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AMP brings infrastructure fund to NZ

Friday 2nd of November 2012

The fund, which has about half a billion dollars under management, is creating a PIE unit trust in New Zealand that will offer a tax advantage for local investors compared to investing in the fund via Australia.

AMP Capital head of distribution George Carter said raising $300-$500 million from New Zealand investors over the next five years would be considered a “good outcome” for the fun...

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