AMP creates infrastructure mandate servicing role

AMP Capital Investors has attracted a well-known RREEF Infrastructure executive to a role servicing the separate accounts managed by Paul Foster’s Australasian infrastructure team.

Chris Wade started yesterday at AMP CI, in a newly created role which a spokesperson said was in response to a growth in segregated institutional mandates in the infrastructure asset class.

Wade spent three and a half years running separate accounts at RREEF Infrastructure, an arm of Deutsche Asset Management. Prior to that he spent six years as an investment director at Hastings Funds Management.

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Robeco CIO says AI winners and losers will be decided within a year

Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.

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