Australian investment manager AMP Capital has appointed David Allen as global head of equities, based in London.
The new role was announced in June 2015, and marks the start of a new global equities strategy for AMP Capital. In his role, Allen will have responsibility for all equities teams across four global locations, and accounting for more than around €37 billion in assets under management.
Allen has sizeable of global equities and asset management experience, most recently as co-head of asset management at Sarasin & Partners.
Prior, he was co-head of London equities at Fidelity International, and also held equity research, fund management and leadership roles at Pioneer Investments. Allen will take up the position in March 2016.
AMP Capital global equities and fixed income chief investment officer Mark Beardow says: “The global equities strategy we now have in place is robust and builds on our capability in global, regional and domestic equity styles and generates advantages from collaboration across AMP Capital, which we believe results in better outcomes for clients.”
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