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Image source: Getty Images AMP Ltd (ASX: AMP) shares have had a tough year. The Aussie wealth manager’s value has slumped 31.7% in 2021 to a market capitalisation of $3.5 billion. With the August reporting season kicking off next week, here are a few things to watch as an AMP investor. What to watch in August if you own AMP shares AMP is currently undergoing a significant period of change. The 2018 Financial Services Royal Commission, a number of scandals, and significant structural change have meant there’s a lot happening for the Aussie financial services group right now. One of the first things investors will be watching is AMP’s own half-year results update on 12 August. Earnings have been mixed in recent years and this August could provide some insight into AMP’s future strategy. AMP Capital has long been AMP’s most consistently profitable entity and a mooted private markets business spin-off means investors will be keeping an eye on performance.

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