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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Why Team Super won’t trade against its own managers

In an environment where markets are becoming ever more concentrated, the $21 billion Team Super is happy to wear plenty of active risk from its managers and won’t use overlays to make up for underperformance.

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