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AMP Ltd (ASX:AMP)

Diversified Financials

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AMP is a diversified financial services company with primary operations in financial advice, including financial planning and wealth management.

A big part of its business is licensing other planning groups to provide advice. AMP also has capabilities in investing (AMP Capital), banking and, until recently, insurance.

AMP demerged its Private Markets business within the AMP Capital arm, which comprised infrastructure equity, infrastructure debt and real estate.

As part of this demerger, AMP also sold AMP Capital’s Global Equities and Fixed Income business.

AMP Ltd (ASX:AMP) share price

AMP Ltd (ASX:AMP) share price news

ASX Growth Shares
Patrick Melville

Why the AMP (ASX:AMP) share price sunk Thursday

Shares in financial services company AMP Limited (ASX: AMP) fell 3.8% before being placed in a trading halt towards the end of trading yesterday. Here’s what happened.

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