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AMP Ltd

AMP.AX

Latest Trade

0.89AUD

Change

0.02(+2.30%)

Volume

37,366,225

Today's Range

0.86

 - 

0.90

52 Week Range

0.86

 - 

1.58

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
0.87
Open
0.88
Volume
37,366,225
3M AVG Volume
294.28
Today's High
0.90
Today's Low
0.86
52 Week High
1.58
52 Week Low
0.86
Shares Out (MIL)
3,263.98
Market Cap (MIL)
2,841.51
Forward P/E
9.51
Dividend (Yield %)
--

Next Event

Full Year 2021 AMP Ltd Earnings Call

Latest Developments

More

NZX Operations Advises That AMP Ltd Will Be Delisting From NZX Main Board

AMP To Sell Majority Stake In MoneyBrilliant To Westpac

Westpac Agrees Terms To Buy MoneyBrilliant From AMP

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About AMP Ltd

AMP Ltd is an Australia-based wealth management company. The Company operates through three divisions: AMP Australia, AMP Capital and New Zealand wealth management. AMP Australia provides wealth management, advice and bank products. Wealth management provides financial advice services through aligned and owned advice businesses, platform administration, unit linked superannuation, retirement income and managed investment products. AMP Bank offers residential mortgages, deposits and transaction banking. AMP Capital is a diversified investment manager across various asset classes, including equities, fixed interest, infrastructure, real estate, diversified and multi-manager and multi-asset funds. New Zealand wealth management business includes the wealth management, financial advice and distribution business in New Zealand.

Industry

Investment Services

Contact Info

AMP share registry, G

PO Box 2980

MELBOURNE, VIC

3001

Australia

+61.3.94154051

https://www.amp.com.au/

Executive Leadership

Debra Hazelton

Non-Executive Chairman of the Board

Alexis George

Chief Executive Officer

James Georgeson

Chief Financial Officer

Scott Hartley

Chief Executive, AMP Australia

Shawn Johnson

Chief Executive Officer of AMP Capital

Key Stats

3.22 mean rating - 9 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2018

0.7K

2019

0.5K

2020

0.4K

2021(E)

2.2K
EPS (AUD)

2018

0.235

2019

0.149

2020

0.085

2021(E)

0.092
Price To Earnings (TTM)
24.85
Price To Sales (TTM)
0.97
Price To Book (MRQ)
0.66
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
576.64
LT Debt To Equity (MRQ)
150.76
Return on Investment (TTM)
0.86
Return on Equity (TTM)
0.37

Latest News

Latest News

Australia's AMP to sell infrastructure debt platform to Ares for $310 million

AMP Ltd said on Friday it would sell its infrastructure debt platform to Ares Management for A$428 million ($310 million), as part of its strategy to simplify its private markets business ahead of a spin-off next year.

Australia's AMP to sell infrastructure debt platform for $310 mln

Australian wealth manager AMP Ltd said on Friday its private markets business would sell its infrastructure debt platform to a unit of Ares Management for A$428 million ($310 million). ($1 = 1.3806 Australian dollars) (Reporting by Arundhati Dutta in Bengaluru; Editing by...

Australia's AMP exits life insurance with $389 million stake sale

Australia's AMP Ltd said on Wednesday it had agreed to sell its remaining 19% stake in Resolution Life's Australia business to the British company, marking the wealth manager's exit from life insurance.

AMP says Australian wealth management unit's outflows slow

AMP Ltd on Thursday reported lower outflows at its Australian wealth management unit in the third quarter, largely due to the end of a government program that allowed people to tap the early release of their pensions to tide over the pandemic.

Australia's AMP beats low expectations, but halts dividend amid outflows

Australia's AMP Ltd reported a smaller-than-expected drop in profit for the first half on Thursday, pushing up its shares even as earnings at its core wealth and funds businesses continued to deteriorate.

Australia's AMP posts 57% rise in first-half profit

Australian wealth manager AMP Ltd said on Thursday its first-half underlying profit rose 57%, helped by stronger AMP Bank earnings and investment income from Group Office division, though the company did not declare an interim dividend.

Australia regulator sues AMP for charging pensioners 'fees for no service'

Australia's securities regulator said on Friday it had filed a lawsuit against six companies related to wealth manager AMP Ltd, accusing them of charging 'fees for no service' to customers on their corporate pension accounts.

Australian wealth manager AMP to revamp financial advice model

Australia's AMP Ltd said on Monday it would move to a new form of financial advice model for clients, marking a shift in the troubled wealth manager's advice operations as it embarks on a demerger from its infrastructure and property units.

Macquarie to buy AMP Capital's global equities and fixed income business

AMP Ltd will sell its global equities and fixed income (GEFI) business to Macquarie Group's asset management arm, the two companies said on Thursday, as the embattled wealth manager shrinks itself ahead of a spin-off.

UPDATE 1-ASIC alleges firms related to AMP charged fees from deceased customers

Australia's securities watchdog said on Thursday it had started civil proceedings against five companies related to wealth manager AMP Ltd for allegedly charging life insurance premiums and advice fees to customers after their deaths.

UPDATE 1-Australia's AMP avoids shareholder revolt "by a whisker"

Australian wealth manager AMP Ltd narrowly avoided a second straight shareholder vote against executive pay and the prospect of the board being fired on Friday, as it acknowledged wide-ranging concerns at an annual meeting.

Australia's AMP avoids second shareholder vote against executive pay

Shareholders of troubled Australian wealth manager AMP Ltd voted in favour of the company's executive pay program by a narrow margin on Friday, sparing the company a further vote on whether to remove its entire board.

UPDATE 3-Australia's AMP ends talks with Ares, opts for spin-off

* AMP investors to receive shares in new private markets company

UPDATE 2-Outflows continue at Australian wealth manager AMP as reputation damage bites

AMP Ltd saw A$1.5 billion ($1.16 billion) in net outflows at its Australian wealth management business in the first quarter as the troubled financial firm continues to lose clients, sending its shares to a more than one-year low.

AMP's Australia wealth business' assets under management rise by $1.2 bln

AMP Ltd said on Thursday assets under management at its Australian wealth management business increased by A$1.6 billion ($1.24 billion) in the first quarter on better market conditions and lower outflows from pension fund mandates.

Australia's AMP hires ANZ's Alexis George as CEO in drive to break with troubled past

Embattled Australian wealth manager AMP Ltd on Thursday named Australia and New Zealand Banking Group deputy chief Alexis George as its new chief executive officer, saying Francesco De Ferrari would retire from the role.

Australia's AMP says De Ferrari to retire, ANZ's Alexis George to be CEO

Wealth manager AMP Ltd said on Thursday it has appointed Alexis George as its new group chief executive officer, with Francesco De Ferrari set to retire from the role.

Australia's AMP says Ares keen to buy unit's $1.7 billion private markets business

Troubled Australian wealth manager AMP Ltd said on Monday that Ares Management was interested in a potential buyout of its A$2.25 billion ($1.72 billion) private markets business, nearly a month after the U.S. private equity fund withdrew its takeover bid for the parent...

UPDATE 3-Australia's AMP reiterates CEO to stay, but long-term uncertainty builds

* AMP shares give up most initial gains by close (Adds graphic, updates to closing share price)

Australia's AMP maintains CEO has not quit; reveals talks on future leadership

Embattled wealth manager AMP Ltd reiterated that Francesco De Ferrari would remain its chief executive officer, after a local media column said on Thursday he would resign.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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