AMP net cashflows jump in Q1

Group moves toward new business structure introduced by new CEO Craig Mellor.

AMP's (AMP) wealth management net cashflows lifted 72% in the first quarter, as the group moves more closely toward the new business structure which came into effect in January under new chief executive Craig Mellor. 

Net cashflows rose to $363 million in the three months to March 31, up from $211m in the previous corresponding period.


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