AMP reports lift in fee income
Wednesday, June 19th 2013, 3:06PM
AMP Capital Investors reported a 34% increase in fee income last year due to funds taken over from Axa Asia Pacific and improving market values.
It had fee income of $49.1 million in 2012, up from $36.8 million a year earlier.
The firm posted a net loss of $12.7 million.
AMP has stopped using the AXA brand.
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