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(Reuters) -AMP Ltd on Friday reported third-quarter net outflows at its Australian wealth management unit more than halved due to increased inflows into its flagship online investment platform, North, and reduced withdrawals at its pension trusts.
AMP has suffered from persistent outflows since a government-backed inquiry revealed a series of scandals that the 173-year-old firm has been striving to get past as it seeks to regain public trust.
"We've seen a reduction in cash outflows to other s...
>>> Read more: AMP Australian wealth management unit's net outflows more than halve
AMP has suffered from persistent outflows since a government-backed inquiry revealed a series of scandals that the 173-year-old firm has been striving to get past as it seeks to regain public trust.
"We've seen a reduction in cash outflows to other s...
>>> Read more: AMP Australian wealth management unit's net outflows more than halve
