Entrepreneur, Investment Banking

The Cox School of Business, a Dallas-based business school offering graduate and undergraduate business programs to a diverse student demography has appointed James Dondero to its board of executives.MrDondero believes that his position as a board member of the most successful institution in the region will not only be a way to give thanks to the school for creating a conducive business environment but also a way to impart his practical knowledge and experience to the institution’s decision making process.

He will now be part of the 100 appointed member of the Southern Methodist University Cox School of Business Executive Board that focuses on giving the business school strategic advise. The boards meets up thrice a year – in winter, spring and fall.The new board member appointment increases Highland Capital Management, a company Dondero helped co-found, commitment to SMU and its education policies. The Highland Capital Management is not only a role model to many students but also an institution that encourages professions and academics to pursue public policy and other practical investment study and research ventures.

About Mr James Dondero

Mr James Dondero is the co-founder and president of the credit advise company, Highland Capital Management. The experience he has gathered running the company since 1993 has earned his a reputable position in the equity and credit market with special focus on distressed investments and high-yield ventures.In addition to his position as the Highland Capital President, MrDondero is also the Chairman of CCS Medical, Cornerstone Healthcare and Nexbank. He also holds board member positions in MGM Studios and American Banknote. His career began back in 1984 when he set out as an analyst in the Morgan Guaranty training program after his graduation with highest honors from the University of Virginia before going on to get dual majors in Finance and Accounting from McIntire School of Commerce.

Business, Entrepreneur

The recent market selloff in China whose ripple effects have been felt across many economies has sent many investors scrambling for expert opinion especially from investment and financial advisors. On the surface, it portends dark days ahead for the investors considering that sent many markets tumbling. However, exerts such as Timothy ‘Tim’ Armour have a different opinion. He holds that the recent market selloff is as a result of the markets correcting themselves. The correction marks a curling process aimed at weeding out the excess funds pumped into the markets by investors especially following the economic optimism that came on the backdrop of global economic crisis. The industry veteran with over three decades of experience believes that the 2015 selloff will set the Chinese market on a faster growth path. The reputable portfolio manager who currently serves as the chairman of Capital Group believes that this will further present investors in Chinese market with greater returns on investment and investment opportunities. Tim Armour holds that these are part of the market cycle and despite the tumble, China’s economic growth will still remain stronger that many compared to many leading economies.

 

Investment Philosophy and Leadership Succession at Capital Group

In addition to his duties as the chairman of Capital Group, Timothy (Tim) Armour also doubles up as the company’s chief executive. His long career gives him a deep insight in industry trends and operations. He has challenged the commonly held view that passive investments are ideal investment tools. While noting the successes associated with passive investment, Tim Armour holds that it encourages investment mediocrity, is susceptible to economic downturns and investors are at risk of being fleeced by the investment managers. He believes that active investment, while is characterized by numerous risk, has the potential of reaping greater returns on investment and more information click here.

Tim Armour’s rise to the helm of Capital Group in July 2015 was a result of a longstanding process that began when he joined the company where he has spent the whole of his professional career. He joined the company through its Associate Program and rose through the ranks to join the multi-tiered management. Though necessitated by the death of Jim Rothenberg who was the sitting chairman, his rise had been set in motion following his appointment as the chairman of the management committee and learn more about Tim.

More visit: https://www.americanfunds.com/advisor/insights/market-commentary/tda-rwl-qavolatility.html

Entrepreneur

Most business leaders that become successful point to someone that they’ve found inspiration or motivation from, and sometimes that person isn’t a businessman. In the case of Malaysian entrepreneur and philanthropist Vijay Eswaran, it’s one of India’s greatest leaders Mahatma Gandhi. Eswaran has been drawn to Gandhi’s principles of not only peace and non-violent civil disobedience, but also his beliefs on the importance of listening and watching instead of being quick to speak. Vijay Eswaran has taken spiritual principles from Gandhi about silence and mediation and practices them himself every day. Eswaran believes that business shouldn’t always be about running over others and doing anything just to get ahead, but also making personal sacrifices on Facebook in order to help others succeed.

Vijay Eswaran is from Malaysia where he was raised by a government worker and school teacher. His father’s job often required him to move, so he saw a lot of Asia’s impoverished areas growing up. He decided he wanted to go into business for himself eventually, and he was able to attend the London School of Economics where he got started by getting a degree in socio-economics. The road wasn’t entirely easy for Eswaran who spent a year doing hard manual labor in construction and grape picking, but he was directed to London’s CIMA certification program at philanthropies.org/vijay-eswaran-2/ while cab driving there.

Read more: @vjayeswaran

Eswaran got his MBA from Southern Illinois University not long after that and started out as a consultant for various IT companies but did work on the side in direct selling. In the early 1990s, he had the opportunity to go into full time multilevel marketing work when he joined The Cosway Group. Vijay Eswaran started his own company in 1998 along with Joseph Bismarck that became The QI Group. The QI Group became known for ecommerce and luxury product sales through QNet and QLifestyle, through which products were distributed and sold through independent sales representatives. QI Group also owns QI Asset Management, Quex Courier and Quest International University Perak.

Vijay Eswaran has spoken on a lot of global business initiatives at the World Economic Forum, and was mentioned in Forbes Asia’s 2011 Heroes of Philanthropy for giving back to his community through RYTHM Foundation. Eswaran is also co-Chair of the Vijayratnam Foundation along with his wife Umayal. He is also the author of the book, In The Sphere Of Silence.

Entrepreneur

We all love animal analogies and their use in the securities trading world is no exception. The main things that come to mind with elephants is that they are big, intelligent and can grow very old. In the trading business world, institutional investors are called elephants because of their size and intelligence in making decisions as stewards of other people’s money. An institutional investor is usually a group of people that together make trading decisions in such a large number that their organization qualifies for preferential treatment.

Capital Group is an elephant. Led by Timothy D. Armour as its chairman and principal executive officer, the Capital Group Companies manage over $1.4 trillion in assets, employ over 7,000 people, and has a history that goes back over 80 years. Thirty-three years ago, Timothy Armour joined Capital Group’s Associates Program after earning a bachelor’s degree in economics from Middlebury College. He has championed in-house research on the long-term benefits of active fund management. When criticism of Capital’s secrecy grew, Tim was instrumental in the decision to lift some of the secrecy around its operations and share more information with the media.

Timothy Armour became chairman of Capital Group after the death of its chairman, Jim Rothenberg, on July 2015. At the time, Tim Armour was chair of Capital’s management committee and a key deputy to Mr. Rothenberg. In October 2015, Janet Chang, CFA, wrote for Morningstar about American Funds, a subsidiary of Capital Group, after its recent Stewardship Grade “A” award. Janet analyzed Capital Group’s firm’s corporate culture, praising its new chairman, Timothy Armour, and the other committee members, for their continuation of the firm’s patient and long-term approach, which over its 80-year history has been the distinguishing characteristic of the firm’s investment philosophy.

On a September 2015 market commentary, Timothy Armour considered the US investment market volatility a healthy and expected correction that removed pockets of excess. After a six-year bull run in the U.S., some companies and sector valuations were stretched. Today we face increasing challenges in the U.S. economy and significant changes are expected with a new presidential administration. In that same interview, Tim Armour also called for short-term interest rates to gradually start moving higher so that “capital flows to areas where there are adequate returns” continues to be good advice.

Related: Capital Group Considers Armour as Successor to Chairman

Entrepreneur

Adam Goldenberg is certainly one of the first people that will come to most experts minds when they are asked who the most successful young CEO in Los Angles is right now. Many people don’t consider him to be that young because he has been around on the scene for so long. Goldenberg got his start before he was even 18, though. Ever since his initial success, he has produced a long track record of successful businesses that featured him at the helm. Adam Goldenberg credits this to his ability to use numbers and statistics and his hiring practices.

Track Record

The Gamer’s Alliance was Goldenberg’s first successful venture as a business owner. It was a gaming network that was extremely popular in the mid-1990s. Adam was the president and creator of the company at just the age of 16. He later sold the company to Intermix media, which was a division of Myspace. He worked for that company until 2006 when he founded Intelligent Beauty with a partner.

Intelligent Beauty was what is known as an internet brand incubator. The company was responsible for helping other companies raise funding while developing their brand and their imaging as a start up on fabletics.com. The incubator was hugely successful right off the jump as they raised over $50 million in capital funding in just their first year of existence.

Goldenberg has a long history of recognizing where there unused areas in the market. Goldenberg noticed in the early 2010’s that subscription-based services were becoming a huge hit. They were working for all kinds of media and food companies. Goldenberg noticed that there was a void in this marketplace when it came to fashion.

This is what led to him creating JustFab, a subscription-based retail clothing a company. Customers can pay a monthly fee to have access to the catalog and all of the different fashions and styles that it offers at a steep discount. The most popular clothing brand that operates under the JustFab umbrella is Fabletics. Fabletics is a women’s athletic wear company that is owned by Hollywood actress, Kate Hudson.

The Goldenberg-led fashion company has seen immediate success since in inception in 2012. Fabletics is now looking to move from being almost solely based in e-commerce to a more balanced sales attack. The company’s goal is to open about 100 new retail storefronts in the next 5 years across the United States.