AMP Limited

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AMP Limited

Type	Public (ASX:AMP, NZX: AMP)
Founded	1849 as friendly society 1998 as public company
Headquarters	Sydney, Australia
Key people	Craig Dunn (CEO)
Industry	Finance
Products	Financial services
Net income	▲AUD$915 million (2006)
Employees	3,500
Divisions	AMP Financial Services, AMP Capital Investors
Website	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, property, listed assets and infrastructure.

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 Craig Dunn.

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 its customers in Australia and New Zealand. They are called AMP Financial Services and AMP Capital Investors.