AMP North hits $10 billion FUA, up from $2 billion in just 3 years

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AMP’s flagship wrap platform North has hit $10 billion in Funds Under Advice (FUA), a five-fold increase since it launched as a full wrap platform with $2 billion in FUA

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The US reinvents itself, yet again!

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Key points The US economy is yet again reinventing itself. This has been helped along by a determination to get the US economy moving again after the global financial crisis

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Weekly market & economic update – week ending 21 February, 2014

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Investment markets and key developments over the past week Global shares had a mixed week as investors digested the 5% or so rebound since early February amidst weather affected US

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AMP launches first whole of wealth App

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AMP has launched Australia’s first fully integrated ‘whole of wealth’ mobile app to drive customer engagement with their finances – as Newspoll research shows a quarter of working Australians know

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International equities up as cash down

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International equities have become more attractive to self-managed super fund (SMSF) trustees as historically low interest rates decrease the appeal of cash, according to the latest Multiport SMSF Investment Patterns

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Weekly market & economic update – week ending 14 February, 2014

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 Investment markets and key developments over the past week Shares rose over the past week thanks to a combination of soothing comments from Janet Yellen, good Chinese trade data, talk

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AMP Capital names new head of Fixed Income

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Simon Warner has been appointed as Head of Fixed Income for AMP Capital, effective immediately. Mr Warner, who has held the role of AMP Capital’s Head of Macro Markets within

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Weekly market & economic update – week ending 7 February, 2014

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Key events of the past week and implications While the past week got off to a bad start after a weather affected slump in the US ISM manufacturing conditions index,

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The Australian dollar – still more to fall

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Key points The rising tide in favour of the $A has well and truly reversed with further downside likely in the years ahead, particularly against the $US and Euro. The

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Weekly market & economic update – week ending 31 January, 2014

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Key events of the past week and implications Emerging market worries and no signs that the Fed is too concerned as it announced a further tapering of its monetary stimulus

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