away of the previous chairman. He was then named both the chairman of Capital Group’s management committee and Capital Research Company.
Related: Capital Group Parent Names Armour Chairman, Replacing Rothenberg
Since his election, he has taken a noticeable role in exceeding profits and reputation of the firm much to the excitement of the stakeholders. Tim Armour described active managers as people who lead the market over a long period of time by not shaking their portfolios and having a good track record of businessmen investing in them. He has defended in-house research since it leads to long term benefits through active fund management.
He has been a key player in Capital Groups decision making. This has led to some sound verdicts and a new positive relationship with the media. In September 2015, Capital Group and Samsung engaged in an agreement that will enable the Korean firm to be associated with the Capital style active management and help the administration to acquire more knowledge regarding business management and client management.
The spokesman for Samsung Asset Management said that the partnership would be a foundation of the firm’s goal of becoming one of Asia’s top three homegrown advantage management companies by 2020. Sung hoon Koo, Samsung’s Chief Executive Officer, said that the partnership would guide the way for the organization’s advancement in its active investment capability and implement life cycle advantage in share product strategies.
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