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 expected to open flat on Friday. AMP Limited (ASX:AMP) and Healius Ltd (ASX:HLS) shares are in the news.
AMP Limited (ASX:AMP) has just given its FY20 third quarter update. Could AMP shares be a buy for value investors?
The S&P/ASX 200 (INDEXASX:XJO) is expected to open higher on Monday. President Trump’s positive COVID-19 test is sparking volatility across global markets.
The S&P/ASX 200 (INDEXASX:XJO) is expected to rise at the open today. ASX energy shares and ASX iron ore miners like BHP Group Ltd (ASX:BHP) are in the news
The S&P/ASX 200 (INDEXASX:XJO) looks set to start the week on negative footing, with ASX futures pointing to a weak open.
The S&P/ASX 200 (INDEXASX:XJO) is expected to open slightly lower this morning. SEEK (ASX:SEK), Boral (ASX:BLD) and QBE Insurance (ASX:QBE) shares are in the news.
AMP Limited (ASX: AMP) recently announced to the market a complete portfolio review of the group’s assets and business units. What does this mean for investors?
Drew Meredith from Wattle Partners and Owen Raszkiewicz from Rask Australia share their best and worst from Reporting Season, including QBE Insurance (ASX:QBE), PointsBet Ltd (ASX:PBH) and more.
The S&P/ASX 200 (INDEXASX: XJO) is expected to rise when the market opens this morning. The Australian economy contracted 7% in the June quarter, confirming a recession.
