Henderson goes global
The AMP Asset Management brand has now officially disappeared from the Australian market.
From today, all of AMP's funds management operations around the world will use the Henderson Global Investors brand. In Australia and New Zealand, operations will be known as AMP Henderson Global Investors.
AMP Henderson Global Investors says the change of name is designed to reflect the increasingly global nature of AMP's funds management business. AMP manages about $275 billion around the world, including $69 billion in Australia, $170 billion in the UK and $12 billion in the US.
Spokesperson Stuart Guinness says the group is expanding internationally rapidly, including plans to significantly build its Asian operations. He says the group is particularly interested in Japan, Singapore, Hong Kong and Taiwan.
AMP bought Hendersons about two years ago and has been gradually restructuring AMP's funds management operations to accommodate the UK-based investment giant.
Australian managing director Jack Ritch reports directly to worldwide managing director Roger Yates. Ritch's predecessor Andrew Mohl formerly reported to AMP managing director Paul Batchelor.
AUTHOR
Recommended for you
As the government announces a public inquiry into the collapse of Dixon Advisory, risk adviser Richard Silberman has detailed the three areas that typically lead to an AFSL's collapse.
With a growing number of advisers now running their own business, they need to pivot their career identity to being a business owner rather than just as a financial adviser if they want to futureproof their business.
Zenith Investment Partners has launched a range of new managed account portfolios over the past quarter, including on Insignia Financial’s Expand platform.
The financial services technology firm has officially launched its digital advice and education solution for superannuation funds and other industry players.
