AMP names new co-head of asset management
AMP Capital has named David Rees as co-head of asset management within the European infrastructure team.
Rees, who joins AMP from National Grid, the international network energy company, will have joint responsibility with Rob Verrion for the long-term performance of AMP Capital’s European infrastructure assets.
Boe Pahari, AMP Capital’s head of infrastructure Europe, based in London, said: “David’s extensive experience will complement and further strengthen our core infrastructure asset management capabilities, and add to the team’s depth of experience in regulated assets.”
He added, this appointment comes “at a time when these assets are increasingly sought by institutional investors looking for long-term stable yields with inflation linkage and the potential for capital growth.”