North’s managed portfolio AUM passes $11 billion as investment menu expands

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North, one of Australia’s leading wrap investment platforms, has seen its managed portfolio range become the fastest growing in the market after it surpassed $11 billion in assets under management

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Weekly economic and market update – week ending 11 August, 2023

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Investment markets and key developments Global shares were mixed over the last week. US shares fell on the back of higher energy prices and ongoing upwards pressure on bond yields

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AMP announces 1H 23 results 

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Overview Underlying Net Profit After Tax (NPAT)[1] of $112 million in line with 1H 22[2] Business unit performance includes: AMP Bank underlying NPAT of $57 million up 23.9% on 1H22.

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Recession versus “goldilocks” – five reasons why we could still avoid recession

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Key points Rapid monetary tightening points to a high risk of recession and, given lags in the way it impacts the economy, just because it hasn’t happened yet does not

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Addressing Australians’ financial literacy and the gender literacy gap

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While Australia remains one of the richest nations in the world, a new Econosights report from AMP’s Deputy Chief Economist, Diana Mousina highlights the need to improve financial literacy standards.

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Weekly economic and market update – week ending 28 July, 2023

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Investment markets and key developments Global shares were mixed over the last week being buoyed by increasing confidence that central bank interest rates are at or close to the top

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The confusing economic picture – why you need to know the difference between leading and lagging economic indicators

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Key points For nearly 30 years Australia had benign economic cycles so the current environment may be a bit of a shock for many. Still low unemployment and still high

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Weekly economic and market update – week ending 21 July, 2023

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Investment markets and key developments Global shares were mixed over the last week with US and Japanese shares up, but European and Chinese shares down as investors digested the strong

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AMP announces new executive roles and flattened structure

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AMP has announced three new executive roles and a flattened organisational structure, as part of the ongoing simplification and streamlining of its business following the AMP Capital sales. AMP will

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AMP MySuper delivers annual return of 9.1 per cent

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AMP has delivered a return of 9.1 per cent for members of its AMP MySuper 1970s superannuation fund option for the financial year ending 30 June 2023. Part of AMP’s

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