Australia's largest stock trading and investment forum Australia's #1 stock forum

AMP

Click for more information

0.47%

$1.07 amp limited

when will AMP HIT $3.00, page-2155

First 2155 Last

Share
Profile

Follow
Helmich

2,328 Posts.

331

04/08/20

15:10

Post #: 46293692
Share
Originally posted by primer: ↑

AMPlaunches new managed portfolios
BY JAMIE WILLIAMSON | TUESDAY, 4 AUG 2020 1:08PM
AMP islaunching a new range of managed portfolios, available on its flagship MyNorthplatform.
The activelymanaged IndexPlus range blends a low fee with low-turnover index-basedinvestments, AMP said.
he range includesfive products with varying risk profiles: IndexPlus Conservative, IndexPlusModerately Conservative, IndexPlus Balanced, IndexPlus Moderately Aggressiveand IndexPlus Aggressive.
"The IndexPlus range combines the benefits of active andpassive strategies into a unique, low-cost investment, delivered simply andefficiently through MyNorth," AMP director of wrap product Shaune Egansaid.

https://www.financialstandard.com.au/news/amp-launches-new-managed-portfolios-169920870

Expand

This why AMP are going to suffer margin compression. They need to set up managed portfolios to stem the flow into competitor's products but it is going to result in lower revenue. They are playing catch up with managed portfolios when other companies have been doing this for years. These are only index funds too by the looks of it so its a bit ho-hum IMO.
AMP Price at posting: $1.46 Sentiment: Sell Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3,315 more messages in this thread...

First 2155 Last

Add AMP (ASX) to my watchlist

(20min delay)
Last $1.07		Change 0.005(0.47%)		Mkt cap ! $2.826B

Open	High	Low	Value	Volume
$1.06	$1.07	$1.06	$278.7K	262.6K

Buyers (Bids)

No.	Vol.	Price($)
19	89893	$1.06

Sellers (Offers)

Price($)	Vol.	No.
$1.07	171338	30

View Market Depth

No.	Vol.	Price($)
18	82537	1.060
10	346202	1.055
25	901912	1.050
18	253423	1.045
11	153951	1.040

Price($)	Vol.	No.
1.065	178074	31
1.070	475440	26
1.075	272531	22
1.080	415057	31
1.085	513084	22

Last trade - 10.10am 14/06/2024 (20 minute delay)


Last $1.06			Change 0.005 ( 0.43 %)
Open	High		Low	Volume
$1.06	$1.07		$1.06	119275
Last updated 10.26am 14/06/2024 ?

AMP (ASX) Chart