Investing Australia’s top 3 investment companies

Australia’s top 3 investment companies

-

The Australian financial sector has a rather strong history when it comes to the rise and fall of investment companies. While it pales in comparison to the likes of Wall Street and London, deregulation of Australia’s financial sector, starting way back in the 1980s, has allowed for the growth of competition and business innovation. Here is our list of Australia’s best investment companies.

#1 AMP Capital

AMP Capital’s major shareholder is AMP Group, which remains one of Australia’s largest retail groups. AMP Group was founded in 1849, while its investment branch, AMP Capital, is headquartered in Sydney, Australia. However, they have a growing international presence in Singapore, Japan, China, the United States, the United Kingdom, Dubai and India.

#2 Great Southern Group

While the Great Southern Group did go into voluntary administration in 2009, it was one of Australia’s most successful investment companies for a while. The company was founded by John Young in 1987, and the company was so successful that it went public in 1999.

The GFC in 2008 hit the Great Southern Group hard, having peaked in 2006 with an after-tax profit of $132 million AU. However, worsening economic conditions and restrictive regulatory changes forced the group into administration. The ongoing debate arose following the Great Southern Group’s collapse, primarily because of the corporation’s taxation treatment. They also courted controversy when the group gave funds to the Labor opposition in the lead up to the federal election in 2007, which Kevin Rudd and the Labor Party subsequently won.

#3 Archer Capital

Coming in at number 3 on our list is Archer Capital – a private equity firm based in Sydney. They were founded in 1996 and have invested across a variety of sectors. They own or co-own several large Australian and New Zealand companies, including the Supercars Championship. Previously, the company had sizeable investments in Rebel Sport, MYOB and Australian Geographic.

Owen Caire
Owen Caire
Owen Caire is the national market reporter for Quilter. Since joining Quilter in November 2019, he has covered investment; the government shutdown; and the administration's economic responses to any market issues, among other topics.

Latest news

Top 3 best Australian inventions of the last century

Australia has produced some of the scientific world’s best thinkers, researchers and inventors. Some of the following items on...

Everything you need to know about media streaming service – Stan

With the rise of streaming platforms and decentralised media consumption, it’s easy to see why streaming conglomerates like Netflix...

3 Australian scientific research projects that irrevocably changed society

Throughout scientific history, Australian researchers have demonstrated their worth to the field. Whether it be the creation of penicillin...

From riches to rags: worst investment scandals in Australia and abroad

A comprehensive history of the financial world would reveal that financial scandals, crashes and booms are simply a part...

4 vital career lessons you need to know before it’s too late

Some people learn these lessons too late in their careers. Your formative professional years are crucial to generating long-term...

The story behind “high-rise Harry”

Harry Triguboff, known colloquially to the Australian public as “high-rise Harry”, is an Australian real estate developer who has...

Must read

Top 3 best Australian inventions of the last century

Australia has produced some of the scientific world’s best...

Everything you need to know about media streaming service – Stan

With the rise of streaming platforms and decentralised media...

You might also likeRELATED
Recommended to you