{
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Australia's AMP makes historic investment in Bitcoin futures worth 17 million dollars

AMP Ltd. has made a historic investment of approximately A$27 million (around $17.2 million) in Bitcoin futures, becoming one of the first major Australian pension managers to embrace cryptocurrency. This cautious move, constituting about 0.05% of its total pension assets, reflects a shift in attitudes within the traditionally conservative sector, despite broader hesitance in the A$4.1 trillion Australian pension industry. AMP's Chief Investment Officer emphasized the importance of risk management and careful oversight in this evolving digital asset landscape.
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AMP Ltd USA AUS Donald Trump Michele Bullock Steve Flegg Anna Shelley Show more
Finance & Economy, Market Report
11:30 13.12.2024

AMP sees opportunity in Australian office market after significant valuation drop

AMP Ltd. believes that Australian office valuations are nearing their lowest point after a significant decline of over 26%. The Sydney-based wealth and pensions manager is now seeking investment opportunities in the domestic office market, anticipating limited further price drops.
bloomberg.com
AMP Ltd. AUS Anna Shelley
Finance & Economy, Market Report
07:20 29.10.2024
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