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AMP Ltd (ASX:AMP)

Diversified Financials

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

Today's ASX news
Drew Meredith, CFP

My 3 ASX takeaways from the week

The S&P/ASX 200 (ASX:XJO) suffered a 1.6% loss during the week, while all three US benchmarks also ended lower. Here are my 3 key takeaways.

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