AMP Capital has appointed a new head of global equities to be based in London.
David Allen will commence as the head of global equities at AMP Capital in March 2016.
Mr Allen will have responsibility for all equities teams across four global locations, and will report to global equities and fixed income chief investment officer Mark Beardow.
“I’m delighted that we’ve been able to secure a leader of the highest calibre for this new role, which we created to unify and galvanise our global equities capability behind AMP Capital’s ambitious 2020 strategy and our vision to be a pre-eminent global investment manager and deliver the best investment outcomes to clients,” Mr Beardow said.
“David’s considerable capability and breadth of experience in global firms make him a perfect fit to lead our teams under this new structure. Culturally he will be a great addition to the Global Equities team and to the business.”
Prior to taking up the new position, Mr Allen was the co-head of asset management at Sarasin & Partners in London. He has also held positions at Fidelity International.
In addition, AMP Capital has appointed Richard Colquhoun as a senior portfolio manager within the Australian fundamental equities team.
“Richard has a strong background in constructing and managing long-short equity portfolios, particularly with regard to risk management of short positions, and is the right cultural fit for the team,” Mr Beardow said.
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