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) announced a proposed joint venture with Ares Management (NYSE:ARES) for one of AMP’s key businesses. Is this good or bad for the AMP share price?
The S&P/ASX 200 (INDEXASX:XJO) is set to open higher on Monday. Kogan.com Ltd (ASX:KGN), AMP Ltd (ASX:AMP) and Orica Ltd (ASX:ORI) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is heading for another negative open this morning. SEEK (ASX:SEK), AdBri (ASX:ABC) and Tesla (NASDAQ:TSLA) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is expected to rise when the market opens on Monday. Zip Co (ASX:Z1P) and Baby Bunting (ASX:BBN) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is heading for a flat open on Friday. Telstra (ASX:TLS) and AMP Limited (ASX:AMP) shares are in the news.
The AMP Limited (ASX:AMP) share price is tumbling today, falling 10.4% in afternoon trade to $1.38 after the company released its FY20 results.
Argo Investments Limited (ASX: ARG) has just reported its FY21 half-year result. Are Argo shares a good long-term buy?
The S&P/ASX 200 (ASX: XJO) is expected to trade higher on Monday morning, according to data from the Sydney Futures Exchange. ResMed Inc (ASX:RMD) and AMP Ltd (ASX:AMP) shares are in focus.
The AMP Limited (ASX:AMP) share price could soar today after the diversified financial business announced it has received a takeover offer.
