Anyone who claims they know more than below is FOS. I see this story as an improving one that will deliver significant value uplift when positive cashflows are reported in FY23.Australian Wealth Management
- Australian Wealth Management AUM decreased A$5.8 billion to A$136.5 billion during Q1 22, reflecting lower investment markets and net cash outflows.
- Net cash outflows of A$1.3 billion at Q1 22 improved from A$2.0 billion net cash outflows in Q1 21.
- North EFA inflows of A$342 million, up 53 per cent on Q1 21.
- While underlying cashflow trends continue to improve, the conclusion of AMP’s mandate as Woolworths’ corporate super provider is expected in 1H 23, and will generate an additional one-off impact of approximately A$4 billion in cash outflows. The exit of the mandate is not expected to have a material impact on profitability.
AMP Advice and Wealth, page-263
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.13 |
Change
-0.015(1.32%) |
Mkt cap ! $2.921B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.14 | $1.12 | $6.142M | 5.453M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14999 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 9677 | 6 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| AMP (ASX) Chart |