GCC investors stand to benefit from the expansion of one of Asia Pacific's largest investment managers, AMP Capital.
With Middle East headquarters in Bahrain, 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, Mr 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," Mr Kiddie said.
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.
The global listed real estate and infrastructure team will continue to manage more than A$5.5 billion on behalf of clients.
In addition, AMP Capital has appointed senior investment professionals to add to the existing breadth and depth of experience in the teams.
Global listed real estate appointments
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. Mr Hoult has 14 years' industry experience, and was formerly BNP Paribas Investment Partners Chief Investment Officer Global Property.
"Matthew brings significant experience to our global listed real estate capability and complements the team's existing in-depth regional expertise," Mr Kiddie said.
A team of listed real estate professionals based in Chicago has also been appointed to cover the Americas.
The team will be lead by Senior Portfolio Manager Joseph Pavnica, former BNP Paribas Investment Partners Head of American Real Estate. Mr 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:
- Robert Thomas, Portfolio Manager/Analyst
- Matthew Hodgkins, Portfolio Manager/Analyst
- Dominic Cappellania, Portfolio Manager/Analyst
These new appointments boost the team to 15 listed real estate professionals.
Global listed infrastructure appointments
AMP Capital is proud to have 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
- Giuseppe Corona, Portfolio Manager/Analyst
Mr Scutt brings over 24 years' funds management experience, with a strong background in listed infrastructure investing.
Mr Corona has over 10 years' funds management experience, including eight years with Bear Stearns Asset Management in New York.
"We continue to see increased demand for global listed real estate and infrastructure domestically and internationally and we already have a strong client base spread throughout the Middle East, Asia Pacific and Europe," he said.
"There are significant opportunities in global listed real estate and infrastructure markets, particularly as the demand for yield and regular income grows.
"By bringing the global listed real estate and infrastructure capability wholly in-house, we now have a world class team, as AMP Capital enters an exciting growth phase," Mr Kiddie concluded.
Middle East media enquiries:
Megan MacLeod
Managing Director - Warren MacLeod
Mob: +973 39331823
Off: +973 77220015
Fax: +973 77220016
megan@wm-me.com
www.wm-me.com
Global media enquiries:
Emily Ritchie
T + 61 2 9257 5615
M + 61 407 287 256
E emily.ritchie@ampcapital.com
AMP_AU
About AMP Capital
AMP Capital is a specialist investment manager with over A$123 billion in funds under management as at 31 December 2011 and more than 250 investment professionals. It has investment professionals on the ground in Australia, Bahrain, China, Hong Kong, India, Japan, Luxembourg, New Zealand, Singapore, United Kingdom and United States.
AMP Capital is a global investment leader - in real estate, infrastructure, fixed income, equities and multi-asset investing. It invests in listed and unlisted real estate and infrastructure.
AMP Capital is one of the most experienced global infrastructure managers with more than 20 years experience and over 80 infrastructure (equity and debt) investments globally since 1988. AMP Capital was one of the first to invest in infrastructure when it participated in the financing of the Sydney Harbour Tunnel, Australia in 1988. AMP Capital's European infrastructure business invests in a portfolio of infrastructure assets diversified by European countries and sectors including, energy/utilities, transport, social and asset life cycles. Assets include Thames Water, Wales & West Utilities, Angel Trains and Compania Logistica de Hidrocarburos (CLH). AMP Capital today manages unlisted and listed infrastructure investments in Asia, Europe, North America, Australia and New Zealand.
With over 45 years of experience, AMP Capital is one of the most recognised real estate fund managers in Australasia. We have developed some of the best-known properties in Australia and New Zealand including building Sydney's first skyscraper in 1962, still home to the AMP head-office today.
In addition, AMP Capital was a pioneer in the global listed real estate sector in Asia Pacific, launching one of the first global products in Australia.
AMP Capital is a wholly owned subsidiary of AMP Limited. Established in 1849, AMP has more than 160 years of experience providing financial services, and is one of Australia's largest retail and corporate pension providers.
www.ampcapital.com
© Press Release 2012
