AMP Capital

The $250 billion industry fund has hunted two new heads for its investment team while it chips away at a digital transformation project that will support its move to internalise 50 per cent of assets.

Specialist investment and wealth management consulting firm KONU has boosted its ranks with the addition of the former chief operating officer of AMP Capital Public Markets.

Rest has flashed its sustainable and private markets credentials with a stake in AMP Capital’s schmick redevelopment of 50 Bridge Street.

Apostle’s People and Planet fund was tailor-made for Statewide Super’s members – and has interesting implications for an industry trying to meet a new wave of demand for sustainable options.   Two years ago, many institutions were still outsourcing their socially responsible investing (SRI) to AMP Capital or Pendal. But the Boe Pahari controversy saw…

AMP Capital has a new name and new suitors as it approaches a demerger in June. But AMP CEO Alexis George is playing her cards close to the chest. After a short stint as “PrivateMarketsCo”, AMP Capital will become Collimate Capital in an effort to provide a clean slate in the aftermath of the Boe…

Josh Frydenberg’s unilateral changes to proxy advice regulation look increasingly unjustifiable. The question that remains is why they were forced through in the first place. The changes, rammed through in late 2021 using regulations powers, will make it nearly impossible for the Australian Council of Superannuation Investors (ACSI) to operate with a requirement that it…

Treasurer Josh Frydenberg has sidestepped the Senate to push through controversial reforms to proxy advice, casting the future of the Australian Council of Superannuation Investors (ACSI) into doubt. The reforms were pushed through using regulations powers in late December, at a time of year when much of the financial press is winding down and after…

Boutique fund manager Pella has nabbed a trio of high-profile names for its advisory board as the ex-Pengana crew shop their proposition to the institutional market. Debbie Alliston, former chief investment officer for AMP Capital’s Multi-Asset Group and head of portfolio management, has joined the advisory board of Pella Funds Management. Alliston was with AMP…

AMP Capital will continue in a A$29 billion investment management gig with Resolution Life after selling down its stake in the insurer last week. According to an AMP spokesperson, there has been “no change to the [Resolution] mandate for AMP Capital” post the agreement to offload its over 19 per cent holding in the life…

David Atkin is to become the new chief executive of PRI, it was announced in London last night (November 1). He takes up the role on December 10 when fellow Australian Fiona Reynolds departs for home after nine years. Reynolds has just seen out a successful annual PRI conference and is remaining with the organisation…