Home / Analysis / Sipek departs from AMP Capital

Sipek departs from AMP Capital

Analysis

(Pictured: Peter Sipek)

Peter Sipek, director of investment services at AMP Capital, has resigned and left the firm, having headed up investment operations for AMP’s funds management arm since 2006.

An AMP spokesperson said that the recruitment process was underway and, until the position was filled, Sharon Davis, AMP Capital’s chief operating officer, would oversee the investment services team.

  • AMP Capital is generally considered as having the best investment services unit of any Australian funds manager. Perhaps because of its history, also, of owning a standalone asset-servicing business – the former Cogent – it also has a uniquely close relationship with its custodian, BNP Paribas. BNP acquired the London-based Cogent in 2002 for about A$400 million. The business had been spun off, in the 1990s, from the former AMP Administration Service. AMP is BNP Paribas’ largest client in Australia.

    Before joining AMP as head of investment operations, Sipek held a similar position at Colonial First State for about eight years. Before that he worked at Prudential Portfolio Managers, Tulley & Tokyo and National Australia Bank.

    He had been an executive director of AMP Capital since December, 2011.

    Investor Strategy News


    Related
    China’s drive for technological supremacy faces major roadblocks

    Beijing has taken some big IT strides to be a formidable challenge to the West. What is holding it back is an increasingly centralised approach to innovation, restricting the spread of new technologies that foster productivity and progress.

    Amundi Investment Institute | 24th May 2025 | More
    An economically reforming China offers fresh investment opportunities

    With US President Donald Trump overturning the 80-year world order, it has never been more imperative for Australia – including financial institutions – to nurture a better understanding of the Middle Kingdom.

    Nicholas Way | 15th May 2025 | More
    Product innovation rapidly expanding private market opportunities

    Once the exclusive domain of institutions and family offices, managers are increasingly bringing these versatile and valuable investment products to the wealth channel.

    Tony Davidow | 11th May 2025 | More
    Popular