Company
AMP Limited
Headquarters: Sydney, NSW, Australia
Founded: 1849
Employees: 4,826
CEO: Ms. Alexis Ann George B.Com., F.C.A.
Market Cap
A$2.66 Billion
AUD as of Jan. 1, 2024
US$1.81 Billion
AMP Limited Categories
Australia Financials Asset ManagementAustralia Financials Australia Asset Management
Company Description
AMP Limited is a wealth management company operating in Australia and internationally. Tracing its origins to 1849, it provides financial advice and platform administration services, as well as retirement income and managed investment products to individuals. It also handles investments in infrastructure debt, infrastructure equity, real estate, equities, and stocks.
Top Competitors by Market Capitalization
Industry: Asset Management
| Company | Market Cap (USD) |
|---|---|
| Blackstone | $147.99 B |
| BlackRock | $116.92 B |
| KKR & Co. Inc. | $71.02 B |
| Brookfield Corporation | $60.42 B |
| The Bank of New York Mellon Corporation | $40.00 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
AMP Limited operates as a wealth management company in Australia and internationally. It operates through Australian wealth management (AWM), AMP Bank, AMP Capital, and New Zealand wealth management segments. The AWM segment provides advice, retirement income, and managed investments products, as well as offers superannuation, retirement, and investment solutions; wealth management solutions for retail and corporate; and financial advice and equity investments services. The AMP Bank segment provides residential mortgages, deposits, and transaction banking; and focuses on investing in technology. The AMP Capital segment offers real estate, equities, fixed interest, diversified, multi-manager, and multi-asset funds. The New Zealand wealth management segment provides wealth management solutions, such as KiwiSaver, corporate superannuation, retail investments, and operates wrap investment management platform. AMP Limited was founded in 1849 and is based in Sydney, Australia.
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Stocks & Indices
AMP Limited has the following listings and related stock indices.
Stock: ASX: AMP wb_incandescent
Stock: ASX: AMPPB wb_incandescent
Stock: NZX: AMP wb_incandescent
Product & Services
Financial services
Key People
Debra Hazelton, (Chair) Alexis George (CEO)
Financials
Net income: A$972 million (2015)
Total assets: A$110.4 billion (2015)