AMP Capital ends joint venture AMP Brookfield
AMP Capital has announced that it has ended its joint venture AMP Brookfield following a strategic review.
The decision to discontinue the venture was aimed at continuing to strengthen AMP Capital's offering to domestic and international clients, AMP Capital chief investment officer David Kiddie said.
As part of its scaled up investment capability, AMP Capital stated that its global listed real estate and infrastructure teams will now be able to access the business' broader investment teams, enabling additional insights into global and regional trends.
The specialist investment manager has also announced the appointments of new analysts to manage AMP Capital's global portfolios in-house.
Matthew Hoult has been appointed as AMP Capital head of global listed real estate and will be based in Sydney.
AMP Capital has also announced that a team of listed real estate professionals based in Chicago have been appointed to monitor trends in the Americas. The team will be lead by AMP Capital senior portfolio manager Joseph Pavnica.
With the further additions of Robert Thomas, Matthew Hodgkins and Dominic Cappellania as portfolio managers/analysts, the team now has 15 listed real estate professionals.
Appointed to the role of AMP Capital head of global listed infrastructure, Tim Humphreys will team up with existing portfolio managers Jonathan Reyes and Joseph Titmus, and newly-appointed portfolio managers/analysts Kevin Scutt and Giuseppe Corona.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.