Weekly market update – week ending 14 May, 2021

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Investment markets and key developments over the past week Share markets fell over the last week as US inflation data for April came in far stronger than expected raising fears

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The 2021-22 Australian Budget – spending the growth windfall to further grow the economy towards full employment

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Key points The Government now expects the Federal budget deficit to peak at $161bn this financial year (down from $214bn in October’s Budget) and fall to $107bn in 2021-22. The

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AMP Australia CEO announces new team to lead transformation of the AMP Australia business

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AMP Australia Chief Executive Officer Scott Hartley has announced his new leadership team and an updated operating model, designed to deliver increased performance and greater efficiency for the Wealth Management

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Weekly market update – week ending 7 May, 2021

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Investment markets and key developments over the past week Share markets mostly rose over the last week helped by good earnings and dovish central banks. US, European and Japanese shares

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AMP introduces more competitive prices across its wrap offers and calls for greater pricing transparency in the platform industry

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AMP has announced fee reductions to MyNorth and other wrap offers as part of a commitment to competing strongly and transparently, while delivering a market leading offer for clients and

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The return of geopolitical risk? – what to watch over the remainder of 2021

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Key points Geopolitical issues generate much interest but don’t necessarily have a significant impact on markets. But geopolitical risks are higher than prior to the GFC reflecting three big themes:

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Weekly market update – week ending 30 April, 2020

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Investment markets and key developments over the past week Share markets were mixed over the last week with US shares rising to new record highs helped by good economic data,

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Weekly market update – week ending 23 April, 2021

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Investment markets and key developments over the past week Share markets generally fell over the last week with first worries about the resurgence in global coronavirus cases and then reports

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AMP announces intention to pursue demerger of AMP Capital’s private markets investment management business

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AMP Limited has announced its intention to pursue a demerger of AMP Capital’s private markets business (“Private Markets”) of infrastructure equity, infrastructure debt and real estate. The proposed demerger follows

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AMP Limited provides Q1 21 AUM and cashflows update

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Australian wealth management (AWM) assets under management (AUM) increased A$1.6 billion to A$125.7 billion during Q1 21, reflecting improved investment markets. AWM net cash outflows of A$1.5 billion in Q1

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