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AMP hotshot jumps ship as flagship fund shut down

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Fund manager Nader Naeimi is the latest high-profile AMP Capital employee to flee the troubled wealth group as it closes a once-prized multi-asset fund launched by chief economist Shane Oliver.

AMP will terminate the Dynamic Markets Fund launched with fanfare in 2011 and Mr Naeimi will leave the company after six years as a portfolio manager and head of dynamic markets.

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Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com
Michael Roddan is a Walkley Award-winning national correspondent based in Sydney. He is a former business and economics reporter for The Australian. Connect with Michael on Twitter. Email Michael at m.roddan@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/amp-hotshot-fund-manager-jumps-ship-as-flagship-fund-shut-down-20210429-p57nf4