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AMP's NZ cash flows turn negative

Thursday 2nd of May 2019

It turned in overall net cash outflows of A$1.8 billion ($1.9b)

“Our focus during the first quarter has been on accelerating change within AMP including establishing a new leadership team, progressing the remediation program and separating our life insurance businesses, and sharpening our offers to clients," said chief executive Francesco de Ferrari.

“Stronger i...

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