GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AMP Ltd (NZSE:AMP) » Definitions » FFO

AMP (NZSE:AMP) FFO


View and export this data going back to 1998. Start your Free Trial

What is AMP FFO?

FFO (Funds from operations) only applies to REITs.


AMP Business Description

Traded in Other Exchanges
Address
50 Bridge Street, Level 29, Sydney, NSW, AUS, 2000
At its roots, AMP is a wealth manager, providing financial advice via Australia's second-largest network of aligned financial advisors. It has a vertically integrated business model: AMP advisors can invest client funds into super funds and nonsuper investments manufactured by AMP through the firm's own platforms, though advisors are free to recommend non-AMP products and third party platforms to their clients. The firm also has a small wealth presence in New Zealand with about 68 advisors. In addition, AMP also has a retail banking business focused on deposit taking and residential mortgages.