AMP Capital has appointed Andy Peng as a portfolio manager and analyst within the institution's equities team.
Peng, who will be based in Hong Kong, spent the last three years as an investment analyst covering Asian equities at Ward Ferry Management in Hong Kong and previously two years at Goldman Sachs Capital Partners in San Francisco as an analyst.
In his new role, Peng will focus on the telecoms, utilities, healthcare (pan-Asia) and consumer discretionary sectors (ex-Greater China).
AMP Capital head of Asia ex-Greater China Jonathan Reoch said the Asian equities team is now fully resourced, and the addition of Peng would build on the progress the division had made so far following the team's relocation to Hong Kong in September 2012.
The team has now hired four portfolio managers/analysts and moved two existing team members to the region, AMP Capital stated.
The $340 billion fund has welcomed three senior investment executives to its London office as it continues to internalise the management of international equities, its single largest asset allocation.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.