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| | | ... countries. He is correctamondo! Australia's June quarter growth of 0.5% tops those of the G7 countries: Canada (0.9%); (France (0.3%); Germany (-0.1%); Italy (0%); Japan (0.4%); UK (--0.2%); and level pegging with the US (0.5% -- annualised quarterly ... |
| | | | AMP advisers planning to exercise their Buyer of Last Resort (BOLR) arrangements look set to have their business valuations slashed as part of the institution's new strategy. AMP chief executive Francesco De Ferrari said the group will look to recalculate ... |
| | | | Reporting a 50% drop in wealth management profits, AMP conceded chief executive Francesco De Ferrari's remuneration will have to be reconsidered in light of share price tumbles. The group reported an underlying profit of $309 million for the first half ... |
| | | | AMP has announced a range of initiatives aimed to reposition it for the future, including a $650 million capital raise to reinvent its wealth management offering. Releasing its 1H19 results today, AMP has launched a $650 million capital raise to fund ... |
| | | | ... G20 summit in Osaka also spoke about the potential benefits of impact investing. The G7 consists of leaders from Canada, France, Germany, Italy, Japan, the UK and the US. The statement from the G7 leaders outlines support for the growth of the impact ... |
| | | | AMP's wealth management arm saw net outflows of $1.8 billion last quarter. Announced as part of its annual general meeting today, the embattled wealth manager revealed outflows from its Australian wealth business tipped $1.8 billion in the first ... |
| | | | AMP has announced five new appointments to its wealth management leadership team. Dedicated to providing better experiences and outcomes for clients, AMP has built out the executive team charged with overseeing its troubled wealth management business. ... |
| | | | ... sovereigns, semi-government, agencies and supra-nationals in the core G7 defined countries − Canada, US (North America), France, Germany, Italy (Europe ex-UK Core), UK and Japan, as well as satellite countries. Read more: How JCB is building its bu ... |
| | | | ... India is projected to be the world's third largest economy by 2030, behind only the US and China. Last year, India overtook France to become the world's sixth largest economy, behind the UK in fifth place. India Avenue says Australian super funds currently ... |
| | | | AMP will no longer be awarding incentives for leadership teams. Meanwhile, former executives have forfeited long and short term incentives and fees paid to board directors have been reduced. In its 2018 annual report chairman David Murray wrote: "The ... |
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