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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

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Today's ASX news
Luke Kennelly

When Will The AMP Horror Show End?

Just when investors thought it couldn’t possibly get any worse, AMP Limited (ASX:AMP) has sunk to a fresh low. Will the sale of the AMP Life business mark the beginning of a turnaround?

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ASX Share Ideas
Max Wagner

Here’s Why AMP Won’t Pay A HY Dividend

AMP Limited (ASX:AMP) has announced the sale of AMP Life to Resolution Life is now “highly unlikely to proceed”, undermining a key part of AMP’s strategy and affecting their dividend.

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