Investment Magazine

AMP Capital to launch global resources fund

  • 20 February, 2012
  • 1 comment
  • print
This is an archived article originally published on I&T News
“John Payne’s appointment will allow us to launch a global resources fund," says AMP Capital’s Ella Brown.

AMP Capital, the asset management unit of AMP Ltd., will seek investor money for a new global resources fund that will be managed by John Payne.

Payne, 52, worked at Hexam Capital and Baring Asset Management. He joined the Sydney-based firm on February 15.

AMP Capital has about $123 billion in assets under management

“John’s appointment will allow us to launch a global resources fund to meet increasing demand from our clients in Asia and the Middle East,” AMP Capital’s head of fundamental equities Ella Brown says in a statement.

AMP Capital has also hired Andy Gardner, 29, and Ed Rayner, 40, as portfolio managers.

Rayner, who was seconded from AllianceBernstein in October, will become a senior portfolio manager effective April 1. Rayner’s role also includes the responsibilities of an analyst.

Gardner joined the firm on January 16 from the bankrupt MF Global. He will also analyse Australian mining stocks.

Both men join AMP Capital’s Australian fundamental equities team which now has 13 members.

The team includes portfolio managers and analysts Gian Pandit, Jonas Palmqvist, Michael Price,
Andrew Lally, Adrian Lemme, Carlos Castillo, Phillip Hudak and Thomas Young, as well as economic, social and corporate governance analysts Ian Woods, Mans Carlsson-Sweeny and Karin Halliday.

© Copyright: Whole articles from this website and newsletter cannot be reproduced without permission from the editor. If you wish to publish introductions to any article please ensure that it links to original content site, and that it shows clear attribution to Investment Magazine, plus author name and date. Failure to abide by this request will be considered a breach of copyright and legal action will be taken.

Is core property and global infrastructure heading for a price bubble?
  • Wang lee

    Not one member of the amp core team speaks mandarin, how can a bunch of white men understand Asia

in News

Cbus wants impact study of pension at age 70

Cbus is to undertake an examination into the potential impacts on its members of shifting the pension age to 70. The fund has ... [more]

in News

Door opens onto full Chinese equity market

The diversity of Chinese equity portfolios is to increase when the number of companies accessible to foreign investors doubles at the end of ... [more]

in News

The great post-retirement opportunity

Australia has the opportunity to lead the world in post-retirement products and export its know-how, according to Moshe Milevsky, the internationally renowned author ... [more]

in News

Super Fund Awards’ finalists announced

The finalists of the Chant West/Conexus Financial Super Fund Awards have been announced by the research house Chant West. The fund ratings firm ... [more]

in News

New Vision Super CIO to target investment costs

Michael Wrysch has been tasked with reducing Vision Super’s investment costs as part of his new role as chief investment officer of the ... [more]

NGS rebrand – ‘for those who understand the true meaning of wealth’

A week after trustees of industry funds were warned that without a brand strategy they would not survive the ‘medium term’, NGS Super ... [more]

in News

Sunsuper confronts lack of board diversity

Sunsuper has improved the gender and geographical diversity of its board with the appointment of the Sydney based Elizabeth Hallett as an employer ... [more]

in News

QSuper’s cohort strategies pose challenge to US and UK schemes

QSuper’s creation of eight different investment cohorts for its members has sparked curiosity and admiration from defined contribution experts in the US and ... [more]

in News

Jana clients gain access to greater range of research

Jana will research a greater range of investment strategies for its clients following its merger with MLC Investment Management. Ian Patrick, whose job ... [more]

in News

CBUS members welcome income projections

CBUS has gained a 97 per cent approval rate from members for statements which confront them with an estimate of their income in ... [more]

in News

Sunsuper: a growing provider of private capital

Sunsuper is expanding its investment team to help it take greater advantage of investment opportunities. The fund, which runs $28 billion in assets, ... [more]

in News

Cost of Stronger Super leads to Media Super cutting CIO role

The cost of Stronger Super compliance and product development has led Media Super to cut the role of chief investment officer. Jon Glass ... [more]

in News

Sunsuper expands investment team to 18

Sunsuper has increased the size of its investment team to 18 with the appointment of Lounarda David to the newly created role of ... [more]

Tackling lawyer led insurance claims

Some of the most influential people in the group insurance space met in Sydney in March to discuss the sustainability of the sector. ... [more]

in News

Managers bullish on Chinese and Indian corporate debt

Australian investors are being urged to increase their exposure to Chinese and Indian credit, owing to imminent political change, low default rates and ... [more]