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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 AMP Ltd (ASX: AMP) share price is up 11% after the ASX financial share reported its HY24 result and revealed a partnership for AMP Advice.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.88% to 7,442.70.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.17% to 7,040.80.
A delay to OPEC’s impending meeting send Brent crude lower, on concerns that expected production cuts may not come to fruition; both Woodside Energy Group Ltd (ASX: WDS) and Santos Ltd (ASX: STO) fell by 1.7%.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.62% to 7,029.20.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.13% to 7,049.40.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -1.36% to 6981.60.
The S&P/ASX 200 (INDEXASX: XJO) ended mostly flat on Friday. Here’s some of the key points you missed from ASX 200 trading this week.
Owen Rask and Drew Meredith are back on The Australian Investors Podcast for 2 Sense. This week, Drew and Owen the FTX arrest, paying down your mortgage… then redrawing and buying stocks, WAM’s performance, the Rask event, Drew’s top 3 bullish countries and so much more!