AMP Capital global property fund rating unchanged: S&P
AMP Capital’s global property funds will retain their five-star rating following the departure of the company’s London-based co-portfolio manager, Standard & Poor’s Fund Services (S&P) has announced.
Timothy Gibson has resigned from AMP Capital Brookfield, while Tom Walker has been promoted to the head of the London office and has assumed the role of co-portfolio manager for Europe. According to S&P analyst Peter Ward, the research house decided “there was enough experience in the team to cover the departure”.
AMP Capital Brookfield expects to replace Gibson with a more junior analyst.
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.