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11 September 2025 by Adrian Suljanovic

No bear market in sight for Aussie shares but banks face rotation risk

Australian equities are defying expectations, with resilient earnings, policy support and a shift away from bank dominance fuelling confidence that ...
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US funds drive steep outflows at GQG Partners

Outflows of US$1.4 billion from its US equity funds have contributed to GQG Partners reporting its highest monthly ...

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Super funds’ hedge moves point to early upside risk for AUD

Australian superannuation funds have slightly lifted their hedge ratios on international equities, reversing a ...

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Australia’s super giant goes big on impact: $2bn and counting

Australia’s second largest super fund is prioritising impact investing with a $2 billion commitment, targeting assets ...

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Over half of Australian funds have closed in 15 years, A-REITs hit hardest

Over half of Australian investment funds available 15 years ago have either merged or closed, with Australian equity ...

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Are big banks entering a new cost-control cycle?

Australia’s biggest banks have axed thousands of jobs despite reporting record profits over the year, fuelling concerns ...

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AMP adds to equities team

  •  
By Christine St Anne
  •  
4 minute read

The investment manager builds its equities team, securing a former Merrill Lynch director to the business.

AMP Capital Investors has hired Hamish Carlisle as a senior portfolio manager and analyst, to its capital funds team.

In the role, Carlisle will focus on researching stocks in the banking sector.

He previously worked for Merrill Lynch Equities as a senior director, leading the Australian banks research team.

Carlisle has also worked for National Australia Bank, where he spent several years in the mergers and acquisitions team.

 
 

"We are very pleased to have someone of Hamish's calibre to add to the strength of our capital funds team," AMP Capital Investors head of capital funds Gary Armor said.

"With financial markets currently experiencing such turbulent times, it is more important than ever to have a strong team who are well-placed to respond quickly to market changes as they happen."

Armor has been leading the capital team since the departure of head of capital funds John Whiteman, and small-caps manager Mike Cowin in August 2007.

The staff losses led to a downgrade of the two AMP Capital equity funds by Standard & Poor's and Morningstar.

Morningstar is currently working on an updated assessment of the team.