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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
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.
AMP share registry, G
PO Box 2980
Non-Executive Chairman of the Board
Chief Executive Officer
Chief Financial Officer
Chief Executive, AMP Australia
Chief Executive Officer of AMP Capital
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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.
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 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 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 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.
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'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.
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.
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.
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.
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.
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.
* AMP investors to receive shares in new private markets company
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 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.
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.
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.
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...
* AMP shares give up most initial gains by close (Adds graphic, updates to closing share price)
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.
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