AMP is a diversified financial services company with primary operations in financial advice, including financial planning and wealth management.
A big part of its business is licensing other planning groups to provide advice. AMP also has capabilities in investing (AMP Capital), banking and, until recently, insurance.
AMP demerged its Private Markets business within the AMP Capital arm, which comprised infrastructure equity, infrastructure debt and real estate.
As part of this demerger, AMP also sold AMP Capital’s Global Equities and Fixed Income business.
The S&P/ASX 200 (INDEXASX: XJO) is tipped to open higher on Friday. Here’s the news and the ASX shares to watch as we close out the week.
AMP (ASX: AMP) has announced it has finished its $3 billion sale. Is it going to pay a dividend?
The S&P/ASX 200 (INDEXASX: XJO) is expected to open flat today. BHP Group Ltd (ASX:BHP), QUBE Holdings (ASX:QUB) and AMP Limited (ASX:AMP) are in the news.
The rebalancing to the ASX 200 (ASX:XJO) has been announced this morning.
The Australian share market and the S&P/ASX 200 (ASX: XJO) index is expected to open slightly higher on Friday morning, with the SPI futures pointing to a 12-point open.
With NAB, CBA, Westpac and ANZ shares falling over with teh ASX 200 (ASX:XJO), Marcus Padley distills his years of investment market experience into this easy-to-follow guide.
The S&P/ASX 200 (ASX: XJO) is expected to trade higher today with the Sydney Futures Exchange pointing to a positive open. Right now, the ASX 200 is priced 0.15% from its 52-week high of 7098.6.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up by 0.28% on Wednesday.
AMP Limited (ASX: AMP) released its third-quarter assets under management (AUM) and cashflows this morning. Here’s what you need to know.
