Weekly market update – week ending 19 July, 2019

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Investment markets and key developments over the past week US, European and Japanese shares slipped over the last week as trade war uncertainty continued to weigh amidst some mixed US earnings reports. Global trade war uncertainties also weighed on the Australian share market with a sharp fall in oil prices particularly hitting energy stocks, but […]

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Weekly market update – week ending 5 July, 2019

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Investment markets and key developments over the past week Share market rose solidly over the last week buoyed by a bunch of good news including the latest US/China trade war truce, the nomination of Christine Lagarde to head the ECB after Draghi and, in Australia, another rate cut and Parliamentary support for tax cuts. Bond […]

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AMP adds Zenith and Quilla to MyNorth Managed Portfolios range; launches Partnered Managed Portfolios offer; releases new whitepaper

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AMP has strengthened its MyNorth Managed Portfolio proposition, announcing three new initiatives: Adding investment managers Zenith Investment Partners and Quilla Consulting to its MyNorth Managed Portfolio range Launching a new Partnered Managed Portfolios offer, tailored for advice practices that are seeking to implement a whole-of-portfolio solution, and Releasing a new industry whitepaper on managed portfolios […]

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AMP reveals what’s changing in the new financial year

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The new financial year will see a raft of laws and scheduled changes coming into force impacting everything from extra super contributions, through to the age you can access the pension and the introduction of a government-funded reverse mortgage option for self-funded retirees. AMP Technical Strategy Manager John Perri explains how the key policy changes […]

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Weekly market update – week ending 28 June, 2019

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Investment markets and key developments over the past week Global shares slipped over the last week on the back of uncertainty ahead of the Trump/Xi meeting at the G20 and fears that the Fed may not be dovish enough in the face of soft data. Bond yields were flat to down reflecting global uncertainties, expectations […]

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Weekly market update – week ending 21 June, 2019

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Investment markets and key developments over the past week Share markets pushed higher over the last week as the Fed and the ECB hinted strongly at monetary easing ahead and as it was confirmed that Presidents Trump and Xi will meet on the sidelines of the 28-29 June G20 meeting in Japan. Expectations for monetary […]

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Weekly market update – week ending 14 June 2019

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Investment markets and key developments over the past week Share markets, rose over the past week with the combination of expectations for rate cuts/policy stimulus and the tariffs being avoided on Mexico offsetting ongoing uncertainty about the US/China trade war and geopolitical tensions in the Middle East and Hong Kong. Australian shares made it to […]

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Response to APRA directions and conditions on AMP Super licensees

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AMP notes this morning’s announcement by the Australian Prudential Regulation Authority (APRA) regarding the imposing of directions and additional conditions on the Registrable Superannuation Entity (RSE) licences of our superannuation trustees: AMP Superannuation Limited and NM Superannuation Proprietary Limited. AMP will fully implement the directions and additional conditions. We have been working constructively with APRA […]

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AMP recognises outstanding financial advice and advisers

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Outstanding financial advisers and advice practices in AMP’s network have been recognised in the AMP Adviser Awards. Advisers were awarded for outstanding examples of financial advice and their contribution to the community while the awards also highlighted strongly performing businesses among AMP’s nationwide network of advice practices. Individuals and businesses were awarded across the Charter, […]

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Weekly market update – week ending 7 June, 2019

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Investment markets and key developments over the past week Share markets, except for China’s, rose over the last week on increasing prospects for Fed rate hikes in response to the negative impact of trade wars. The Australian share market also saw a modest boost from the RBA cutting rates. The prospect of more rate cuts […]

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