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| | | ... investment management division. Stojanovski moves into the role after Miriam Herold left in mid-May to head investments in AMP's superannuation trustee office. Centrepoint added net 17 advisers last financial year, taking its total to 317 licensed advisers. ... |
| | | | ... approximately 50 clients across 15 countries, and processes around $17 trillion in assets. Its clients include the likes of AMP, Suncorp, Aberdeen, IOOF, Mercer, BNP Paribas, and Colonial First State to name a few. In the new role, Azer will be responsible ... |
| | | | AMP Limited and AMP Group have been hit with a credit downgrade from S&P. S&P downgraded AMP Limited and AMP Group Holdings from BBB to BBB-. AMP Bank also got a downgrade, from BBB+ to BBB. However, the outlook for AMP Group improved from "creditwatch ... |
| | | | ... trading activity (~3bp impact for HUB/NWL) is yet to flow through. Ultimately, the value investment cases underpinning IFL and AMP will take time to play out - although AMP's may have been brought forward with its strategic review and IFL's pushed out ... |
| | | | AMP is allegedly handing departing financial advisers a contract with a clause in it that prohibits them from joining the current open class action. The Advisers Association chief executive Neil Macdonald said he became aware of a new clause in AMP's ... |
| | | | Morningstar analysts are holding on their ratings for AMP Capital funds for now, amid harassment allegations and other leadership changes. The ratings house currently covers a number of funds from AMP Capital, across infrastructure, property and multi-asset ... |
| | | | ... proceedings did not come without warning, as Piper Alderman made a call out for customers from the financial advice arms of AMP, CBA and Westpac who had either acquired, renewed or continue to hold a financial product on recommendation of an adviser ... |
| | | | ... team composition, process changes, and our degree of relative conviction." Strategies updated following the review include AMP Capital's Australian Bond, which has been upgraded from bronze to silver. "AMP Capital has continued to show the fruits ... |
| | | | AMP has announced its board is undertaking a portfolio review of the group's assets and businesses, in the first major move by newly appointed chair Debra Hazelton. The embattled wealth manager said its board remains committed to AMP's transformation ... |
| | | | A new poll has revealed widespread disappointment in AMP's treatment of its aligned financial advisers in renegotiating Buyer of Last Resort (BOLR) agreements. Financial Standard polled roughly 250 people in the financial services industry, asking them ... |
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