AMP Capital extends offering
AMP Capital has moved to make its Luxembourg-based UCITS platform Global Listed Infrastructure Fund and Global Real Estate Securities Fund available to institutional investors in Asia.
The company announced the move this week saying launch of the UCITS-compliant funds to Asian investors was part of AMP Capital’s long-term strategy to continue to grow its business in the region.
As well, it said it followed other significant developments over the past 12 months such as the joint venture with China Life.
AMP Capital chief executive International and Head of Global Clients, Anthony Fasso said the announcement marked the continued evolution of AMP Capital’s UCITS platform, which was launched in April with US$156 million in assets under management and targeting investors in the UK, the Netherlands and Luxembourg seeking pooled fund-access to AMP Capital’s global listed infrastructure and real estate capabilities.
“The extension of our UCITS platform to investors in Asia represents a milestone in AMP Capital’s development in the region,” he said. “UCITS is the most common investment vehicle in Asia and in particular we see significant investor demand in Hong Kong and Singapore.”
AUTHOR
Mike Taylor
Recommended for you
Insignia Financial has granted CC Capital access to select company information in the hope of securing an improved offer from the private equity firm.
Recruitment agency Robert Walters has revealed the expected salary ranges for Australian financial advisers in 2025, with one particular state seeing a decline.
As global PE firms scope out the Australian wealth management industry, Finura predicts which other local names may potentially receive a takeover offer this year.
The Sydney-based advisory group has welcomed a new partner to its ranks, who previously led advice licensee businesses at Insignia Financial and MLC/NAB.
