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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 ASX 200 (ASX: XJO) is set to push higher when the market opens on Wednesday. AGL Energy (ASX:AGL) and PointsBet (ASX:PBH) shares are in the news.
The ASX 200 (ASX:XJO) is tipped to push higher when the market opens on Tuesday. REA (ASX:REA), AMP (ASX:AMP) and Netwealth (ASX:NWL) shares are in the news.
The ASX 200 (INDEXASX:XJO) is poised to rise when the market opens on Monday. TPG Telecom (ASX:TPG) and AMP Ltd (ASX:AMP) shares are making headlines.
The ASX 200 (INDEXASX:XJO) is tipped to start the day in the green. Netwealth (ASX:NWL), Brickworks (ASX:BKW) and AMP Ltd (ASX:AMP) shares are in the news.
Shares in financial services company AMP Limited (ASX: AMP) fell 3.8% before being placed in a trading halt towards the end of trading yesterday. Here’s what happened.
The S&P/ASX 200 (ASX: XJO) is set to rise when the market opens on Friday. Here’s what ASX investors need to know.
The ASX 200 (ASX:XJO) is set to open lower following another weak session for US tech stocks overnight. Challenger (ASX:CGF) and AMP (ASX:AMP) shares are in the news.
The Challenger Ltd (ASX:CGF) share price will be on watch this morning on talk that it is looking at buying one of the AMP Limited (ASX:AMP) businesses.
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?
