AMP's Flows Look Increasingly Rosy to Bull -- Market Talk
Dow Jones
Jan 30
2340 GMT - Morgan Stanley is more bullish about wealth manager AMP's flows trajectory. It upgrades forecasts for group net flows in FY 2026 by 25% to A$6.0 billion. That reflects data showing its AMP North platform offering a strong combination of features versus fees. "We also see an almost 80% year-over-year step up in dividend in FY 2026 as payout lifts to 55%, placing us 30% ahead of consensus," says analyst Andrei Stadnik. MS retains an overweight call and lifts its price target by 4.8% to A$2.20/share. AMP is up 0.6% at A$1.655. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
January 29, 2026 18:40 ET (23:40 GMT)
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