AMP Ltd
AMP: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$8.64 | Mqbjr | Syj |
Turnaround in AMP's Earnings Should Persist
Business Strategy and Outlook
AMP is focused on simplifying its business and reducing costs, with less emphasis on growth than historically. The advantages of AMP’s vertical integration have weakened, due to proactive regulatory scrutiny, expanding approved product lists, and more transparent product/fee disclosures.