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AAP
AAP
Business
Derek Rose

AMP won't commit to regular dividends yet

AMP executives are working to turn around the slimmed-down business. (AAP)

AMP isn't yet in a position to resume regular payouts to shareholders, but will share with them most of the proceeds of its asset management business, its new chief executive says.

The wealth manager over the past year or so has sold off the business formerly known as AMP Capital in pieces to Dexus, Macquarie and DigitalBridge for a total of roughly $2 billion.

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