AMP Ltd (ASX:AMP)
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.
AMP Ltd (ASX:AMP) share price
AMP Ltd (ASX:AMP) share price news
Australia’s All Ordinaries Danced Higher Today
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index danced 0.2% higher on Thursday, thanks in part to a rise in the National Australia Bank Ltd. (ASX:NAB) share price.
What’s The All Ordinaries Index Doing at Lunch?
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is slightly down by 0.12% at lunch.
Why Did AMP Limited’s Profit Rise 114%?
AMP Limited (ASX:AMP) released its annual report to the ASX, revealing a 347% rise in profit.
S&P/ASX 200 Tipped To Rise
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher Thursday.
Commonwealth Bank of Australia is a 3-time Loser
Commonwealth Bank of Australia (ASX:CBA) shares traded marginally higher in January despite being a 3-time loser in the eyes of regulators.
ASIC: 75% of Big Bank Financial Planners Failed Best Interest Duty
The Australian Securities and Investment Commission (ASIC) released its report into conflicts of interest in financial advice yesterday afternoon.