AMP Capital to offer direct investment
Investors will soon be able to invest directly into AMP Capital’s full range of retail funds through a dedicated direct investment platform.
In material distributed to its client base, AMP Capital said the previous minimum investment of $100,000 had made it hard for smaller investors to access its products.
“At the same time, we have seen a steady increase in the number of investors who want to ‘do it themselves’ and invest directly. Additionally, ongoing regulatory changes have also driven an increased interest in direct investment.”
AMP Capital’s associate director David Buell said it would appeal to investors who did not want to invest via a financial adviser or any other intermediary.
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