Anthony Fasso

AMP Capital has expanded its new Luxembourg-domiciled UCITS platform to make available UCITS versions of its Global Listed Infrastructure Fund and Global Real Estate Securities Fund to institutional investors in Asia.

The launch of the UCITS-compliant funds to Asian investors is part of AMP Capital’s long-term strategy to continue to grow its business in the region and follows other significant developments during the last 12 months such as the joint venture with China Life. In January, the joint venture announced its first fund, the China Life AMP Money Market Fund, raised a record US$2 billion during its IPO period.

Today’s announcement also marks the continued evolution of AMP Capital’s UCITS platform, which was launched in April 2014 with US$156 million in assets under management and targeting investors in the UK, the Netherlands and Luxembourg seeking pooled fund-access to AMP Capital’s global listed infrastructure and real estate capabilities. Asian investors will now also have access to these capabilities, which deploy the same investment approach and strategy as AMP Capital’s existing listed infrastructure and real estate funds, via the UCITS platform.

AMP Capital CEO International and Head of Global Clients Anthony Fasso said: “The extension of our UCITS platform to investors in Asia represents a milestone in AMP Capital’s development in the region. UCITS is the most common investment vehicle in Asia and in particular we see significant investor demand in Hong Kong and Singapore.

“Since the post-Lehman shock, Asian investors have been interested in strategies that provide sustainable income and capital growth, which both real estate and infrastructure can provide. By extending the reach of our UCITS platform, we can make the AMP Capital Global Listed Infrastructure Fund and the AMP Capital Global Real Estate Securities Fund available to a broader range of investors keen to take advantage of AMP Capital’s strong reputation and track record with these strategies.”

The AMP Capital Global Listed Infrastructure Fund and the AMP Capital Global Listed Real Estate Securities Fund both provide investors with access to a global portfolio of securities that are diversified across regions and sectors. The infrastructure fund has US$897 million in funds under management (as at 31 March 2014) and a three-year track record while the real estate fund has US$5.9 billion in funds under management (as at 31 March 2014) and a 12-year track record. The funds have investment professionals on the ground in cities such as Hong Kong, London, Chicago and Sydney.

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