AMP Capital promotes Pahari to CEO

AMP Capital promotes Pahari to CEO

AMP Capital’s global head of infrastructure equity Boe Pahari has been promoted to chief executive from July 1. He will succeed incumbent Adam Tindall who will retire from the role after five years. Mr Pahari joined AMP Capital in 2010 and has led the global...
AMP Capital promotes Pahari to CEO

Copper strengthens on China stimulus plans

Copper rose overnight as top consumer China signalled plans to maintain liquidity in the financial system for the rest of the year, raising hopes of improved demand for metals. Benchmark copper on the London Metal Exchange (LME) gained 0.4 per cent to $US5,792 a tonne...
AMP Capital promotes Pahari to CEO

Gold slips as China manages virus outbreak

Gold eased overnight after data showed fewer jobless claims in the United States and reports Beijing was bringing its latest coronavirus outbreak under control, but mounting infections globally limited losses for the safe-haven metal. Spot gold fell nearly 0.1 per...
AMP Capital promotes Pahari to CEO

Oil edges up on OPEC output cut compliance

Oil prices rose slightly overnight as a panel of OPEC and allies met to review record oil supply cuts, even as the market remained concerned about additional coronavirus cases reported in parts of the United States and China. Brent crude futures settled at $US41.51 a...
AMP Capital promotes Pahari to CEO

ASX to open flat amid caution over virus

Shares are poised for a flat start to trade on the Australian market after rising coronavirus cases in some US states and Beijing hindered movement on US markets. The Australian SPI 200 futures contract was lower by 5.0 points, or 0.08 per cent, to 5,922.0 at 0705...