Your 2 minute guide to the AMP (ASX:AMP) demerger
Lachlan Buur-Jensen
November 30, 2021
Wealth incumbent AMP Ltd (ASX: AMP) has provided an update
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.
Wealth incumbent AMP Ltd (ASX: AMP) has provided an update
The S&P/ASX 200 (ASX: XJO) fell 1.6% across the week,
The S&P/ASX 200 (ASX:XJO) fell 0.6% on Monday as ASX
The AMP Ltd (ASX: AMP) share price has shown small
The S&P/ASX 200 (ASX: XJO) continued its strong recent run
The AMP Limited (ASX:AMP) share price is in focus today
The S&P/ASX 200 (ASX: XJO) traded flat throughout the day
Wealth Manager AMP Ltd (ASX: AMP) share price is rising
ASX shares with low price to earnings ratios don’t necessarily
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