Kerry Series’ dream of creating a Sydney-based Asian equities powerhouse will be more achievable in his newly-created role of AMP Capital Investors’ head of Asia-Pacific equities than it was in his own boutique, the fund manager said yesterday.

Series is in the process of winding up DVA Capital, the Asian long/short manager he established in 2006, and handing back $25 million to its lone, US-based, investor. Series said one of the two analysts working for him had already found another job. AMP was “;ahead of the curve”; as an Australian funds manager making Asian equities a key plank of its strategy, signalled by his appointment sitting above the teams managing NZ equities, Asian equities and the Australian equities ‘capital approach’, Series said. “AMP Capital has the resources required to capitalise on the high-value add opportunities in Asian equities and a clearly articulated vision to be a major player in the region,”; he added. Series was approached by AMP about the role early this year and began winding up DVA Capital last month. He will report to AMP Capital Investors’ chief investment officer, Mark O’Brien.