AMP is continuing to bleed funds as clients pull mandates, suffering net outflows of $1.5 billion over the March quarter, according to an update to shareholders that made no mention of takeover discussions with Ares Management.
AMP’s outgoing CEO Francesco De Ferrari. The stock has halved in value during his tenure. Louie Douvis
Loading...
Michael Roddan is a Walkley Award-winning national correspondent based in Sydney. He is a former business and economics reporter for The Australian. Connect with Michael on Twitter. Email Michael at m.roddan@afr.com
