AMP Limited ASX Stock top 20-Learn CFDs

AMP Limited (AMP)

AMP Limited on the ASX Stock Exchange

Is it time to Buy, Sell or Hold AMP Limited Stocks?

AMP Limited is one of the largest wealth management companies with more than 3 million customers and over 3,000 employees throughout Australia and New Zealand. AMP Limited is also one of the largest investment managers with more than $129 billion in assets under management (as of 31 December 2007).

The biggest portion of AMP's business comes from their network of more than 2,000 qualifed financial planners. Another amazing statistic with AMP is that is has one of the largest shareholder registers, with more than 800,000 shareholders.

AMP Limited has two main business units:

AMP Financial Services and

AMP Capital Investors

AMP Financial Services provides financial planning advice, retirement savings, income protection, disability, general and life insurance and selected banking products like deposits and home loans. The products in this business unit are mainly distributed through a network of self-employed financial planners.

AMP Limited Quick Facts (as of 1 February 2009)

Managing Director/CEO: Mr Craig Dunne
Industry Group: Life & Health Insurance
Shares on issue: 1,992,891,288
Market Cap: $10,143,816,656
www.amp.com.au

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