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Market Impact: 0.2

Watchdog Fails AMP, Insignia Pension Products in Annual Test

Source: Bloomberg

Regulation & LegislationInvestor Sentiment & PositioningCompany Fundamentals

Australian regulator test: 12 investment products offered by pension funds failed the annual performance assessment, including options from AMP Ltd. and Insignia Financial. The development is a negative signal on product performance and compliance risk, likely to pressure investor sentiment and fund flows for the affected options.

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Market Sentiment

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mildly negative

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-0.35

Ticker Sentiment

IOOFF-0.45

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