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.
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Last
$1.07 |
Change
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Mkt cap ! $2.901B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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31 | 494847 | 1.060 |
17 | 271294 | 1.055 |
36 | 430479 | 1.050 |
9 | 159261 | 1.045 |
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1.075 | 428196 | 27 |
1.080 | 317016 | 22 |
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Last
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Change
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