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Showing 1 - 4 of 4 results for "Platform North"

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... yoy) respectively. Wealth management assets under management grew 6% to $131 billion thanks to market performance. Platform North saw net inflows of $1.4 billion while AUM rose 10% to $57 billion. Outflows across all products totalled $2.7 billion, which ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... recorded a $52 million inflow, bringing deposits to $17 billion, which offset lower retail deposits. Wealth management platform North was a source of growth. Some $818 million of funds came in; $196 million came from external financial advisers. AMP ...

AMP wealth arm leaked $873 million in first half

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... transitions, the group said. North platform The biggest inflows for AMP's wealth management business came from its wrap platform North which bought in $2.5 billion of net inflows in the first half. However, when compared to H1 2017, North's inflows were ...

AMP prioritises reinsurance, grows advice arm

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
... licensee adviser practices in the first half, with an average AUM per adviser practice at $39 million. Flagship platform North, recorded $2.9 billion in net cashflow, up 8% year-on-year. AMP Capital meanwhile posted a 10.8% increase in operating profit ...
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