Category Archives: Financial Assistance

Capital Group Partners With Samsung Asset Management To Advance Investment Strategies In Korea

Samsung asset management and Capital Group on October 14, 2015, launched a partnership to collaborate on advancing investment strategies for retail and institutional investors in Korea.

They agreed that Capital Group would assist Samsung Asset Management to know about “Capital-style active management,” to offer management skills in areas like client and business management.

Timothy Armour, chair of Capital Group, said that their main aim is to co-design investment remedies to fulfill the retirement, savings, and insurance-linked wants of Korean investors. Consequently, both Samsung representative and Tom Joyce said that details of the relationship’s economics – how co-designed products would be disseminated and earnings shared – was yet to be worked out.

Timothy “Tim” Armour

On July 28, 2015, Timothy Armour was appointed by the Board of Directors of Capital Group as its Chairman. Timothy is the CEO and chairperson of Capital Research and Management Company, Inc., and the Capital Group Companies Management Committee’s Chairman. Tim replaced former Chairman Jim Rothenberg who passed away in 2015 while on vacation.

Tim has 34 years of investment experience at Capital Group. He covered U.S. Service companies and telecommunications when he was a Capital Group’s equity investment analyst. He started his career as an Associates Program participant at Capital Group, after graduating from Middlebury College. He is a bachelor’s degree holder in Economics and resides in Los Angeles.

Timothy said that investors should consider investment risks, objectives, expenses, and charges; this is enclosed in the fund’s characteristic report, which is obtainable from a relationship manager or financial professional.

Capital Group

From 1931, Capital Group has achieved consistent results over the years by delivering superior investment and financial services for long-term investors using active research, high-conviction portfolios, and individual accountability. Today, the fund manages assets that are worth at least $1.4 trillion.

According to Timothy, Capital Group’s strength lies in the combined talents of its associates and remains focused on their mission to provide long-term, superior results to both clients and investors. He also advocates for active fund management. This is because he believes that investors deserve to be served by active managers who rely on market research to find new profitable avenues to invest.

George Soros Continues to Fight for Ukraine

Born in Hungary, George Soros came from rather humble beginnings. But since his immigration to the United States, this man has attained fortune and fame that most people never even dream of. George Soros attained his financial education in London in the UK and later moved to the United States where he began a lucrative business career. Today, he spends a lot of his time with philanthropic foundations, but he also has been espousing his opinion on certain aspects of European Union and its treatment of the Ukraine.

Soros’s Take on the Ukraine Situation

Right now, Ukraine is startling two worlds. Or in another way, there is an old Ukraine and a new Ukraine. The old Ukraine was enveloped in corruption in a myriad of ways. If you wanted a license, you had to bribe someone in the government, for example. Things needed to change, and luckily, they did.

But it didn’t come without a cost. Ukraine changed when they were severely challenged by Russia, who, by the way, is still challenging them on a regular basis. Russia despises most of what the European Union stands for, and they want to take in Ukraine to make them one and the same with Russia as they once were when Russia and the surrounding countries had another name, the Soviet Union.

But George Soros Ukraine is hopeful for Ukraine, and he says that the new Ukraine as he calls it is much better than its old self. The new Ukraine wants change. It wants to be different and more like the European countries it has for neighbors to the west. Many of the opponents of the new Ukraine are still present in the country, but Soros is hopeful that most of the new government officials who were recently elected are going to change things for the better. Again, he urges the rest of the European countries to give them a helping hand in order to do this.

Read more:
George Soros – Forbes

George Soros – Forbes

Ukraine Needs Help and Europe Should Give It to Them

Soros believes that Ukraine needs a chance to get back on her feet. This involves Ukraine being allowed into the European Union, and it requires money. He has given several sums that he believes will help Ukraine overcome its past self and move on in the direction of other European countries like France and Germany.

Of course, there are opponents to this plan as there are to any novel and heroic idea, but Soros has ideas of his own and retorts for all of them. He says that Ukraine can change itself only with Europe’s help. And in turn, Europe should want Ukraine on its side. With Ukraine a part of the Euro Zone, Europe has one more country who is willing to put Russian ideals behind and move toward the greater good. Literally millions of Ukrainian citizens will be on the side of the European Union along with the rest of the country member’s populations.

Soros and his supporters have penned several articles on this subject, and he continues to fight for Ukraine.

Learn more about George Soros:

http://www.nytimes.com/topic/person/george-soros

https://www.project-syndicate.org/columnist/george-soros