AMP Capital has created a Luxembourg-domiciled platform to offer Ucits versions of its global infrastructure and global realestate securities funds to institutional investors.
The platform launches with $156 million (€114 million) of assets under management, with 60% in the real estate strategy, and will initially be available to UK, Netherlands and Luxembourg institutional investors with plans to expand distribution in Europe and Asia.
“The launch of the Ucits platform with an initial focus on these two asset classes reflects the increase in allocations to alternatives, particularly real assets, by global institutional investors,” says Louisa Yeoman, UK institutional director, AMP Capital.
The existing AMP Capital Global Listed Infrastructure Fund has $581 million under management and invests in energy, transport, communications and water infrastructure. It is managed by a team spread across London, Chicago and Sydney.
The AMP Capital Global Listed Real Estate Securities Fund has $4.5 billion under management and invests in real estate investment trusts and listed property securities around the globe.
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