AMP Limited

Type: Public
On the web: http://www.ampgroup.com
Employees: 3,500
Employee growth: 0.0%

AMP is on top -- down under. The company is one of Australia's largest life insurance and investment management groups. Nearly 2,000 representatives sell the company's insurance and financial products, which include life insurance, retirement products, financial planning and advice, superannuation products (professionally managed retirement investment funds), banking, and investment management. The company's AMP Financial Services (AFS) division serves individual and corporate clients throughout Australia and New Zealand; AMP Capital Investors provides investment management to AFS and to other individual and institutional investors.

Key numbers for fiscal year ending December, 2006:
Sales: $12,671.2M
One year growth: 27.7%
Net income: $721.4M
Income growth: 22.2%

Officers:
Chairman: Peter Mason
CFO: Paul Leaming
CIO: Lee Barnett

Competitors:
Australia and New Zealand Banking
AXA Asia Pacific
Commonwealth Bank of Australia

AMP Limited
Type	Public (ASX: AMP, NZX: AMP)
Founded	1849 as friendly society 1998 as public company
Headquarters	Sydney, Australia
Key people	Andrew Mohl (CEO)
Industry	Finance
Products	Financial services
Net income	AUD$915 million (2006)
Employees	3,500
Divisions	AMP Financial Services, AMP Capital Investors
Website	http://www.amp.com.au

AMP Limited is an Australian financial corporation. It operates primarily in Australia and New Zealand. AMP formed in 1849 as the Australian Mutual Provident Society, a non-profit friendly society. In 1998 it was demutualised and listed on the Australian and New Zealand stock exchanges. The company provides banking, life insurance, managed funds, superannuation and other investment products.

AMP has one of Australia’s largest shareholder registers, with most shareholders living in Australia and New Zealand. This is because when the society demutualised, all policy holders received shares in the new company. Its UK operation was the subject of a demerger in 2003, separating out Henderson Group plc. Currently the CEO is Andrew Mohl.

AMP is Australia's largest retail and corporate superannuation provider, and one of the region's most significant investment managers with more than A$122 billion in assets under management (as at 16 March 2007).

AMP has two major businesses that deliver products and services to our customers in Australia and New Zealand. They are called AMP Financial Services and AMP Capital Investors.

External links

• Company website
• AMP Capital Shopping Centres

S&P/ASX 50 companies of Australia

AGL Energy Limited · Alumina Limited · Amcor Limited · AMP Limited · Aristocrat Leisure Limited · Asciano Limited · ASX Limited · Australia and New Zealand Banking Group · AXA Asia Pacific Holdings Limited · BHP Billiton Limited · Bluescope Steel Limited · Brambles Industries Limited · Centro Properties Group · Coles Group Limited · Commonwealth Bank of Australia · CSL Limited · Fairfax Media Limited · Foster's Group Limited · Goodman Group · GPT Group · Insurance Australia Group Limited · Lend Lease Corporation Limited · Macquarie Airports · Macquarie Bank Limited · Macquarie Infrastructure Group · Mirvac Group · National Australia Bank Limited · Newcrest Mining Limited · News Corporation · Orica Limited · Origin Energy Limited · Publishing & Broadcasting Limited · Qantas Airways Limited · QBE Insurance Group Limited · Rio Tinto Limited · Santos Limited · St George Bank Limited · Stockland · Suncorp-Metway Limited · Tabcorp Holdings Limited · Telecom Corporation Of New Zealand Limited · Telstra (Installment Receipts) · Telstra Corporation Limited · Toll Holdings Limited · Transurban Group · Wesfarmers Limited · Westfield Group · Westpac Banking Corporation · Woodside Petroleum Limited · Woolworths Limited · Zinifex

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