Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 201 - 210 of 3838 results for %22AMP%22

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
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 ...

Cboe Australia chief exits, successor named

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... 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 ...

Equity Trustees names super head

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... 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 ...

Reporting season may prove dramatic: UBS

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
... 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 ...

Koda Capital welcomes chief client officer

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
... 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 ...

Negative wholesale funds market growth continues

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... 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% ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... 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 completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
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 ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
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 ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... 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 ...