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AMP scandal expected to spark asset sell-off

Richard Newell
Revelations of malpractice by the Australian investment and pensions firm will reverberate across Asia, where it has a big base of clients and partners. The group is tipped to be split up.
AMP scandal expected to spark asset sell-off

Big institutional investors will be keen to acquire parts of AMP's business if, as expected, the Australian financial services group is broken up after a malpractice scandal has come to light at the firm, say industry observers.

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