AMP agrees to sell GEFI business to asset manager AMP agrees to sell GEFI business to asset manager AMP Limited has announced it has entered a binding agreement to sell AMP Capital’s global equities and fixed income (GEFI) business. A A The wealth giant confirmed on Thursday that it will sell the business to Macquarie Asset Management for a consideration of up to $185 million. Under the agreement, AMP Capital’s capabilities in Australian and global listed equities and global fixed income will be combined with Macquarie’s public investments platform. The sale is considered by AMP as an important step in preparing the business for its planned demerger from AMP Limited in 1H 2022.