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AMP Capital warns of ‘conflicted, captive’ Plenary Jun 29, 2021 – 11.03am Save Share AMP Capital has warned investors of “unmanageable” conflicts of interest and being trapped in vehicles stuffed with “poor performing greenfield and brownfield assets” if unitholders in its $1.3 billion Community Infrastructure Fund jump ship to suitor Plenary Group. The move is an escalation of the tit-for-tat battle between AMP and Plenary as both organisations fight to control the Community Infrastructure Fund (CommIF), which is also being tilted at by two other rival investment managers, Morrison & Co and Palisade Investment Partners. AMP Capital is attempting to sandbag moves to break up the group’s assets under management. 

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