AMP Limited (AMP.AX)
AMP Limited operates in the Asset Management industry of the Financial Services sector, headquartered in Sydney, NSW, AU. The stock last traded at $2.33, down 1.06% on the session, giving a market capitalisation of $5.68B. Its beta of 0.33 implies it has historically moved less than the broad market.
AMP Limited operates as a prominent wealth management enterprise, serving clients across Australia and internationally. The company's operations are divided into several key segments: Australian Wealth Management (AWM), AMP Bank, AMP Capital, and New Zealand Wealth Management. Within Australia, the AWM division delivers diverse financial services, including advisory, retirement income planning, and managed investment products, alongside superannuation, investment, and retirement solutions for both individual consumers and corporate entities; it also provides financial guidance and equity investment opportunities. AMP Bank primarily focuses on residential mortgages, deposit products, and transaction banking, with a strategic emphasis on technological advancements. Meanwhile, AMP Capital offers a broad spectrum of investment funds covering real estate, equities, fixed interest, and various diversified, multi-manager, and multi-asset strategies. In New Zealand, the wealth management segment provides comprehensive solutions such as KiwiSaver, corporate superannuation, and retail investment products, in addition to managing a sophisticated wrap investment platform. Founded in 1849, AMP Limited is based in Sydney, Australia.
AMP Limited is most often compared with the following Financial Services names: