Sydney headquartered AMP Capital with $120 billion in funds under management has announced a series of management changes. The firm says the aim is to accelerate AMP Capital’s growth and support the business’s international expansion.
AMP Capital will now orient its distribution teams around client groups in three regions – Australia and New Zealand, the North-West region (Europe, India, Middle East and the Americas) and Asia – and has appointed an executive for each region.
«The global business model has been enhanced to help us to align our resources more effectively as we tailor our support and offerings across regions,» said Adam Tindall, AMP Capital CEO.
Asian Expertise
Anthony Fasso, currently Director, International, will now focus on distribution and strategic partnerships in Asia and lead global coordination of client and consultant coverage. He will take on a new role as Global Head of Portfolio Strategy and Director, Asia.
Fasso was previously Chief Executive Officer of AXA Rosenberg Asia Pacific and AXA Investment Managers Asia Pacific and also held the post of Chief Executive Officer and Head of Institutional Asset Management at Bank Julius Baer in Hong Kong.
Investment Model Unaltered
Boe Pahari will take on leadership of the distribution functions supporting the North-West region while continuing to manage the Infrastructure Equity business as Global Head Infrastructure Equity and Director, North-West.
Craig Keary, who currently leads distribution in Australia and New Zealand, becomes Director, Australia and New Zealand.
AMP Capital will also bring its operations and finance functions under one combined Chief Financial Officer (CFO)/Chief Operating Officer (COO) role, which will be held by Margaret Payn, who is currently AMP Capital’s CFO.
AMP Capital’s investment teams will remain unchanged.
