Wealth and Asset Management
AMP wealth management AUM grows $2bn
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 million outflow in Q1 2022. The MyNorth platform…
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