The Australia-based investment house has announced a raft of senior management changes.

Australia-listed AMP Capital has rejigged its leadership, affecting its business in Asia and elsewhere. As part of the changes, the chief investment officer for global equities and fixed income is leaving the company, it said.

Craig Keary, currently AMP Capital director of Australia and New Zealand, will become AMP Capital director, Asia-Pacific, the firm said in a statement this week. Keary will retain responsibility for Australia and New Zealand and assume leadership of AMP Capital’s operations in Beijing, Hong Kong and Tokyo. He will move from Sydney to Asia in the coming months.

Anthony Fasso, AMP Capital director, Asia, and global head of portfolio strategy based in Hong Kong, wants to move home to Australia after 23 years in the region, including seven with AMP Capital. He will retain his portfolio strategy responsibilities and will remain on the AMP Capital leadership team, based in Melbourne. In this role, Fasso will continue to focus on opportunities to accelerate AMP Capital’s growth through targeted mergers and acquisitions, the statement said. 

Simon Warner, who is head of global fixed income in Sydney, and London-based David Allen, global head of equities, have been promoted to the role of global chief investment officer for their respective asset classes and will sit on the AMP Capital leadership team, reporting to CEO Adam Tindall. The change means that Mark Beardow, AMP Capital CIO of global equities and fixed income, will leave the business.

“Asia is a critical market for AMP Capital. By creating an Asia-Pacific region, we are better integrating our operations across Australia, New Zealand, China, Japan and Asia more broadly,” Tindall said. 

“I have committed to taking more direct responsibility for global equities and fixed income, both of which are very important to our business. This is why I have elevated David Allen to global CIO of equities and Simon Warner to global CIO of fixed income, reporting directly to me. I am also pleased to have another member of the leadership team - David Allen - based in London,” he continued.

Tindall concluded by paying tribute to Beardow.  “Mark has been a positive force throughout his time at AMP Capital. I thank him for his keen investment insights and leadership, and wish him all the best,” he said.

The changes are effective 27 March 2017. Management of AMP Capital’s other divisions remain unchanged.