AMP has reported a fall in its wealth management assets under management (AuM) due to market turbulence triggered by the Covid-19 crisis.

In the Australian wealth unit, AuM totalled A$116.3bn ($73.7bn) at the end of March 2020. The AuM at the business was A$134.5bn at December-end 2019.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The business recorded net cash outflows of A$1.9bn in Q1 2020.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.