Type of paper: Essay

Topic: Business, Banking, Finance, Company, Australia, Services, Products, Management

Pages: 2

Words: 550

Published: 2021/01/30

AMP limited

One of the leading financial service providers in Australia is AMP limited. The working region of AMP is Australia and New Zealand. Apart from AMP, the subsidiary of APM limited called as AMP capital operates in different countries across the globe. AMP limited have three business units working in the different field of business. AMP Financial Service is the first unit that specializes in financial planning advice, retirement planning and saving, superannuation, saving and income products, insurance, and some few banking services. AMP Capital is the second business unit that specializes in investment management. It looks after the investments done in shares and equities, bonds and debentures; other fixed income securities, infrastructure building, property management, multi-manager and diversified funds. The last business unit of AMP limited is AMP SMSF. AMP SMSF provides Self-Managed Superannuation Funds (SMSF) administration services to different entities like individuals, stockbrokers and traders, accountants and to financial analyst and advisers. In addition to this, AMP SMSF develops customized SMSF package and advices. This company had growing income and dividends as it was growing rapidly in the overseas market. Due to this fact, the company was highly preferred by the people.

Commonwealth Bank

With its operation extended in Australia, New Zealand, US, UK, Fiji and many countries of Asia, Commonwealth Bank is one of the biggest multinational bank of Australia listed on ASX. The total market capitalization of the bank is around $113 billion providing wholesale and retail banking. In addition to this, it also provides risk insurance, superannuation, and management of funds, investment banking, brokage service and underwriting services. With the net profits of $7 billion in 2013, this bank’s performance was above the industry average. The bank’s extended network, increasing profits and strong overseas presence with diversified products made the possibility of profitable investment in this bank for which the stock of this bank was chosen.

Tassal

Established in 1986, Tassal is the Australia’s largest salmon producer with a reputable history. This company is also the largest employer in Tasmania region, which turned out to be a public limited company in late 2003. ASX listed company produces different varieties of products like fresh fish, canned fish, smoked fish and many other salmon products for local and international markets. Tassal stood in the top 3 list of salmon companies for its fair and standard reporting in corporate, social and environmental sectors. The reason to select Tassal for the portfolio was its growing profit (net income of $33 million in 2013) as well as the diversification that it provides in the portfolio.

Coca-Cola Amatil

Coca-Cola Amatil is the largest producer of non-alcoholic beverage bottles in Australia. In addition to Australia, CCA operates in Fiji, Indonesia, PNG, Samoa, New Zealand. With the products like spring water, energy drinks, carbonated drinks, sports drink, tea, coffee, ice tea, juices and flavored milk, the company has maintained its broad product line. The profit of the company in last fiscal year was $79.9 million. The company has a well-experienced management team, and it can time the market well with its strategies and plans. The company’s operation in multiple countries increases its profit potential and due to this reason, the company was chosen for the portfolio.

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WePapers. (2021, January, 30) Portfolio Essays Example. Retrieved November 21, 2024, from https://www.wepapers.com/samples/portfolio-essays-example/
"Portfolio Essays Example." WePapers, 30 Jan. 2021, https://www.wepapers.com/samples/portfolio-essays-example/. Accessed 21 November 2024.
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WePapers. Portfolio Essays Example. [Internet]. January 2021. [Accessed November 21, 2024]. Available from: https://www.wepapers.com/samples/portfolio-essays-example/
"Portfolio Essays Example." WePapers, Jan 30, 2021. Accessed November 21, 2024. https://www.wepapers.com/samples/portfolio-essays-example/
WePapers. 2021. "Portfolio Essays Example." Free Essay Examples - WePapers.com. Retrieved November 21, 2024. (https://www.wepapers.com/samples/portfolio-essays-example/).
"Portfolio Essays Example," Free Essay Examples - WePapers.com, 30-Jan-2021. [Online]. Available: https://www.wepapers.com/samples/portfolio-essays-example/. [Accessed: 21-Nov-2024].
Portfolio Essays Example. Free Essay Examples - WePapers.com. https://www.wepapers.com/samples/portfolio-essays-example/. Published Jan 30, 2021. Accessed November 21, 2024.
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