AMP Ltd
AMP: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|k> | LOCK|g^f | LOCK|<k |
AMP: Strong Volumes but Sentiment Too Bullish
AMP reported a 4% increase in assets under management to around AUD 160 billion, from AUD 154 billion in the prior quarter. This was driven by flow improvements in its Australian platforms and master trust businesses. Loan growth also moderately picked up.
