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July 21, 2021
Board says AMP Capital CommIF bids ‘not compelling’ By Sarah Kendell 20 July 2021 AMP Capital’s independent board committee has rejected all three suitors lined up to take over management of its Community Infrastructure Fund (CommIF), saying its remaining senior staff have the experience to continue managing the fund despite a number of exits. A letter from the chairman of the committee seen by InvestorDaily reveals that ...
July 4, 2021
AMP Capital mugged by reality as more staff leave Jul 4, 2021 â 7.00pm Save Share AMP Capital has suffered further resignations from its key senior infrastructure management team, undermining the companyâs attempt to remain in control of its $1.3 billion Community Infrastructure Fund. AMP Capitalâs head of energy, Stasha Prnjatovic, blindsided the company with her resignation to join an offshore pension fund last week, days after the group spruiked her 13 yearsâ experience w...
June 29, 2021
AMP Capital warns of âconflicted, captiveâ Plenary Jun 29, 2021 â 11.03am Save Share AMP Capital has warned investors of âunmanageableâ conflicts of interest and being trapped in vehicles stuffed with âpoor performing greenfield and brownfield assetsâ if unitholders in its $1.3 billion Community Infrastructure Fund jump ship to suitor Plenary Group. The move is an escalation of the tit-for-tat battle between AMP and Plenary as both organisations fight to contr...
April 28, 2021
Coffee boss spills the beans on COVID-safe âtreatmentâ Weâre sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement On Saturday morning, staff inside the offices of national coffee distributor Coffex woke to an all-staff email with the subject line âLump of S***â³â£. It turned out to be a missive from managing director Fong Loong. He had arrived in Melbourne from Perth last Wednesday and was potentially expo...
April 27, 2021
Almost 93 per cent of the vote at a unitholder meeting on Tuesday backed the proposal to merge the AMP Capital-run fund with the $10 billion Dexus Wholesale Property Fund.
March 7, 2021
No excuse for gender inequality, sexism on IWD 2021, say corporate leaders Posted SunSunday 7 updated ThuThursday 11 MarMarch 2021 at 10:35pm Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. Watch 1 Share Print text only Cancel Women across corporate Australia are calling for an end to the ridiculous excuses they hear as to why they should not be promoted or paid the same as men. To mark International Womens Day 2021, ABC News asked leading women...