The historic deal will galvanise Dexus’ investment management aspirations and kill off AMP’s long-running plan to spin out and publicly list the AMP Capital real estate and infrastructure funds management business.
ASX-listed Dexus has confirmed it is working on a transaction with AMP’s funds management platform to take over running as much as $30 billion in real estate and local infrastructure vehicles.
A director will step down next week. The wealth giant has confirmed that non-executive director John O’Sullivan will step down from the board effective 8 April 2022. According to AMP, Mr O’Sull
The ASX-listed wealth manager has for the first time disclosed metrics relating to workplace sexual harassment as part of its ‘commitment to transparency’.
The Dixons Advisory case and its abuse of vertically integration "sullies the reputation of all", the shadow minister said. The comments provided a fitting introduction for AMP CEO Alexis George to talk about the lessons learnt and the path forward for the institution.