AMP Limited (AMP)Add Company to My Stocks
- Current price: $6.56
- Website: www.amp.com.au
AMP is Australia’s largest retail and corporate superannuation provider and one of Australia’s largest fund managers. After demutualising and listing in 1998, an aggressive expansionist strategy was followed by a (somewhat predictable) bout in the corporate emergency ward in 2003. The company seems to have recovered well from those dark days, though returns to float investors have been disappointing.