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| | AMP is set to pay a dividend of 2.5c per share after reporting a statutory net profit after tax (NPAT) of $387 million, its first since the Royal Commission came to an end. It marks a significant turnaround for the wealth giant, having last year reported ... |
| | | ... head of trading for Australia and New Zealand. Prior to joining AllianceBernstein in 2001, she worked as an equity trader at AMP Henderson Global Investors. "Cboe Australia has firmly established itself as an integral piece of the country's financial ... |
| | | ... acquisition of Zurich Australian Super and trustee appointments to AIA (Comminsure) in 2019, followed by HUB24 Super Fund and AMP Life super funds in 2020," O'Brien said. "Andrew inherits a capable and strong leadership team, excellent clients, and clear ... |
| | | ... On the other hand, stocks, where analysts see consensus earnings risk to the downside, are Insurance Australia Group -4.2%, AMP 7.1%, Australian Securities Exchange (ASX) -23.0% and QBE Insurance 4.0%. "Over the next week, another 30% of companies are ... |
| | | ... experience to the financial services firm and has also been named a partner. Before joining Koda, Hinze spent over nine years at AMP where she most recently held the title of general manager of AMP Advice. Heath commented on the appointment and explained ... |
| | | ... platform segments, corporate super was the sole segment with positive growth (2%), benefiting from the consolidation of some AMP products. Managed accounts also showed resilience, with a FUA decrease of 0.6%. Meanwhile, investment wraps retraced 4% ... |
| | | ... property downturn. The RBA should be feeling more confident that inflation peaked in Q4, the investment manager added. Meanwhile, AMP chief economist Shane Oliver said underlying inflation surprised on the upside again in the December quarter and retail ... |
| | | AMP has completed the sale of the Collimate Capital international infrastructure equity business to DigitalBridge Group. AMP realised $582 million from the sale, including a $521 million cash payment received from DigitalBridge, $57 million from retained ... |
| | | Over the last year, Australian shares have outperformed their global counterparts, and AMP Capital chief economist Shane Oliver believes this trend will continue. To get a handle on the future, he said, it's useful to understand the past, saying the ... |
| | | ... steadied this quarter, however we saw an uptick in inflation for services such as holidays and restaurant meals," Marquardt said. AMP senior economist Diana Mousina said she expects this will be the peak for inflation in Australia for this cycle. "The ... |
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