AMP Capital has restructured the leadership of its listed real asset division and its equities & fixed income division, resulting in the departure of two executives.
Following the reshuffle, AMP Capital’s head of credit and core, David Carruthers, and head of global listed infrastructure, Tim Humphreys, will leave the company.
Mr Carruthers’ role within the global fixed income team has been split across the company’s head of macro Ilan Dekell, who will take charge of the business’ macro and core portfolio management activities, and head of credit Sonia Baillie, who will lead bottom-up credit portfolio management activities.
Additionally, AMP Capital has promoted former co-head of global listed real estate Matthew Hoult to the newly created role of head of global listed real assets, bringing the company’s listed infrastructure and listed real estate teams together.
The global listed real estate team will now be fully headed by Mr Hoult’s fellow former co-head James Maydew, with senior portfolio manager Giuseppe Corona appointed to lead the global listed infrastructure team – replacing Mr Humphreys.
AMP Capital’s chief investment officer for global equities and fixed income Mark Beardow said the restructuring was intended to strengthen both teams and meet investor demand.
“Combined, these changes support our 2020 strategy across the global equities and fixed income team,” he said.
“The strategy is about helping our clients meet their investment goals with more confidence, through generating differentiated sources of investment return, while also delivering more value. I wish to congratulate those team members with new roles and also thank those who are leaving their current roles for their contribution.”
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