Deals
$60 Billion Manager Considers Selling All U.S. Assets
- Nader Naemi of AMP says political risk is becoming too much
- Investor suggests shorting Boeing, going long Airbus
AMP's Oliver Is Hopeful on Avoiding All-Out Trade War
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Nader Naeimi, a money manager at the $145 billion AMP Capital Investors Ltd., is so frustrated by the tariff fight with China that he’s considering dumping all his American holdings.
“At some point, you just bite the bullet and say, I’m just going to get out of all my assets, all my exposures out of the U.S.,” Naeimi, the Sydney-based head of dynamic markets at the money manager, said in a phone interview. “That’s the No. 1 thing we’re thinking.”