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Showing 51 - 60 of 1238 results for %22AMP Bank%22

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
In an ASX announcement, AMP said that its Australian Wealth Management assets under management (AUM) increased by $2 billion to $126.2 billion. However, the company had a net cash outflow of $600 million in Q1 2023, a slight improvement from the $900 ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... the Reserve Bank of Australia (RBA) to look to increase the cash rate again in May following its pause this month. However, AMP deputy chief economist Diana Mousina says she expects the pause will be held. "We have been expecting the labour market to ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
The International Monetary Fund (IMF) has reported a significant decrease in global economic growth, reaching a 20-year low. The IMF World Economic Outlook 2023 report said there were tentative signs in early 2023 that the world economy could achieve ...

AMP promotes Diana Mousina

ELIZABETH FRY  |  TUESDAY, 11 APR 2023
AMP has announced the elevation of Diana Mousina to deputy chief economist. Working closely alongside AMP's chief economist Shane Oliver, Mousina is a key member of the AMP Investments team which oversees the management of funds for AMP's superannuation ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... "some further tightening of monetary policy may well be needed to ensure that inflation returns to target". Many experts, like AMP deputy chief economist Diana Mousina, see the RBA governor delivering on that promise and continuing to hike rates. Mousina ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... soft-landing and maintain the high level of employment in the economy which supports a more patient approach," Solomon said. AMP senior economic Diana Mousina noted that RBA governor Phillip Lowe has highlighted the importance of key data points, including ...

Ignition chief executive resigns

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... replaced. Keary took over from Manish Prasad, who also left after about two years in the role. After nearly nine years, Keary left AMP Capital as managing director for Asia Pacific in late 2020 to join the technology firm in Sydney and was previously ...

New EM fund for Maple-Brown Abbott

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... July, the fund manager launched an Australian small companies fund managed by Phillip Hudak and Matt Griffin, who joined from AMP Capital.

AMP, Dexus reach final sale agreement

CHLOE WALKER  |  MONDAY, 20 MAR 2023
The long-awaited transfer of the AMP real estate and domestic infrastructure equity business to Dexus Funds Management has begun, with the first-stage completion of the sale expected to occur this week. First completion is expected on Friday, at which ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Providing its final update on institutions' financial advice remediation programs, ASIC calculated AMP, ANZ, Commonwealth Bank (CBA), Macquarie, NAB and Westpac have so far paid a combined $4.7 billion. The remediation programs included in ASIC's update ...