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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Alexis George appointed as AMP Limited Chief Executive; Francesco De Ferrari to retire from AMP

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AMP Limited has announced it has appointed Alexis George as its new group Chief Executive Officer (CEO), to take over from Francesco De Ferrari who will retire from the role

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AMP and Ares Management Corporation announce intention to pursue joint venture partnership for AMP Capital’s private markets businesses

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AMP Limited (“AMP”) and Ares Management Corporation (NYSE: ARES) (“Ares”) today announced that they have entered into a non-binding Heads of Agreement to pursue the formation of a joint venture

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AMP announces FY 20 results and provides portfolio review update

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FY 20 results Increasing momentum on delivery of AMP’s three-year transformation strategy, amid challenging market conditions in each business unit in FY 20. FY 20 NPAT (underlying)[1] of A$295 million

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AMP Limited announces AMP Australia CEO appointment

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AMP has announced the appointment of Scott Hartley as Chief Executive Officer (CEO) of AMP Australia, effective 11 January 2021. Mr Hartley, who was CEO of Sunsuper from 2014-19, will

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AMP appoints David Atkin as AMP Capital Deputy CEO

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AMP has announced the appointment of David Atkin as Deputy Chief Executive Officer (CEO) of AMP Capital, effective 7 December 2020. Mr Atkin, previously the CEO of Cbus Super for

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AMP announces 1H 20 results and return of capital

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1H 20 results 1H 20 underlying profit[1] of A$149 million (1H 19: A$256 million) reflects COVID-19 impacts, as previously advised. 1H 20 net profit attributable to shareholders of A$203 million.

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AMP Australia leadership update

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AMP has announced that Alex Wade, CEO of AMP Australia, will step down from his role, effective immediately. AMP has accepted the resignation and confirms Mr Wade will leave the

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AMP completes sale of life insurance business to Resolution Life

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AMP Limited has announced the completion of the sale of its life insurance business, AMP Life, to Resolution Life for A$3.0 billion delivering a key priority in AMP’s transformation strategy.

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AMP Capital leadership transition

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AMP Limited has announced the appointment of Boe Pahari as Chief Executive Officer of AMP Capital, effective 1 July 2020. Mr Pahari will succeed Adam Tindall who will retire from

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