GCC investors stand to benefit from the expansion of one of Asia Pacific's largest investment managers, AMP Capital. With Middle East headquarters in Bahrain, AMP Capital has offices in the center of the most established world capital markets and has scaled up its listed real estate and infrastructure capability to deliver global portfolio management in-house following the appointment of several new portfolio managers/analysts. As part of AMP Capital's continued international expansion it has decided to end its joint venture AMP Capital Brookfield. This decision allows AMP Capital to take full control of all aspects of the investment platform and follows a strategic review, according to Bahrain-based AMP Capital's Head of Institutional Business, Middle East, Piers Wheeler. AMP Capital Chief Investment Officer David Kiddie said the decision is aimed at continuing to strengthen AMP Capital's offer to clients both domestically and internationally. "AMP Capital now has the investment capability to deliver full global portfolio management of listed real estate and infrastructure to our clients and partners," Kiddie said. The global listed real estate and infrastructure teams will be able to access AMP Capital's broader investment teams, enabling additional insights into global and regional trends. The global listed real estate and infrastructure team will continue to manage more than A$5.5 billion on behalf of clients. In addition, AMP Capital has appointed senior investment professionals to add to the existing breadth and depth of experience in the teams. With over 45 years of experience, AMP Capital is one of the most recognized real estate fund managers in Australasia. We have developed some of the best-known properties in Australia and New Zealand including building Sydney's first skyscraper in 1962, still home to the AMP head-office today. In addition, AMP Capital was a pioneer in the global listed real estate sector in Asia Pacific, launching one of the first global products in Australia. All current AMP Capital Brookfield real estate investment professionals based in Sydney, Hong Kong and London will remain with AMP Capital. Matthew Hoult has been appointed as AMP Capital's Head of Global Listed Real Estate, based in Sydney Hoult has 14 years' industry experience, and was formerly BNP Paribas Investment Partners Chief Investment Officer Global Property. "Matthew brings significant experience to our global listed real estate capability and complements the team's existing in-depth regional expertise," Kiddie said. A team of listed real estate professionals based in Chicago has also been appointed to cover the Americas.
