AMP Limited (AMLTF)
AMP Limited operates in the Asset Management industry of the Financial Services sector, headquartered in Sydney, NSW, AU. The stock last traded at $1.30, up 0.00% on the session, giving a market capitalisation of $3.16B. On trailing twelve-month figures it carries a trailing P/E of 34.94, a net margin of 7.5%. Its beta of 0.37 implies it has historically moved less than the broad market.
AMP Limited is a global wealth management firm with operations primarily in Australia and New Zealand. Its business is structured across four main divisions: Australian Wealth Management (AWM), AMP Bank, AMP Capital, and New Zealand Wealth Management. The Australian Wealth Management (AWM) division offers a broad range of services, encompassing financial advice, retirement income products, and managed investments. It also provides superannuation, various investment and retirement solutions, and comprehensive wealth management for retail and corporate clients, as well as equity investment services. AMP Bank offers core banking services such as residential mortgages, deposit accounts, and transactional banking, with a strategic emphasis on technological advancements. AMP Capital manages a diverse portfolio of funds, spanning real estate, equities, fixed interest, and various diversified, multi-manager, and multi-asset strategies. The New Zealand Wealth Management segment delivers bespoke wealth solutions, including KiwiSaver, corporate superannuation schemes, retail investment products, and an integrated wrap investment management platform. Established in 1849, AMP Limited is headquartered in Sydney, Australia.
AMP Limited is most often compared with the following Financial Services names: