AMP Capital Investors has appointed Scott Davies as its new global head of infrastructure.
His appointment came as Phil Garling, current head of infrastructure at AMP Capital, announced he would retire in July.
Davies was chief executive officer of Macquarie Communications Infrastructure Group from its inception in 2002. Prior to that, he held senior investment roles for Macquarie Capital in New York and London, where he was responsible for Macquarie Group’s cross-border asset financing activities.
He had also held roles at Hambros Bank in London and Sydney, as well as Minter Ellison in Sydney.
When he takes over from Garling in July, Davies will report to AMP Capital managing director, Stephen Dunne.
“Scott’s 15 years of direct infrastructure experience will provide a strong basis from which we will continue to expand our global investment opportunities for clients,” Dunne said.
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency exposure effectively.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.