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AMP Capital adds to Australian equities team

AMP Capital adds to Australian equities team

Reporter

The Australian equities team at AMP Capital has announced the addition of a senior portfolio manager and a senior resources analyst.

Geoff Wells has joined the AMP Capital Australian equities team as a senior portfolio manager and Peter Harris joins as a senior resources analyst.

Mr Wells makes the move from Macquarie Investment Management and Mr Harris was previously chief economist at Shell Australia, as well as head of resources research at JCP Investment Partners.

“Geoff Wells will take on responsibility for managing the lower tracking error portfolios with exposure to the momentum and value styles as well as our proprietary Fundamentals at Risk analysis,” AMP Capital said in a statement.

“Peter Harris will take prime responsibility for coverage of resource and resource-related sectors.”

AMP Capital global equities and fixed income chief investment officer Mark Beardow said the appointments would bolster AMP Capital’s global equities business following the appointment of a global head of equities, David Allen, in December 2015.

“I would like to welcome these very strong investment professionals to AMP Capital. Both Geoff and Peter bring with them many years of relevant experience and complementary investment styles to the team,” Mr Beardow said.

“I am also very pleased that David Allen, our new London-based global head of equities, has now commenced his role in March.”

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AMP Capital adds to Australian equities team
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