Feb 13 (Reuters) - Australian wealth manager AMP Ltd AMP.AX on Thursday posted an annual loss, hurt by an exodus of clients following revelations of widespread misconduct.
Net statutory loss for the year ended Dec. 31 was A$2.47 billion ($1.66 billion), compared with a profit of A$28 million a year earlier.
AMP's flagship wealth-management unit reported net cash outflows of A$6.3 billion for 2019, compared with A$4 billion a year earlier.
($1 = 1.4850 Australian dollars)