Research house Lonsec has downgraded a $14 billion suite of managed funds on AMP’s flagship North platform, citing concerns about fees and staff turnover.
AMP Capital has had two multi-sector funds downgraded from neutral to negative by Morningstar, with the research house citing staff turnover as the reason for the downgrades.
Unresolved disruption : Morningstar downgrades AMP afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.