AMP Capital’s global property funds will retain their five-star rating following the departure of the company’s London-based co-portfolio manager, Standard & Poor’s Fund Services (S&P) has announced.
Timothy Gibson has resigned from AMP Capital Brookfield, while Tom Walker has been promoted to the head of the London office and has assumed the role of co-portfolio manager for Europe. According to S&P analyst Peter Ward, the research house decided “there was enough experience in the team to cover the departure”.
AMP Capital Brookfield expects to replace Gibson with a more junior analyst.
