AMP Capital Global Equity Fund
AMP Capital has launched its new Global Equity Fund, which aims to deliver double-digit annualised absolute returns across a market cycle, with lower volatility than equity markets.
The AMP Capital Global Equity Fund is long-only and is the inaugural fund in AMP Capital's new global equities range.
Commenting on the launch, David Allen, AMP Capital's global CIO, equities, said: "The launch of the AMP Capital Global Equity Fund is a defining moment for AMP Capital. It represents a highly differentiated investment opportunity for clients following years of work by our team and it is also a trailblazer for how we plan to re-position our broader equity fund range over time."
He added: "We've taken a high-conviction approach, investing in a small number of exceptional companies with outstanding prospects, that have dependable and persistent cash-backed returns on capital. As we are not bound to a benchmark, sector or country, these are names that we think are the best stocks globally and will deliver the performance to meet our clients' goals."
