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When the Board of Directors of the Capital Group Companies announced that they were naming Tim Armour as chairman in July of 2015, few were surprised, however, it was a bittersweet moment for Armour as he replaced former Chairman, Jim Rothenberg, who had passed away. After 32 years with Capital Group Timothy Armour is well qualified for the position, where he, along with other senior managers, will oversee operations and set the investment management firm’s business strategies.

According to Armour and Capital’s own research, investors do best putting their money in actively managed funds with low fees and with a manager who has his or her own money in the fund as well. Before Rothenberg’s death, Armour, who was on the management committee, championed the in-house research that proved that certain types of active fund management, especially funds that did not continuously churn their portfolios, benefited investors in the long-term.

Armour, who began his career with the Capital Group in 1983 in The Associates Program after graduating from Vermont’s Middlebury College with a degree in economics. After The Associates Program, Armour became an equity investment analyst specializing in global telecommunications. While he works out of Los Angeles, Armour’s Capital Group is one of the largest investment management firms in the world, managing more than $1.4 trillion in assets.

Recently announcing a strategic partnership with Samsung Asset Management, the Capital Group will assist the Seoul-based asset management company with their active investment capabilities. The two forms will co-develop retirement solutions as well, according to Armour, who is looking forward to meeting the needs of Korean investors with Capital Group products distributed through Samsung distribution channels.

Expecting to do well under the leadership of Timothy Armour Capital Group will likely continue with its successful long-term performance track record, especially with its subsidiary of the American Funds mutual funds suite of products. After all, Armour stresses that investors don’t have to accept average returns, although he admits that there are numerous mutual funds to select from, which may be overwhelming for the average investor. He recommends that investors seek out funds with long-term above-average returns, which is quite naturally his goal for the Capital Group.

Related: Capital Group Names Armour Chairman to Succeed James Rothenberg

Omar Boraie is the founder and principal of Boraie Development LLC, a real estate company that focuses on the development of real estate as well as management and sales of property. Omar is an Egyptian immigrant who came to New Brunswick to further his studies in chemistry. He decided to stay and venture into real estate. Omar is an active contributor to the community of Atlantic City. Last year, Omar participated in the 18 Chair Challenge of Rutgers University, an initiative that seeks to facilitate medical research at Rutgers Cancer Institute. He established Omar Boraie Chair in Genomic Science, which was geared towards the 18-chair challenge campaign. He pledged $1.5 million. The face of genomic science and precision medicine is changing. This is because cancer diagnosis is approached and treated differently. It involves diagnosis and treatment of tumors genetically. This allows oncologists to prescribe personalized therapies for improved outcomes on njspotlight.com. Robert Dipaola, MD, Director of Rutgers Cancer Institute said that Omar Boraie is a traditional contributor to the healthcare projects at Brunswick.

Read more: Omar Boraie Chair in Genomic Science Established at Rutgers Cancer Institute

In 2014, Omar Boraie, through his company, Boraie Development, partnered with Shaquille O’Neal to support a Boys & Girls Club with $25,000. The Atlantic City’s Boys & Girls Club had closed down due to a pending debt of $150,000. Boraie Development and Shaquille O’Neal came to their rescue two weeks to the start of a limited summer program. Wasseem Boraie, Omar Boraie’s son and vice president of Boraie Development, said that they were already supporting Newark Boys & Girls Club. Commenting on the contribution that they made, Omar posited that supporting the sport project was the right thing to do. He intended to ensure that the facility runs smoothly.

In 2015, Boraie Development opened a leasing center in Brunswick, New Jersey. The new luxury rental tower, The Aspire, is located steps from the town’s train station. Great dining options, exclusive nightclubs and entertainment characterize The Aspire’s surrounding. Hiam McDonald, marketing director at Boraie Development contended that The Aspire was an ideal spot for the highly coveted lifestyle of trendy renters on boraie.com. The luxurious tower consists of modern and full-serviced apartments with 238 studios, one-bedroom, and two-bedrooms. There is also a private residents’ club with a kitchen, dining table, TVs, Wi-Fi and a balcony. Additionally, tenants have a 24/7 access to the state-of-art-fitness center, which has the most advanced equipment. The Aspire has a reliable concierge system where tenants can easily pay their rent online and get other important services.

Keith Mann, the founder of Dynamics Search Partners, is showing his support for the New York Police Department (NYPD) concerning the protests and violence being associated with the police force. Keith Mann together with his wife Keely Mann sent lunch to the 54th Street precinct to motivate them rather than feed into the negativity associated with the police force. Keith Mann has a personal relation with the NYPD since his uncle is a detective working on Staten Island.

 

Keith explains that the recent attacks on police officers during the supposedly peaceful protests fall close to home for him. As a way of showing his support to the officers, Keith sent them lunch. However, sometimes a single action goes unnoticed. That is why Keith sent the precinct lunch again on February 9. Keith said that the officers should be appreciated for their services instead of attacking them on their attempts to safeguard people. Keith further explained his concerns by saying that police officers have families, so they are just ordinary citizens behind their uniforms. Mann stated that he does not want his or any other family to get hurt as a result of irresponsible actions against the NYPD.

 

Mann is concerned about the rising violence so he feels that citizens ought to assist the police instead of standing in their way. Keith and other citizens are making efforts to work hand in hand with the police concerning the recent conflicts. Over 150 people attended the support rally for the NYPD that was held in January. Other demonstrations have taken place across the United States even if there is an increase in violent actions towards people who defend the police department. Supporters urge the silent majority whom they believe still support the cops to make their voice heard. According to Mann, these simple actions can make a difference.

 

About Keith Mann

Mann is the founder and CEO of Dynamics Search Partners, a firm that works with companies in the alternative investment industry in Europe, the United States, and Asia. Mann has worked in the executive industry for more than 15 years. He is a professional in staffing, hedge fund compensation, and hiring policies. Before establishing Dynamics, Keith was the managing director at Dynamics Executive search.