Merlon Capital principal Hamish Carlisle has called on the group to spin off and rebrand AMP Capital's private markets business, that oversees investments in property and infrastructure."Our strong view is they shouldn’t own that private markets business," he said. "The company has a disastrous track record in terms of capital allocation and as we’ve seen recently, in terms of their capacity to manage businesses. We think the sooner they spin off that business, the better."
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$1.32 |
Change
-0.010(0.75%) |
Mkt cap ! $3.392B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.34 | $1.31 | $7.105M | 5.379M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 24539 | $1.32 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 33331 | 2 |
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| AMP (ASX) Chart |