Macquarie to acquire Global Equity and Fixed Income business of AMP Capital for $139m.

Macquarie Group agreed to acquire Global Equity and Fixed Income business of AMP Capital, a global investment manager, for $139m. “This transaction represents another opportunity, following our recent acquisition of Waddell & Reed, to add scale and expand our public investment capabilities. It cements Macquarie’s position as the leading investment manager in Australia by AuM2, and provides new clients joining us from AMP Capital with access to Macquarie’s diversified investment offerings and global platform. Clients will be at the centre of our considerations as we work closely with AMP on a successful integration,” Ben Way, Macquarie Head of Asset Management.