How is the AMP (ASX:AMP) share price performing against the financial sector in 2021?

how is the amp asxamp share price performing against the financial sector in 2021

Sumary of How is the AMP (ASX:AMP) share price performing against the financial sector in 2021?:

  • The impact was primarily caused by net cash outflows which came to $12 billion for the quarter.
  • In context, net cash outflows totalled $2.4 billion in Q3 FY20. In AMP’s New Zealand wealth management portfolio, AUM increased to $12.9 billion, up $300 million quarter-on-quarter.
  • The sound result was driven by investment market gains which offset net cash outflows of $39 million.

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