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Hot Topic Hawke’s Bay
Investment
2 mins to read

AMP sells one of its Capital units to Macquarie

Sale labelled ‘important step’ ahead of AMP Capital demerger next year.

Hamish McNicol Thu, 08 Jul 2021

Trans-Tasman financial services company AMP is selling AMP Capital’s global equities and fixed income business to Macquarie Asset Management in a deal worth up to A$185 million.

The sale comes as AMP looks to spin off and separately list AMP Capital’s private markets following a lengthy

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Hamish McNicol Thu, 08 Jul 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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Tags
AMP AMP Capital Macquarie
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