AMP Capital adds to its capital equity team
AMP Capital has recruited three new members to its capital equity team, assigning Jonas Palmqvist and Andrew Lally to dual roles of senior portfolio managers and analysts, while Thomas Young will join the company as assistant portfolio manager.
Palmqvist, who will analyse the financials sector, joined AMP Capital from fund manager Swedbank Robur. Prior to joining Swedbank Robur, he worked for Merrill Lynch in London and Swedbank in Stockholm.
Lally will cover energy, infrastructure and property. He was promoted within AMP Capital’s ranks, working previously as a senior portfolio manager and head of credit research for the fixed income team.
The third member joining AMP Capital is Thomas Young, who has been appointed as assistant portfolio manager. Young recently completed the AMP Capital graduate program.
These appointments bring the number of the Australian capital equity team members to eight.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.