AMP the good, the bad and the ugly. A short sellers paradise?, page-64

My feeling is that it is all too little too late;
Fund managers and super funds dont want to provide mandates to AMP Capital
Mandates are being lost through withdrawal and attacks by other players
AMP Wealth is reducing fees to retain AUM in super resulting in reduced revenues
Advisers are attacking by withdrawing clients and via the class action
Advisers leaving in droves and the ones that remain not enough to increase FUM
Insurance business seems to have been sold for lowball price
AMP Bank is not a bad business but their products were mostly only sold by AMP planners
AMP bank has been reliant on lowballing deposits from AMP Super funds. Not sure how this will affect it moving forward
AMP does not have a clear path forward or a very refined strategy

Sure the business will keep producing revenues but the revenues are declining, mandates are leaving and AUM is flying out the door. I honestly doubt that they can turn it around from here.