CANBERA (dpa-AFX) - AMP Limited (AMP.AX), an Australian wealth management and banking company, reported a 20% year-over-year increase in platform net cashflows to A$1.455 billion in the third quarter of 2026, from A$1.212 billion a year ago.
Net cashflows for North, AMP's wealth management and wrap platform, rose 10.8% to A$1.455 billion from A$1.313 billion in the prior-year quarter.
North closing assets under management (AUM) increased 9.5% to A$93.634 billion from A$85.537 billion, while North Managed Portfolios AUM climbed 23.9% to A$29.543 billion from A$23.840 billion.
Total AUM across the Australian and New Zealand wealth businesses was $168 billion, compared with $159.5 billion a year ago.
On the ASX, AMP shares closed flat at A$2.40 on Thursday.
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