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AMP Capital boosts equities team
AMP Capital Investors has added three equity investment professionals to its Australian capital equity team, bringing the number of equities specialists on the team to eight.
Jonas Palmqvist joins as senior portfolio manager/analyst responsible for the financials sector, Andrew Lally as senior portfolio manager/analyst covering energy, infrastructure and property, and Thomas Young joins as assistant portfolio manager from the AMP Capital graduate program.
Since 2003 Palmqvist had been a senior portfolio manager/analyst at Scandinavian fund manager Swedbank Robur. He also worked as a sell-side equity analyst for Merrill Lynch in London and Swedbank in Stockholm, and has more than 14 years' experience in equities analysis and portfolio management.
Lally has more than 15 years of listed assets analysis and investment experience in capital markets, and was previously a senior portfolio manager and head of credit research in AMP Capital's fixed income team. As head of credit research, he also led a team of six credit analysts that were responsible for AMP Capital's credit portfolios, the company stated.
AMP Capital senior portfolio manager Greg Barnes said the new team would be working together to build portfolios that best met client objectives across wide ranging market conditions.
"The long-standing basis of the Australian Capital Equity team investment process and performance track record is proprietary research focused on identifying companies we believe can generate sustainably high returns on capital for investors," he said.
AUTHOR
Mike Taylor
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