AMP consolidates Australian wealth management and banking units
Australian investment manager AMP has brought its domestic wealth management and banking units under a single roof. The move, AMP CEO Francesco…
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AMP plans $650m capital raise amid H1 loss
Troubled wealth manager AMP has unveiled plans to raise A$650m ($440m) capital in a bid to drive growth. The capital…
AMP wealth AuM rises even as cash outflows increase
AMP said that the assets under management (AuM) in its Australian wealth management arm totalled A$129.3bn ($90.8bn) as of 31…
AMP 2018 profit nosedives 97% in the wake of fee scandal
Australian wealth manager AMP full-year profit has plunged 97% year-on-year to A$28m ($19.9m) after revelations of embroilment in a fee…
AMP restructures wealth management team
Australian investment manager AMP has named Alex Wade as its new wealth management boss, taking over from Paul Sainsbury who…
AMP flags 96% slump in full-year profit
Australian wealth manager AMP has forecast a 96% plunge in its full-year profit in the wake of a fee scandal.…
AMP hires new advice head from Credit Suisse
Australian investment manager AMP has named Alex Wade as its new head of advice, replacing Jack Regan who will retire…
AMP teams up with Morningstar to enhance investment research
Australian investment manager AMP has signed a partnership with Morningstar Australasia, under which the latter will offer external research to…