AMP Capital expansion to benefit investors
Manama, March 28, 2012
GCC investors stand to benefit from the expansion of one of Asia Pacific's largest investment managers, according to AMP Capital, which has its regional headquarters in Bahrain.
Sydney-based AMP Capital has offices in the centre of the most established world capital markets and has scaled up its listed real estate and infrastructure capability to deliver global portfolio management in-house following the appointment of several new portfolio managers/analysts.
As part of AMP Capital's continued international expansion it has decided to end its joint venture AMP Capital Brookfield.
This decision allows AMP Capital to take full control of all aspects of the investment platform and follows a strategic review, according to Bahrain-based AMP Capital's head of Institutional Business, Middle East, Piers Wheeler.
AMP Capital chief investment officer David Kiddie said the decision is aimed at continuing to strengthen AMP Capital's offer to clients both domestically and internationally.
'AMP Capital now has the investment capability to deliver full global portfolio management of listed real estate and infrastructure to our clients and partners,' Kiddie remarked.
The global listed real estate and infrastructure teams will be able to access AMP Capital's broader investment teams, enabling additional insights into global and regional trends.
AMP Capital has appointed senior investment professionals to add to the existing breadth and depth of experience in the teams. Importantly, all current AMP Capital Brookfield real estate investment professionals based in Sydney, Hong Kong and London will remain with AMP Capital.
Matthew Hoult has been appointed as AMP Capital's head of Global Listed Real Estate, based in Sydney.
A team of listed real estate professionals based in Chicago has also been appointed to cover the Americas.
The team will be led by senior portfolio manager Joseph Pavnica, former BNP Paribas Investment Partners head of American Real Estate.
Pavnica brings 15 years' experience in equities analysis and portfolio management, including 11 years dedicated to the listed real estate sector.
Other new appointments to the listed real estate team are portfolio manager/analysts Robert Thomas, Matthew Hodgkins and Dominic Cappellania.
AMP Capital has one of the world's most experienced listed infrastructure teams. Tim Humphreys will become head of Global Listed Infrastructure and assume portfolio management responsibility for AMP Capital's global listed infrastructure strategies, supported by four analysts in Sydney and London.
The team of four analysts includes existing team members Jonathan Reyes in Sydney and Joseph Titmus in London, as well as two new appointments which bolster the listed infrastructure team based in London Kevin Scutt, portfolio manager/analyst and Giuseppe Corona, portfolio manager/analyst.-TradeArabia News Service