• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

  • Subscribe
  • Twitter
  • RSS Feed

Investment News NZ

Investment News provides financial advisers news stories from the financial industry in New Zealand. Subscribe to our free weekly newsletter.

  • Home
  • News
  • Kiwisaver
  • Subscribe
  • About
  • Advertise
  • Contact
You are here: Home / Investment News / AMP Capital investment strategy chief hands in notice

AMP Capital investment strategy chief hands in notice

April 17, 2016

Keith Poore: departing AMP Capital NZ head of investment strategy
Keith Poore: departing AMP Capital NZ head of investment strategy

Just two weeks after the exit of multi-asset chief, AMP Capital NZ has lost another senior executive.

Grant Hassell, AMP Capital NZ chief, confirmed Keith Poore, the group’s head of investment strategy resigned last week in the wake of the latest round of top-level restructuring.

“Keith’s resignation follows recent changes we made to better leverage the insights from our global multi-asset business and simplify the team structure in New Zealand,” Hassell said. “As a result of this review Peter Verhaart’s role [as multi-asset head] was made redundant and separate to this, after four years with AMP Capital, Keith has decided to leave the business.”

He said Poore would remain on deck until the end of June this year to ease the transition.

“[Poore] will be working with Debbie Alliston (head of portfolio management in the Sydney business) to ensure there is no disruption to the management of our diversified portfolios as we search for an experienced investment professional to join our team,” Hassell said.

“The most important point is to ensure there is continuity in managing the portfolios.”

He said AMP had already begun the search for Poore’s replacement.

“We hope to find the right candidate locally to join [chief economist] Bevan Graham and [investment research manager] Daniel Mead, but our priority must be on sourcing the right investment experience and capability to manage our clients’ portfolios,” Hassell said. “If we cannot, then we may need to broaden our search.”

He said while the preference would be for someone with hands-on diversified portfolio management skills “we’re not limited to that”.

“We would consider anybody with suitable experience in running large amounts of money in any asset class,” Hassell said.

Poore was hired as AMP Capital head of investment strategy late in 2011 after a 10-month fling as head of asset allocation for the New Zealand Superannuation Fund (NZS).

Prior to his NZ Super position, Poore spent three years as head of investment strategy for Axa Global Investors, leaving just as the group was purchased by AMP early in 2011.

Previously, he served in portfolio strategy roles for Wellington-based Grosvenor Financial Services and BNZ.

AMP Capital is New Zealand’s second-largest funds management business after ANZ Investments, boasting more than $19 billion under management.

Print Friendly, PDF & Email
Twitter0
LinkedIn0
Google+0
Facebook0

Read More » Investment News

Recent articles

  • Brian Gaynor: a personal obituary May 22, 2022
  • Value-for-regulation: more money for FMA as funding boost, levy rise confirmed May 22, 2022
  • Adviser association wind-up on table as PI board stoush erupts May 22, 2022
  • Budget flags annual KiwiSaver contribution spike to $9.5bn May 22, 2022
  • Trust up but CFA survey finds insto-retail crisis disconnect May 22, 2022
  • Restoring active pride, JANA debunks outperformance prejudice May 22, 2022
  • Crypto a no-go for instos: PGIM May 22, 2022
  • BetaShares comes to town as NZ product looms May 22, 2022
  • So derivative: Australian regulator moves further on regional trading standards shake-up May 22, 2022
Finished reading? Why not subscribe? To receive a weekly email enter your email address here.

Primary Sidebar

WEEKLY NEWSLETTER

Sign up here to receive our weekly newsletter.
Learn More »

Investment News

  • Brian Gaynor: a personal obituary May 22, 2022
  • Value-for-regulation: more money for FMA as funding boost, levy rise confirmed May 22, 2022
  • Adviser association wind-up on table as PI board stoush erupts May 22, 2022
  • Budget flags annual KiwiSaver contribution spike to $9.5bn May 22, 2022
  • Trust up but CFA survey finds insto-retail crisis disconnect May 22, 2022
  • Restoring active pride, JANA debunks outperformance prejudice May 22, 2022
  • Crypto a no-go for instos: PGIM May 22, 2022
  • BetaShares comes to town as NZ product looms May 22, 2022
  • So derivative: Australian regulator moves further on regional trading standards shake-up May 22, 2022
  • Vale Brian Gaynor May 16, 2022

Search by Keyword

Most Recent Investment News

Brian Gaynor: a personal obituary

May 22, 2022

Value-for-regulation: more money for FMA as funding boost, levy rise confirmed

May 22, 2022

Adviser association wind-up on table as PI board stoush erupts

May 22, 2022

Budget flags annual KiwiSaver contribution spike to $9.5bn

May 22, 2022

Trust up but CFA survey finds insto-retail crisis disconnect

May 22, 2022

Investment News Archive

Most Popular Articles

  • NZ share-trading splurge could trigger tax alarms… posted on October 5, 2020
  • Flint set to spark platform competition posted on August 17, 2020
  • Westpac NZ flags retail advice sale to Forsyth Barr posted on October 19, 2020
  • The horror year in technicolour: free KiwiSaver 13 report released posted on September 30, 2020
  • Four to the core: Smartshares to expand, rearrange and reprice ETFs posted on June 22, 2020
  • Government dumps five defaults adds two in major overhaul posted on May 14, 2021
  • Kiwi Wealth hits the bigger time posted on November 26, 2017
  • NZ Funds directors back on board posted on April 24, 2016

Sponosored Content

Why timing the market is a fool’s game

An active investment manager’s lockdown toolkit: impacts, learnings and benefits

Mint chief executive, Rebecca Thomas

Join the club: financial wellbeing for women

Ensuring good customer outcomes

Quick-links to Popular News

  • FAP Compliance
  • Coronavirus
  • New Appointments
  • Financial Markets Authority (FMA)
  • Kiwisaver
  • Climate Change
  • Crypto Currency
  • Blockchain
  • Insurance

Secondary Sidebar

Recent News

  • Brian Gaynor: a personal obituary May 22, 2022
  • Value-for-regulation: more money for FMA as funding boost, levy rise confirmed May 22, 2022
  • Adviser association wind-up on table as PI board stoush erupts May 22, 2022
  • Budget flags annual KiwiSaver contribution spike to $9.5bn May 22, 2022
  • Trust up but CFA survey finds insto-retail crisis disconnect May 22, 2022
  • Restoring active pride, JANA debunks outperformance prejudice May 22, 2022
  • Crypto a no-go for instos: PGIM May 22, 2022
  • BetaShares comes to town as NZ product looms May 22, 2022
  • So derivative: Australian regulator moves further on regional trading standards shake-up May 22, 2022
  • Vale Brian Gaynor May 16, 2022

Footer

Copyright ©2022 InvestmentNews.co.nz — All Rights Reserved — Terms & Conditions