North’s managed portfolio AUM passes $11 billion as investment menu expands
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 (AUM).
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AMP announces 1H 23 results
“We have significantly reduced the size and complexity of AMP’s business, whilst continuing to resolve legacy issues. The changes we have made are allowing us to focus on driving performance and strategic investment in our growth businesses, with our eyes firmly on the future.”
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Podcast: Episode #80: Another look at the RBA
AMP’s chief economist Dr. Shane Oliver reviews the Reserve Bank’s decision this week to hold at 4.1%. Has the RBA found a sustainable balance or is household spending power still likely to take even more of a hit in the coming months?
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Addressing Australians’ financial literacy and the gender literacy gap
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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Podcast: Episode #78: Leading versus lagging economic indicators
Many Australians are confused about the current economic situation. Cafes and restaurants are doing well but cost of living pressures mean more Australian households are feeling the strain. AMP’s Chief Economist, Dr. Shane Oliver steps us through the differences in key indicators, and their function in the economic cycle.
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AMP announces new executive roles and flattened structure
AMP has today 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.
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Podcast: Episode #77: The Watch List: 7 economic indicators for investors to pay attention to.
AMP’s Head of Investment Strategy and Chief Economist Dr. Shane Oliver looks at seven key indicators that investors need to keep a close eye on to understand where the investment cycle is going and what shares, in particular, are likely to do.
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AMP MySuper delivers annual return of 9.1 per cent
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.
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AMP simplifies its financial reporting materials
AMP Limited today provides an update to its financial reporting materials ahead of its 1H 23 results. The changes align AMP’s reporting and disclosure materials to its more focused business, and streamlined operating model, in line with recent announcements
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Podcast: Episode# 76: 15 common sense tips to help manage your finances.
AMP's Chief Economist Dr. Shane Oliver delivers 15 great, common sense tips to help you manage your finances.
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Podcast: Episode# 75: Returns rebound – but is it sustainable?
The past financial year turned out to be a good one for investors as shares rebounded thanks to falling inflation and hopes rates are near the top. AMP's Chief Economist Dr Shane Oliver looks at the outlook for investment returns over the next 12 months as central banks remain hawkish and recession risks are high.
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Podcast: Episode# 74: The Reserve Bank of Australia holds on 4.1%, but for how long?
AMP’s Chief Economist, Dr. Shane Oliver takes a closer look at the Australian Reserve Bank's choice to leave interest rates on hold at 4.1%. However are still heading towards a 50% chance of recession next year, and will we see a number of rate cuts as early as February 2024?
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