AMP faces tough job with unhappy clients

Article Abstract:

AMP Asset Management is in danger of losing up to half of its $3 billion of funds under management in Schroders Property, because Schroders' private and syndicate clients have only short-term management agreements. AMP's task is to convince the 15 unit-holders in the Schroders Private Property Syndicate and large private clients to retain AMP as its manager. Jack Ritch, directory of property for AMP, says AMP has been in touch with Schroders' clients.

Financial Services, Finance and Insurance, Real estate agents and managers, Real Estate Management, Activities Related to Real Estate, Real estate investment trusts, Real Estate Invest Trusts, Financial services industry, Investment companies, Real estate management firms, Ritch, Jack, AMP Asset Management, Schroders Property, Schroders Private Property Syndicate, Schroders Property Fund

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Thakral looks for strength in diversity

Article Abstract:

Thakral Holdings became a diversified property investment company in 1999 after being a hotel owner/manager in 1995. The company manages or owns 6,000 hotel rooms, has gaming licenses for 260 machines and owns other property trusts, such as commercial buildings and car parks.

Real Estate, Real Estate and Rental and Leasing, Company Profile, Thakral Holdings

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