AMP Capital appoints global head of Equities
AMP Capital has appointed David Allen its global head of Equities, based in London and responsible for equities teams across four locations.
The Equities team is responsible for some AUD$40bn in assets under management.
Previously, Allen was co-head of Asset Management at Sarasin & Partners in London, and has worked at Fidelity International as co-head of London Equities. On starting his new role in March 2016, he will report to Global Equities and Fixed Income CIO Mark Beardow.
Beardow said: “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.”
“Our Global Equities and Fixed Income business is fundamental to this effort, and 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.”
“The Global Equities strategy we now have in place is robust and builds on our capability in global, regional and domestic equity styles and generates advantages from collaboration across AMP Capital, which we believe results in better outcomes for clients. I am looking forward to seeing how our impressive and capable Global Equities team will leverage its investment advantages under this new structure.”