In Australia, AMP is a leading provider of retail and corporate superannuation and retirement income products. It has a large and diverse portfolio of investments, and as of 31 December 2012 it had net assets under management/advice of $110.6 billion. Which of the following best describes AMP?
Select one:
A. an angel investor
B. a family investor
C. an institutional investor
D. a venture capitalist
AMP is an institutional investor, an institutional investor is an organization that invests money on behalf of other people. Broadely they are divided in six categories endowment funds, commercial banks, mutual funds, hedge funds, pension funds and insurance companies. there are fewer regulation on institutional investors. hedge fund, mutual fund & endowment funds are some example of institutional investor. they are considered big player in the market whose buying & selling behaviour affect the stock price of lot of shares.
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