AMP Capital Global Infrastructure Fund II closes at US$3.4 billion

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AMP Capital announces the close of Global Infrastructure Fund II (GIF II) at US$3.4bn. The fund reached final close on 27 December 2019, exceeding its US$3bn target and drawing additional significant co-investment commitments. GIF II attracted global interest, with commitments from more than 60 institutional clients from across the globe, including Japan, Singapore and Australia; […]

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Weekly market update – week ending 10 January, 2020

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Investment markets and key developments over the past week After a bit of uncertainty and volatility early in the past week, share markets pushed sharply higher as the US and Iran appeared to step back from escalating their conflict. This saw US shares push to a new record high rising 0.9% over the week, with […]

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AMP Capital expands investment in University of Melbourne student accommodation 

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AMP Capital has agreed to acquire the student accommodation concession for Melbourne Connect, a new campus being built by the University of Melbourne to bring together high-calibre research, industry, government and higher-degree students in a purpose-built precinct. The acquisition has been made on behalf of investors in the AMP Capital Diversified Infrastructure Trust (ADIT). The […]

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Weekly market update – week ending 6 December, 2019

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Investment markets and key developments over the past week Share markets were mixed over the last week with falls in the US and Europe on trade war fears and mixed economic data, but Japanese shares rose on fiscal stimulus plans and Chinese shares rose too. The Australian share market fell back from record highs taking […]

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AMP to phase out ongoing advice agreements; introduces annual agreements

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AMP has announced it will introduce annual agreements for clients who currently receive ongoing financial advice. The new system will be introduced during 2020, while ongoing advice agreements will be phased out, for both its aligned and employed advice networks, who are being notified today. AMP Australia CEO Alex Wade said the move to annual […]

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Review of 2019, outlook for 2020 – the beat goes on

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Key points 2019 saw growth slow, recession fears increase and the US trade wars ramp up, but solid investment returns as monetary policy eased, bond yields fell and demand for unlisted assets remained strong. 2020 is likely to see global growth pick up with monetary policy remaining easy. Expect the RBA to cut the cash […]

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Weekly market update – week ending 29 November, 2019

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Investment markets and key developments over the past week Share markets rose over the last week helped by optimism regarding a US/China trade deal and mostly okay economic data with US shares reaching a new record high. Australian shares also broke out to a new record high helped by the positive global lead with strong […]

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Weekly market update – week ending 22 November, 2019

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Investment markets and key developments over the past week Most share markets fell over the last week as uncertainty about whether the US and China will agree a Phase One trade deal ramped up amidst a range of conflicting reports. This comes at a time when markets are vulnerable to a consolidation or correction after […]

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AMP to unite ‘lost’ shareholders with A$13 million in unclaimed dividends: is your client one of them?

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AMP Limited has launched a campaign to find 43,000 ‘lost’ shareholders and connect them with their holdings and A$13 million worth of unclaimed dividends. Lost shareholders own AMP shares but the company has exhausted all means to contact them or pay their dividends. In many cases, investors – most of whom are likely to now […]

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Weekly market update – week ending 15 November, 2019

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Investment markets and key developments over the past week The past week saw some cautiousness creep back into share markets with increased uncertainty about a US/China trade deal coming at a time when major share markets had become a bit vulnerable to a pull back after a run of good gains since early October. US […]

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