AMP Capital has handed HSBC’s Global Investments business a mandate for its quantitative funds manager, Sinopia, to provide global passive inflation-linked bonds for AMP Capital — Future Directions Diversified Funds.
In awarding the mandate, AMP Capital Investors investment director Sean Henaghan said the mandate formed part of the company’s long-term strategic asset allocation changes and was part of the ongoing development and diversification of the range.
He said the inflation-linked bonds would be included as a component of the fixed interest asset class and would act as a hedge against inflation while still accessing returns in the asset class.
