Experience Matters And Capital Group Delivers

Experience matters. A bit cliched, but still very true. In no matter what you do nor what professional capacity or service you seek to obtain or utilize, it matters. And in the field of capital investment and portfolio management it doesn’t just matter, it’s essential.

The Capital Group Companies and it’s subsidiaries is one of the oldest and largest financial services and investment management companies in the world. Established in Los Angeles in 1931, Capital group has grown to manage close to $1.3 trillion in assets and has offices around the world in the Americas, Asia, Europe and also Australia. It’s long standing core values and management philosophy of accountability and research have allowed it to grow steadily since it’s founding and avoid the problems of many other firms, especially during times of great economic stress.

In July of 2015, Capital Group named Timothy D. Armour as Chairman of Capital Group Companies following the tragic loss of former Chairman James Rothenberg. James suffered a fatal heart attack while on vacation at the age of 69. Timothy Armour was head of the company’s management committee and the succession came as a natural plan that had been in place for years prior, as discussed by all the firm’s senior management committee staff.

Timothy’s long career experience at Capital Group started in 1983 as a participant in the company’s Associates Program, following his earning a Bachelors Degree in Economics from Middelbury College. Upon completing the Associates Program, Timothy Armour served as an Equity Investment Analyst at Capital Group covering global telecommunications and U.S. service companies.

A review by Janet Lang, CFA and published by Morningstar in Oct. 2015 gave Capital Group’s American Funds subsidiary an overall grade of A for it’s outstanding corporate culture, as well as it’s board quality, fund manager incentives, fees and regulatory history. The review attributes it’s corporate success to such long standing portfolio managers like Timothy Armour and it’s commitment to a tradition of patience and steadfast dedication to long term investing goals that have kept Capital Group “among the industry’s strongest stewards of investors’ capital.” Now that’s the value of experience and what it can mean for you.

Related: Capital Group Considers Armour as Successor to Chairman


New Zealand Adheres to 2002 OECD Model Agreement


In the past years, New Zealand has been accused of being a tax haven. The statement accuses New Zealand of imposing no or very minimal tax to their investors. It also accuses it of not being transparent and not being able to exchange its tax information with other governments whenever requested. New Zealand government has denied these allegations stating that they are not even and will be on the list of tax havens. OECD is responsible for keeping the list of notorious tax havens.


New Zealand has been among the first countries to embrace the gold standards for transparency that were put in place in 2002 in OECD Model Agreement. The agreement dictates that the tax information can be shared internationally by any government or authority whenever need be. In 2006, Michael Cullen introduced new rules that ensured that any foreign trust had a resident trustee in any investment project. The laws also dictate that a Disclosure form is submitted and the financial records of the foreign individual are made available to the government. Some of the information that is captured includes sentiment details, trustee assets and liabilities, money spent and received by the trustee, and trust deed. In the case of any business being run by the trustee, accounting information, codes and charts are also captured. The disclosure form is filled in English and is stored by the New Zealand Government. Substantial penalties are given to whoever fails to adhere to these rules. These rules were enhanced in 2011 to control money laundering activities.


Mr. Cone’s Background

Geoffrey Cone is among the two top principles of Cone Marshalls Company. It is an international tax and law firm that was established in 1999. It is based in Auckland New Zealand. The company offers advisory services to family advisors, private banks, corporations, and attorneys who are responsible for partnerships. Geoff has a rich career background that comprises of 30 years’ experience in tax planning, trust and trustee management and a foreign trust.


Mr. Cone is a graduate of the University of Otago in New Zealand with LLB degree. He also has a postgraduate diploma in tax and trust laws. His law practice began in 1980 in Auckland New Zealand. His law practice made him appear in several courts serving in different capacities. Geoffrey Cone later moved to Christchurch. Here he acted as a partner and also acted as the chairman of partners in the law firm. Cone has also worked in the British West Indies for two years serving as a litigator. He later set up his practice in Auckland in 1999 known as Cone Marshall Limited. As at present, Cone Marshal Limited is the only law firm in New Zealand that majors in International and tax planning.


The OSI Group: From Tiny Meat Shop To International Meat Supplier

OSI Group is an Aurora, Illinois based meat processing company that supplies the retail and food service industries. Founded in 1909 by Otto Kolschowsky, a German immigrant, the company was initially a family meat market. He expanded his operation into the wholesale meat trade in 1917. In 1928 the company became known as Otto & Sons and for several decades it earned a reputation for providing the highest quality meats. OSI Group boasts $6 Billion in annual sales and was listed as the 58th largest private company in America by Forbes magazine.

In 1955, Otto & Sons made a deal that would later become its primary business. The sons of Otto Kolschowsky made a handshake deal with Ray Kroc and his new company called McDonald’s. The deal was for Otto & Sons to provide the fresh ground beef patties for the fledgling start-up. That grew into a very lucrative contract and the company eventually became one of McDonald’s four meat suppliers for its stores nationally with the invention of Cryogenic food processing in the late 1960s.

Related: http://www.meatpoultry.com/articles/news_home/Business/2016/12/NAMI_introduces_new_paid_educa.aspx?ID=%7BC8C5A7D0-97C3-4233-B479-7B05D569C977%7D&cck=1

Otto & Sons built a high-volume meat plant in 1973 in West Chicago. It had specially developed liquid nitrogen freezing tunnels and patty-forming machines. It also created Glenmark, a separate unit of the company that handled its non-McDonald’s business like providing specialty and processed meats to local restaurants and supermarkets. Otto & Sons changed its name to OSI Industries in 1975. Soon afterwards it became McDonald’s exclusive meat supplier and grow in prosperity and size with the success and spread of the McDonald’s franchise. Glenmark was acquired by Best Chicago Meat in 2011.

These days OSI Group offers a wide range of meat products. They include bacon, fish, hot dogs, meat patties, pork and poultry. They also offer vegetable and dough products. OSI provides meat to Papa John’s Pizza, Pizza Hut, Starbucks, Subway and other western fast food chains doing business in China. The company also produces and packages private label brands for some of its retail and foodservice customers. OSI, which has plants in Chicago, West Chicago and Geneva, Illinois, Fort Atkinson, Wisconsin, Oakland, Iowa, Riverside, California and West Jordan, Utah, uses the name OSI Industries, LLC for its U.S. plants. OSI Group also has over 65 facilities in 17 countries around the world.

Over the years the OSI facilities have been given numerous awards for health and safety risks management and environmental management.

Fabletics Moves to More Physical Stores

Working out is something that people are doing more every day. The bulk of the workout crowd goes to the gym. Fewer people are investing in treadmills in the home, but they are taking the time to invest in a nice wardrobe. This is something that a lot of people are doing when they want to make sure that they are going to look their very best in the gym. Fabletics is what has allowed a lot of women to look great over the years. There are all types of active wear numbers that are designed for women that want to look good in the gym. Many women that are concerned about the appearance when they are working out will want garments that are comfortable. This is what Fabletics provides. There are assortments of very comfortable garments for everyone that are interested in feeling comfortable.

The Fabletics brand has become one of the better brands for those consumers that are trying to build a wardrobe of cute clothes. It is interesting to see how this brand has managed to move from an online brand to more physical stores. Tons of stores are coming in the next 5 years, and this will increase the convenience of buying clothes even more. There have been some people that may not buy something to wear for the gym until they start going. Some people lose the workout clothes that they have. This is why it is so important to have physical stores. People that want to buy clothes from Fabletics will not have to wait. They can go right into buying all of the clothes that they need without having to wait for a shipment. That is a good move for Fabletics because it shows that this brand was can now compete with other companies.

It is one of the best garment websites for all of those people that have become interested in buying clothes that are designed by a celebrity. This is where many people take interest in what Fabletics is doing. She has become this major force that competes against other companies like Ivy Park that are run by Beyoncé. The celebrity buzz for Fabletics plays a big part in what this company is doing with the social media crowd. Many celebrities are thrilled about what this company is doing because they are seeing so many celebrities discussing it on the Internet.

Automation Eases Handy Inc. Shift to Profitability

“Critical Mass” is a key concept, driving start-ups to increase their growth as quickly as possible, at first. They must show their capital funding sources, that they have the mettle, client base and market to run a profitable business. Now, Handy Inc. has advanced to the next phase of “profitability;” it has used automation to trim costs.

“When is Startup Phase Done?”

Typically, each startup must pass through a number of different phases to reach full maturity. The Handy Inc. on-demand home cleaning service has survived each stage, while its competitors – Exec, HomeJoy and Mopp – have fallen by the wayside. Actually, Handy Inc. acquired Exec and Mopp.

In November 2015, Handy Inc. completed its “$50 million Series C venture capital funding.” During this funding, the capital sources suggested that further stages might not be available. The Handy Inc. CEOs needed to emphasize “profitability” immediately.

For some firms, this is a signal that the startup phase is done. Mature businesses must have enough cash flow to fund their activities internally.

“Cutting Costs Using Bots”

For the home cleaning industry, the customer support department is very important. One mistake can ruin your reputation.

Most consumers want to talk to a live operator, but this can be very expensive. After training their live customer service representatives, the CEOs of Handy realized that they needed to cut costs.

Finally, Handy.com. CEO Oisin Hanrahan concluded that “replacing people with software systems is the kind of decision that’s difficult emotionally but a no-brainer as a matter of business rationale.” This is one of the steps to becoming a mature business.

Now, that the bottom line is the top priority for Handy Inc., the “tough decisions” are becoming more frequent. Handy has survived so far, now they want to thrive!


Sam Boraie’s Commitment to Making New Jersey a Better Place


Sam Boraie is the VP of Boraie Development– a real estate company that provides many services focused on every area of urban real estate market including property management, real estate development and sales/marketing. The company has a team of professionals dedicated to building excellent properties while providing unmatched customer service to their clients.

Boraie draws its strength from working with architects with a vision and contractors who understand deadlines and ensure timely completion as well as the success of all projects.

Sam Boraie also sits on the board of different companies. He is one of the advisory board members at the Elijah’s Promise- an anti-hunger organization in New Brunswick, New Jersey.


About Elijah’s Promise


Founded in 1989, Elijah’s Promise not only provides food to the hungry but also use it as an instrument for change. Their services include:


Good Food for All


The agency started as a volunteer community soup kitchen serving the hungry people of New Brunswick, NJ. They prepare numerous nutritious and delicious meals every year because they believe each and every person has a right to access good food.


Social Enterprise


Elijah’s Promise believes in providing food enterprises that are beneficial to workers, consumers, and society at large. They, therefore, change the way people work and eat through viable food businesses that bring them closer to making the world a better place.


Education and Jobs


Elijah’s Promise provides people with the required tools for both personal and professional improvement. This can be through their community cooking classes or the extensive training in their culinary and baking programs. They simply work to empower lives.


Sam also sits on the Historical State Theater’s board of trustees. According to Newark Mayor, Cory Booker, CityPlex12 Theater is the best place in New Jersey to watch a movie. Owned and operated by Shaquille O’Neal in partnership with Boraie Development, the theater underwent a massive renovation at the beginning of this year to increase the total seating capacity to about 2,400 and its footprint to around 45,000 square feet.


According to Wasseem Boraie, one of the Boraie sons, the team at Boraie has been working extra hard to deliver a state-of-the-art theater with stadium seating and digital projection to their customers. It is the best theater in New Jersey! The theater will serve as a token of appreciation to its customers who have always supported it since its opening. It is meant to appeal to a wide audience of movie lovers that demand excellence.


Situated in the middle of the Central Ward, CityPlex12 attracts people from all the five wards who come to watch the latest movies from Men in Black to Madea. Some of the high-end amenities include RealD-3D, Dolby 7.1 digital sound, a new concession stand and Barco 4K Digital Projection for all the 12 theaters. The theater will not only entertain Newarkers but also provide a source of employment to them.


Boraie Development is committed to its vision. Their 30-year development track record makes them one of the most preferred developers in New Jersey. They are dedicated to creating projects that attract residents, tenants, and financial partners who are happy with their long-term ownership commitment.



Don Ressler Brings Fun To Athletic Fashion

A lot of attention is paid to fashion. One of the reasons is that fashion can be very fun. However, it can be surprisingly hard for women to find some fun outfits that make them feel very good about themselves when it comes to certain categories. The truth is that there are only certain types of clothes that are made for fun and creativity. For instance, a lot of fashion has been made for women that are of average size. Women who are outside of the normal size range often find themselves feeling left out. However, it does not stop there. There is also no room for creativity for women when it comes to active wear.

One thing that Don Ressler understands is that women are more conscious about their overall appearance and health than men. Therefore, they should be able to enjoy some of the great fashion in athletic clothing as well. After all, women work really hard to keep up a good appearance. Don Ressler should be able to dress well to enjoy the journey as well. Don Ressler has addressed this with Fabletics. As a result, women find it more enjoyable to wear clothes that are from the athletic retailer.

Fabletics is a company that has branched out from JustFab. It has also been one of the most successful brands of the company. It has grown in many different directions which included adding a men’s line and being all inclusive for women. One thing that stands out about the athletic clothing from Fabletics is that these are pieces of clothing that people could wear to other occasions as well.

Don Ressler is someone who works really hard in bringing the company to the next level of success. Once he reaches a goal, he immediately thinks about the next goal that he can pursue. This is one of the reasons that Fabletics is always moving forward. He uses his creativity in order to maximize the amount of customers that he brings to the company. Among the methods Don Ressler uses is the help of Kate Hudson when it comes to marketing the company.

Read more:
Don Ressler, CEO of Fabletics by Kate Hudson – Our Interview
Video: JustFab’s CEO on what it’s like to be a unicorn

The Growth of Construcap Over The Last Decade


There are a lot of companies that have grown rapidly in Brazil over the past couple of years. With the high rate of economic growth, it is no surprise that real estate companies are doing well. Construcap is a company that has served Brazil over the past few years well. With all of the investments it has made into the country, a lot of people are excited about what the future holds. If you want to invest in a quality company, this is the way to go. They have a track record of success that is better than most companies, and they are able to help their customers with their real estate purchases. Over the long term, this is a company that will continue to do well financially.


When the company was first started, Construcap wanted to help a lot of people with their real estate dealings. There are many people moving to Brazil, and buying a new home in a new country is not an easy thing to do. Over the long term, this is something that a lot of people are worried about. There are too few houses for the demand, and builders are simply not able to keep up with the demand. This has caused a big glut in the market today, and a lot of people are worried about how to invest for the future. This makes real estate companies like Construcap more valuable than ever before. It will be interesting to see how this company responds in the coming years.


New technology plays a vital role in how well Construcap is doing. They make it easy for clients to interact with their financial transactions, and they have real-time data that customers can look at before making a decision. All of these factors play a huge role in how well the company is going to do in the coming yeas. If you want to invest in the future, there are a lot of things to keep in mind. Working with Construcap is a great way to ensure you make the correct decisions.

Brad Reifler: The Definition of a Successful Young Adult

Brad Reifler is an American entrepreneur. His is well-known as the chief executive and founder of Forefront Capital. He is the former CEO and founder of Pali Capital. This is global finance firm. Before founding the company, he was a star Refco trader. Reifler Trading Company, his first venture into business, was acquired in 2000 by Refco. Refco is also a director at Mercury Sino Company. For over five years, he has worked as a director at the Genesis Securities, Foresight Research, and the European Investment Bank.

You can have someone’s life transformed through sharing the following vital principles. For them to enhance their lives, they must have a master of the following principles.

The Impact of Compound Interest

According to Brad Reifler, the young people that start saving as little as they earn will eventually develop wealth. While their money grows in a compounded interest, you add the interest to the principle to result in a new balance in policy. These effect of compounding will make you gain much over a long period when you retire.

You are Paid Less than You Earn

Thanks to the deposit direction. Most people ignore the figures in their salaries. There is much information you neglect to know in the pay slips. Your payslips break down the actual money in your account. The paper also shows you the amount of deductions by the government. You must realize that some of your money is paid to the social security contributions and the state income tax. Local taxes also form part of the deductions.

The Importance of Budget

When businesses create budgets, they want to stick to their income and spend as much as they earn. For this reason, any person who intends to succeed as a business must understand the importance of a budget. You must account for any money you spend and save. As a matter of fact, people should regard themselves as businessmen to handle their money better. You should balance expenses and income with the future in need to help you avoid unmet needs and endless doubt. A budget defines a lucky person. It also separates a good business man from a consumer.

Real Estate Investment Opportunities in Brazil

Real estate is one of the more complicated investments you can pursue in Brazil. Pursuant to their law, URBAN property can be acquired by any foreign citizen, and buying real estate in the urban areas is considered to be a relatively secure investment. Their real estate market is well-developed, and an organized and safe property registration system is in place.

However, for RURAL areas, there are limitations on investments. Foreign individuals who plan to migrate to Brazil may purchase rural properties directly from abroad, but they must realize that they have to come to live there within three years from the date of acquisition. Rural properties acquired by foreign companies must be destined for the implementation of industrial, agricultural, or settlement projects, and these activities must be related directly to the purposes of the companies.

Note that non-residents and foreign individuals may also invest in rural and urban properties by direct ownership from abroad or through partnerships or resident companies.

Provisions That Need to be Taken

* In order to buy a piece of property, a tax registration number is required from the Cadastro de Pessoa Fisica (CPF).

* Although the Real Estate Agent’s fee is paid by the seller, the buyer has to pay the fees for registration, a transfer tax, the lawyer, the notary, and 6 percent to 8 percent of the price for costs.

* Both parties sign a public deed, drafted by a private notary public, who registers the sale at the real estate registrar. Real estate can only be registered at a single registry, which makes it a safe system.

* There are 13 procedures to register a property, which takes about 42 days to complete.


Once a suitable piece of property has been successfully purchased and it is time to place a building on it, it is then necessary to find a reputable and well-experienced firm to do its part. One fine example is CONSTRUCAP, which is among the biggest ten construction companies in Brazil.

Having been in business since 1944, the success of the privately-held CONSTRUCAP has been its developmental system, technological innovation, employee work methods, and respect for the environment.