Tim Armour An Emerging New Force In The Investing World

Tim Armour, the newly appointed head of Capital Research and Management, made an audacious claim on the penultimate day of February this year. He claimed that Warren Buffett was wrong about his assertion that a simple investment left alone would show more profit that the constant changing of positions by the brightest minds in the investment industry.

It is hard to take shots at Warren Buffett whose net worth is more than some third world countries. But Tim Armour wanted to make his point as a representative of one of the most successful investment companies in the world. Armour was interviewed on CNBC by their investment staff.

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Tim Armour was appointed to his leadership position after the unexpected death of the former chairman, Jim Rothenberg. The company’s concept of group management of accounts has been very successful and even bears their name as a management strategy. The Capital Group ranks among the world’s largest and oldest investment management firms. Currently, they are holding $1.39 trillion in assets.

With the power of his company behind him, Tim Armour is a man to be taken very seriously. If his opinion is different from that of Warren Buffett, you can be sure that he will make his individual case. And Buffett with his fortune will surely not be offended by someone’s differing opinion.

Tim Armour reflects a new type of investment manager, and his opinions and recommendations are welcomed by all investors and may even include Warren Buffett.

Source: http://citywireselector.com/manager/timothy-d-armour/d24059

James Dondero helps The Family Place to wrap up its Capital Campaign by committing $1 Million Challenge Grant

Highland Capital Management (HCM) has demonstrated its unwavering commitment towards eradicating family violence in Dallas Area by awarding a $1 million financial grant to support the activities of the Dallas-headquartered The Family Place. The organization campaigns for eradication of family violence, and it assists victims of violence.

It aims at raising $2.8 million to end its Legacy Campaign. James Dondero, the CEO of Highland Capital, announced the grant during the 21sth Annual Texas Trailblazer Awards Luncheon hosted by the Family Place at the renowned Dallas-based Hilton Anatole.

HCM will use its charitable wing, Highland Dallas Foundation, to administer the grant. The firm has promised to donate 50 percent of any money that The Family Place will raise through the Capital Campaign until the $1 million mark is attained. HCM is planning to finalize its $1 million challenge award on April 4, 2017.

Dondero applauded Mayor of Dallas, Mike Rawlings, and Dallas Police Boss David Brown for calling on the community to assist in addressing the life-threatening issue of family violence in Dallas.

He also commended The Family Place for responding to the call to action and taking the concept of resolving family violence matters from the start to the final phase of the campaign. He said that the entire fraternity of HCM was privileged to participate in restoring order within the Dallas area. Learn more about James Dandero: http://www.insidermonkey.com/hedge-fund/highland+capital+management/173/

About James Dondero

James ‘Jim’ Dondero is an American equity investor, operations management leader, and philanthropist. He is a proud resident of Dallas, TX and acts as the leader of Highland Capital Management. Dondero’s more than 30 years of experience as an equity investor focused more on highly profitable and distressed investing.

Since Highland Capital opened its innovative doors in 1993, the firm has led to the development of credit oriented solutions and exceptional Collateralized Loan Obligation (CLO) for retail and corporate investors worldwide.

According to PR News Wire, James Dondero built his career from a trainee credit analyst to the CEO of globally respected asset management company. He brings new ideas to Highland Capital by serving on governing councils of prominent firms such as MGM Studios, Nexbank, American Banknote, CCS Medical, and Cornerstone Healthcare. His donations go to initiatives in veteran’s matters, education, as well as public policy.