AMP earnings fall by a quarter due to market turmoil
| Source: | Lateline Business |
|---|---|
| Published: | Thursday, August 28, 2008 10:19 AEST |
| Expires: | Wednesday, November 26, 2008 10:19 AEST |
The turmoil on global equity markets has dented the profits of investment and insurance house AMP. Half year earnings at the country's third biggest retail fund manager have fallen by nearly a quarter to $366 million.