A top-level reshuffle at the fund house – which has led to the exit of CIO Mark Beardow – will see Anthony Fasso return to Australia and help look for M&A opportunities for the firm.
The volume of Asian infrastructure deals has hit record levels and is set to grow yet further with the advent of the Asian Infrastructure Investment Bank and other similar projects.
Australia's AMP Capital expects to hit the $1.5 billion target for its Global Infrastructure Fund by mid-year with the help of flows from Asian institutions, including Japanese pension funds.
Commodities trading means Australian investors already feel exposed to China, notes State Street Global Advisors. But China's inclusion in MSCI's EM index would force investors to act.
Drawing on computer modelling and human fundamental research, the Australian fund house has launched its first Asia-focused quantitative long/short fund with $25 million.
The mainland JV between AMP Capital and China Life has raised $2 billion within weeks from its initial money-market fund, riding a wave of popularity for the strategy.