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AMP reported a strong Q1 with $740M net cash flow, despite a slight drop in assets under management.
AMP reported a strong first quarter of FY2025, with a significant increase in net cash flow to $740 million, making its North platform more attractive to financial advisers.
Despite a 1% drop in assets under management to $78.8 billion due to market volatility, the company showed improved adviser engagement and reduced outflows in its superannuation business.
AMP's digital advice offering has driven better client retention and inflows.
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AMP reportó un fuerte Q1 con un flujo de efectivo neto de $740M, a pesar de una ligera caída en los activos bajo administración.