AMP Capital adds to its capital equity team
AMP Capital has recruited three new members to its capital equity team, assigning Jonas Palmqvist and Andrew Lally to dual roles of senior portfolio managers and analysts, while Thomas Young will join the company as assistant portfolio manager.
Palmqvist, who will analyse the financials sector, joined AMP Capital from fund manager Swedbank Robur. Prior to joining Swedbank Robur, he worked for Merrill Lynch in London and Swedbank in Stockholm.
Lally will cover energy, infrastructure and property. He was promoted within AMP Capital’s ranks, working previously as a senior portfolio manager and head of credit research for the fixed income team.
The third member joining AMP Capital is Thomas Young, who has been appointed as assistant portfolio manager. Young recently completed the AMP Capital graduate program.
These appointments bring the number of the Australian capital equity team members to eight.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
