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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.
LIVE ASX reporting season coverage is on The Australian Investors Podcast. Today Owen Rask & Drew Meredith cover Commonwealth Bank of Australia (ASX:CBA), AMP Limited (ASX:AMP), ResMed Inc (ASX:RMD) and more.
The S&P/ASX 200 (ASX: XJO) started the shortened week positively as Hub24 (ASX:HUB) and Praemium (ASX:PPS) shares made headlines.
The S&P/ASX 200 (ASX:XJO) gained just six points to start the week as AMP (ASX:AMP) and Star Entertainment (ASX:SGR) shares made headlines.
Does culture really matter? Analysts Raymond Jang & Owen Rask look at some of ASX’s best performing companies and why culture is important. The duo look at Nearmap (ASX:NEA), ARB Corp (ASX:ARB), Commonwealth Bank (ASX:CBA) & Xero Limited (ASX:XRO)
The S&P/ASX 200 (ASX: XJO) pushed higher on Thursday as National Australia Bank (ASX:NAB) and AMP (ASX:AMP) shares were in the news.
The AMP Ltd (ASX: AMP) share price is moving higher today after announcing a 53% increase in its underlying profit for FY21.
The AMP Limited (ASX:AMP) share price is in focus after the business sold one of its divisions for $428 million.
The S&P/ASX 200 (ASX:XJO) managed to deliver another positive day as AMP (ASX:AMP) and Westpac (ASX:WBC) shares make headlines.
Wealth incumbent AMP Ltd (ASX: AMP) has provided an update on its demerger plans as it prepares to spinoff its Capital Markets division.
