AMP Capital extends offering
AMP Capital has moved to make its Luxembourg-based UCITS platform Global Listed Infrastructure Fund and Global Real Estate Securities Fund available to institutional investors in Asia.
The company announced the move this week saying launch of the UCITS-compliant funds to Asian investors was part of AMP Capital’s long-term strategy to continue to grow its business in the region.
As well, it said it followed other significant developments over the past 12 months such as the joint venture with China Life.
AMP Capital chief executive International and Head of Global Clients, Anthony Fasso said the announcement marked the continued evolution of AMP Capital’s UCITS platform, which was launched in April with US$156 million in assets under management and targeting investors in the UK, the Netherlands and Luxembourg seeking pooled fund-access to AMP Capital’s global listed infrastructure and real estate capabilities.
“The extension of our UCITS platform to investors in Asia represents a milestone in AMP Capital’s development in the region,” he said. “UCITS is the most common investment vehicle in Asia and in particular we see significant investor demand in Hong Kong and Singapore.”
AUTHOR
Mike Taylor
Recommended for you
A NSW-based adviser has been banned from providing financial services for five years for inappropriate advice and the AFSL of his business has been cancelled by ASIC.
The introduction of Rhombus Advisory has caused a shift in the top advice licensees as Insignia separates its advice business into two channels.
Given the clear divergence between the cost of financial advice and clients’ willingness to pay, two experts explore how advisers can transform the way they convey value to potential clients.
Nearly 18 months since Invest Blue adopted its nine-day fortnight structure to support employee wellbeing, the national advice firm has enjoyed positive results across all metrics.
