Capital Group Company’s Board Elects New Leadership

Mr. Timothy Armour is an intelligent investor and talented executive. He is a graduate of Middlebury College, who holds a degree in economics. He became an employee of the Capital Group Companies, Inc. back in 1983. He was one of the participants of the renowned Associates Program. He committed his expertise and talents to facilitating the growth of the Capital Group, and his efforts were rewarded by earning a promotion to the position of equity investment analyst. As the Capital Group’s analyst, Armour handled international communications and service firms based in the United States. Currently, he is the chairman and equity portfolio manager of the company.

Capital Group Names Tim Armour as the Chairman

The Capital Group’s Board of Directors appointed Tim Armour as Capital Group’s chairman in 2015. Capital Group is the hub of American Funds and one of the greatest investment management companies in the world. Prior to this appointment, Armour was serving as the chairman of the management committee of Capital Group as well as Capital Research and Management Company.

Armour and other senior leaders of the company’s management committee will team up with other committee members to oversee the operations of Capital Group and formulate, communicate, and execute the firm’s business strategies. The senior members comprise of Rob Lovelace, who is the head of the Capital Research and Management Company and Capital Group’s president, Phil de Toledo. The transition mirrors a leadership succession plan, which has been in place for many years, and was implemented after Jim Rothenberg (former chairman) passed away.

Learn More: Capital Group Considers Armour as Successor to Chairman

Tim Armour’s statements

Speaking on behalf of Capital Group, Armour expressed his sorrow for the untimely demise of Jim Rothenberg. He described Mr Jim Rothenberg as a goal-driven leader, who had earned a reputation for addressing the needs of Capital’s clients, financiers, and associates by making wise decisions.

He attributed the success of Capital Group to the collective talents and experience of associates who support the firm’s mission of delivering high quality and excellent investment results to its customers and investors. Armour promised to work with other leaders in continuing Capital Group’s 85-year legacy of helping investors make smart investments.

About Capital Group

Capital Group is one of the biggest and oldest investment management firms in the world. It manages assets worth $1.39 trillion. The California-based company started its operations in 1931, and it has offices in America, Australia, Asia, and Europe. It has over 7,000 associates in various parts of the world.

Related: American Funds Flows on Track to Break Even – Executive

Fabletics beats Amazon in online activewear sales

Fabletics is one of the latest brands in sportswear fashion. The company strives to give customers a chance to purchase personalized items. Through the clients lifestyle and fashion tastes, the company seeks to develop products that talk about the wearer. Kate Hudson is the mastermind of Fabletics. She has had a vibrant career in business and acting. While she faces public pressure and scrutiny, Kate knows that her commitment to her brand is of more importance. Fabletics has been in operation for only three years. The company has succeeded and is now a significant threat to Amazon.

Kate Hudson has succeeded with Fabletics because she is a great believer of inclusion and diversity. Fabletics pays a lot of attention to changes in technology and fashion. The company sells personalized activewear and sportswear. At Fabletics, all these clothing items are available in different sizes for everyone. Anyone that visits the website is guaranteed that they will have a product that fits them. Customized products can be made upon request. All one has to do is to send a request and a customer care agent should assist them.

Fabletics offline business model

Fabletics has succeeded mainly because it focuses on a different business model. Fabletics competitors concentrate on a showroom business. People view the products offline and purchase cheaper items elsewhere. Fabletics business model focuses on a reverse showroom. The results from this model of activity have turned out to be highly positive. Their current business model enables them to build customer relationships and gain reliability.

Approximately 50 percent of people that visit the offline stores are already Fabletics members. The other percentage become members once they visit the stores for the first time. When customers are shopping, they first try out an item online and later purchase it from brick and mortar stores. Fabletics doesn’t focus on purchases made online or in stores. Instead, the business model focuses on the best service for customers.

Fabletics strategy with statistics

The next reason why Fabletics is highly successful is that they focus on statistical data. The company concentrates on the right customer content. However, it understands that digital data is critical for the best customer service. The company makes use of both online and offline data to get ahead of competitors. The company gathers data about individual preferences for their activewear clothing.

Local stores have been created for local members and people that prefer offline shopping. The company combines both the latest online shopping trends with traditional shopping to elevate satisfaction. About diversity, Fabletics has clothes for everyone and every body type. The company adds new types of clothing all the time. The kind of tests performed at the start of memberships makes the company ahead regarding customer preference and satisfaction.

In a bid to improve its diversity, Fabletics opened up a male section store as well. Men can take any orders varying from accessories to sportswear. Fabletics has diversified their range of products. The company today sells swimsuits at their main website for both men and women clients.

IAP Worldwide Services, Inc. Announces the Acquisition of Two Business Units from DRS Technologies, Inc.

IAP Worldwide Services has acquired two business units from the DRS Technologies Company. The two companies include the Oklahoma-based Aviation and Logistics Business Unit and the Aberdeen-based Tactical Network & Communications Solutions business group. The Aviation and Logistics business provide mission support, aircraft management, repair, and logistics support services. On the other hand, the Tactical Networking & Communication Solutions business offers communication, information technology, and engineering support services to the United States Defense Department and other non-governmental agencies in the world. The two acquired business units will be integrated to form one natural force for good to foster service and solution delivery for the company. This is a long-term growth strategy for the enterprise.

This acquisition will increase the company’s capabilities to render services to their highly-esteemed clients. For IAP Worldwide Services, they value their customers. For this reason, they engage in seeking solutions to expand their service delivery charter to perform effective measures to address their solutions. For the acquired businesses, they will help IAP Worldwide Services to expand their addressable market. The Aviation and Engineering Solutions is the now unit formed after the integration of the two business units. The existing National Security Program unit will act as the guideline to help the new business unit grow in accordance to the company’s missions. According to the Chief Executive Officer and President of IAP Worldwide Services, the two business units will fit naturally into the service delivery platform of the company. For this reason, IAP Worldwide Services will expand their service and solutions portfolio to the United States and international organizations and agencies.

Read more:
Kaye Scholer Represents Lender Group in IAP Worldwide Restructuring
IAP Worldwide Services Division Develops Afghanistan’s Air Traffic Control System

Doug Kitani, the President and Chief Executive Officer of IAP Worldwide Services, the company established an early strategy to help them grow organically. For this reason, the company grows through lean operations, customer-focused discipline, and innovation tough government services at their core. This acquisition demonstrates the support IAP Worldwide Services receives from their board members and investors. For this reason, they will continue to pursue their dream as a company.

IAP Worldwide Services is one of the leading worldwide service and solutions company with more than six decades of professional experience. IAP Worldwide Services provides a wide range of solutions and services to the United States Government and other non-governmental organizations and agencies. The company is a world-class leader in the provision of management programs. The company integrates and leverages on their unique capabilities to provide innovative, safe, and reliable solutions to meet the diverse customer needs and imminent challenges.

Find more about IAP Worldwide Services on CareerBuilder

Giving Back: Sam Boraie’s Commitment to the Community

 

Sam Boraie is well known as one of the New Brunswick area’s most prolific real estate developers, but real estate is only one of his passions. Mr. Boraie puts both his time and money toward a number of philanthropic groups that make life better for some of New Jersey’s most vulnerable residents.

 

Elijah’s Promise is a nonprofit that doesn’t just feed the poor, but also teaches them how to feed themselves. As the old saying goes, give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime. This amazing group provides not only food to the poor, but also training in the food service industry. By providing free education in cooking and catering, the group helps people obtain job skills that make them highly desirable to employers. Once trained, their job prospects rise quickly from minimum wage to middle class and their entire life, and those of their children, changes for the better. Mr. Boraie sits on the advisory board and has been actively involved in the charity’s work in New Jersey.

 

Culture and the arts are also an important part of the Boraie family’s plan to revitalize New Brunswick. Mr. Boraie sponsors the State Theatre Benefit Gala every year, which routinely raises over a half million dollars annually for this nonprofit arts center. The State Theatre hosts a diverse group of exciting national and international performing artists, provides arts education programs and provides a major performing arts venue that enables members of the community to have a life-long association with the performing arts. It is housed in a stunning, completely renovated 1921 vaudeville/silent film house and is a historic landmark. Some of the additional programs sponsored by Mr. Boraie and his company, Boraie Development, include a free summer movie series where the community can view blockbuster movies on the big screen at no charge.

 

Another artistic venue that Mr. Boraie funds is the George Street Playhouse, a successful nationally recognized theatre that has launched many young actors’ careers over the past 40 years. This theater is also unique in that it has displayed a real commitment to helping the disabled enjoy the arts. They offer audio-described performances for patrons who are visually impaired, as well as large print and Braille playbills. For those with hearing impairment, they offer open-captioned performances and free use of assistive listening devices. The theater is fully handicapped-accessible so that no one need miss a performance!

 

Sam Boraie believes that it is our duty not just to wish for a better world, but to actively help create it. Whether that means rebuilding a neighborhood brick-by-brick, extending that helping hand and a chance for education to the less privileged, or working to ensure that everyone has access to art and the chance to participate in it, Sam is always willing to lend a hand in making our community of New Brunswick a better place now and for our children in the future.

Real Estate Companies in Brazil: Construcap’s Tale

Overview

There are a lot of people around the world who are interested in investing in Brazil. This is a country that has done really well financing over the past couple of years, and they are prepared to take things to the next level. A lot of companies in the country are having success growing their business and investing for the future. Construcap is a company that fits this definition. If you want to help people get to the next level, this is a great company to work with. They can explain buying and selling real estate to you in a way that makes the most sense. In the coming years, this is a company that will growth rapidly.

Finding a Property

In a hot real estate market, there are a lot of things to remember. If you want to invest in the future, you need to have a way to buy a property. Few people have the cash to purchase a property without financing. Construcap can walk you through the best financing options for your needs. In the coming years, this is a company that will continue to do well for its customers. There are a lot of people who are excited about the future growth coming out of Brazil, and Construcap wants to help you take advantage.

Planning

If you want to buy a real estate property in Brazil, this is a company that can help you during that process. There are a lot of people who are excited about what this company is going to do in the future, especially with all of the investments they are making. If you want to take things to a new level financially in your life, there are a variety of ways to do that. Anyone who has ever worked in this area knows just how difficult it can be to find the perfect property. Not only do you have to spend a lot of time looking for it, but you also have to be prepared to invest more for the future.

Vijay Eswaran And The QI Group

Malaysian businessman Vijay Eswaran is co-founder and executive chairman of the direct sales and e-commerce juggernaut the QI Group. Eswaran was first introduced to multi-level marketing in 1986 while studying at the London School of Economics and earned professional qualification from the UK company CIMA. He got more deeply involved in binary system marketing by working part-time for Synaptics while completing his MBA at Southern Illinois University. Through his knowledge, experience and vision Eswaran created a multimillion dollar direct marketing company which operates in 20 countries.

The QI Group is now an e-commerce-based conglomerate which offers travel, media, telecommunications, training, wellness and luxury products and corporate investments. The QI Group has grown tremendously from its humble beginnings in 1989. Today the company has its headquarters in Hong Kong, regional offices in Malaysia, Singapore and Thailand and countless independent marketing agents in almost two dozen countries throughout Asia, Africa and the Middle East. The company is known for offering affordable products and creating jobs and economic opportunities for millions of poor people.

The innovative marketing strategy of Vijay Eswaran and the Q1 Group has made him one of the richest men in Asia and a legend in Pacific Rim business circles. Eswaran has received many awards and other accolades for his work. He now spends much of his time giving speeches and writing on business and marketing. Philanthropy is now one of Vijay Eswaran’s primary areas of focus. Through his non-profit charitable organizations, the RYTHM Foundation and the Vijayaratnam Foundation, Eswaran runs community programs, provides mentorship and makes donations to needy individuals, groups and organizations.

Vijay Eswaran’s work has made him a beloved and well-respected figure in Asia. His philanthropy and business excellence earned him the New Global Indian award. Plus Forbes Asia named him one of Asia’s 48 ‘Heroes of Philanthropy’ for the positive work he has done for needy people in the region. The millions of jobs he helped create have lifted countless people out of poverty and given them hope and a much better quality of life. For millions of people Vijay Eswaran has truly been a godsend.

Sam Tabar’s Plans for Full Cycle Energy as the New COO

In 2015, Sam took a COO position at the Full Cycle Energy and stated that he was looking forward to applying his long history in law and finance to progress Full Cycle’s mission of attaining an environmentally friendly fuel alternative for the toxic high-cost fuels. Sam Tabar is presently a specialized hedge fund manager and capital planner. He earned his Master’s degree from Columbia Law School and a Bachelor od Arts degree from Oxford University, graduating with honors.

Mr. Tabar exercised his law schooling by beginning his career as an attorney for Skadden, Slate &Flom, Arps LLC, and Roth Schulte & Zabel, LLC. While working for his first legal firm, Sam Tabar advised clients on investment management, hedge fund creation, employment issues, side letters and regulatory and compliance matters. His other legal ventures include editing for the Columbia Business Law Journal and current membership at the New York State Bar.

His career also includes working for Capital Strategy for Merrill Lynch under the Bank of America. As the firm’s head, Tabar introduced fund managers to the relevant institutional investors offering foundations, funds of funds, endowments, pensions and family offices. His other role at the firm was providing consultancy services on legal and operations and structuring the back and front office teams.

Tabar has worked as the co-leader of marketing for the Sparx Group (PMA).The fund occupied the position of leading independent fund in Asia Pacific. He oversaw the global marketing strategies of the company. Sam Tabar participated in the beginning investment in Tribute and SheThinx. SheThinx is a firm that focuses on redefining the hygiene industry for women while maintaining a social mission.

Full Cycle Energy Fund began its operations in 2013to finance and created projects targeted to changing the high costing environmental waste into a clean and alternative energy that can serve communities all over the world.

The business strategy of the firm aims to invest in innovative electricity generating plants and reduce the use of toxic fuels that damage the environment. The source of the new energy is set to be the Municipal Solid Waste (MSW).