AMP Limited

200px
Type	Public
Traded as	ASX: AMP NZX: AMP
Industry	Finance
Founded	1849 as friendly society 1998 as public company
Headquarters	Sydney, Australia
Key people	Craig Dunn (CEO)
Products	Financial services
Net income	A$739 million (2009)
Employees	6,000+
Divisions	AMP Financial Services, AMP Capital Investors, AXA Asia Pacific
Website	amp.com.au ampcapital.com

AMP Limited is a financial services company based in Australia. It operates primarily in Australia and New Zealand, with its subsidiary AMP Capital having a growing international presence with offices in Bahrain, China, Hong Kong, India, Japan, Luxembourg, Singapore, the United Kingdom and the United States.

AMP formed in 1849 as the Australian Mutual Provident Society, a non-profit life insurance company.

In 1998, it was demutualised and listed on the Australian and New Zealand stock exchanges. 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. The CEO is Craig Dunn.

Operations[link]

The company provides financial planning and advice, banking, life insurance, managed funds, superannuation, property, listed assets and infrastructure.

AMP is Australia's largest retail and corporate superannuation provider, and one of the region's most significant investment managers with more than A$124 billion ^[1] in assets under management.

AMP has two major businesses:

• AMP Financial Services provides financial planning advice, superannuation, retirement savings and income products, investments, risk insurance and selected banking products. These products and services are primarily distributed through a network of self-employed financial planners.

• AMP Capital is one of Asia Pacific's largest investment managers. Through a team of investment professionals across the world, it invests in equities, fixed interest, infrastructure, property, diversified funds and multi-manager funds. It is the top 10 global investment manager in infrastructure and top 25 in real estate.^[2].

AXA merger[link]

On 15 November 2010, AMP announced a bid to merge its business with AXA Asia Pacific Holdings. The transaction was a joint proposal with AXA SA under which AMP would acquire AXA's Australian and New Zealand business, and AXA SA would acquire AXA's Asian business.

The first day of the merged group operating together was 31 March 2011, with the companies to be gradually integrated and the AXA brand being phased out of the Australian and New Zealand market by 2013.

See also[link]

• AMP Capital
• AMP Building, Sydney
• AMP Building, Brisbane
• AMP building, Hobart
• AMP building, Perth
• AMP Building, Wellington

References[link]

External links[link]

• Official website

v t e S&P/ASX 50 companies of Australia AGL Energy AMP ANZ ASX Alumina Amcor Asciano BHP Billiton Brambles CFS Retail Property Trust CSL Coca-Cola Amatil Commonwealth Bank Computershare Crown Fortescue Metals Group Goodman GPT Iluka Resources Incitec Pivot Insurance Australia Group Leighton Holdings Lend Lease Macquarie Group Mirvac National Australia Bank Newcrest Mining News Corporation Oil Search Orica Origin Energy QBE Insurance QR National Qantas Rio Tinto Santos Sonic Healthcare Stockland Suncorp Sydney Airport Telstra Toll Transurban Wesfarmers Westfield Westfield Retail Trust Westpac Woodside Petroleum Woolworths WorleyParsons

v t e NZX 50 companies of New Zealand As at 20 February 2012 Air New Zealand AMP AMP NZ Office ANZ Argosy Property Trust Auckland International Airport Cavalier Chorus Contact Energy DNZ Property Fund Ebos Fisher & Paykel Appliances Fisher & Paykel Healthcare Fletcher Building Freightways Goodman Fielder Goodman Property Trust Guinness Peat Group Hallenstein Glasson Heartland New Zealand Infratil Kathmandu Kiwi Income Property Trust Mainfreight Michael Hill International New Zealand Oil & Gas New Zealand Refining Company Nuplex NZX OceanaGold PGG Wrightson Port of Tauranga Property For Industry Pumpkin Patch Rakon Restaurant Brands Ryman Healthcare Skellerup Skycity Entertainment Group Sky Network Television Steel & Tube Holdings Telecom New Zealand Telstra Tower TradeMe TrustPower Vector Vital Healthcare Property Trust The Warehouse Group Westpac Former NZX50 companies Abano Healthcare Group APN News & Media Lion Nathan Pike River Coal Tourism Holdings Limited