Perpetual Limited (Perpetual)
|
|
- Ella Alyson Hunt
- 6 years ago
- Views:
Transcription
1 Perpetual Limited (Perpetual) David Deverall Chief Executive Officer Investor Presentation - GSJB Were London Thursday 8 February 2007
2 Perpetual is an ASX 100 company and the largest independent wealth manager in Australia 120 years of history Market capitalisation ~ A$3.2 billion Top performing manager in Australian equities As at A$36.8 billion in funds under management (31 December 2006) A$178.6 billion in Corporate Trust funds under administration A$6.6 billion in Perpetual Private Client funds under administration A$394 million in revenue in
3 Perpetual: Key messages Perpetual is an Australian financial services company actively participating in the wealth management and securitisation sectors Well positioned for continued growth The Australian wealth management and securitisation markets have strong fundamentals Growth strategy delivering benefits An attractive investment for exposure in the Australian wealth management industry 2
4 Perpetual actively participates in two industries David Deverall Office of the Chief Executive Officer and Managing Director Wealth Management Corporate Trust Asset Management Emilio Gonzalez Chief Investment Officer Wealth Management Gerard Doherty Group Executive Corporate Trust Phil Vernon Group Executive Perpetual Investments (including PI Investment Management) Perpetual Private Clients John Nesbitt Chief Financial Officer Ivan Hoyman Chief Risk Officer 3
5 In Wealth Management we focus on the valueadd ends of the value chain Our focus Asset managers who can continue to add alpha will be able to differentiate themselves from competitors and charge a premium New product development supports manufacturing capabilities Perpetual Investments Consolidated reporting by administrators likely to become commoditised as product differentiation is more difficult Advisers can craft value a proposition around the provision of tailored financial advice Perpetual Private Clients 4
6 Our Corporate Trust business provides services between corporates and investors Investor Protection Originators of capital markets activity Banks Compliance culture Investors and stakeholders Institutional investors Non-bank financial institutions Corporates Fund managers Fiduciary services Administrative services Retail debenture holders Fund unit holders Industry regulators 5
7 Operating profit before tax (1) up 15 per cent 2006 A$M 2005 A$M Change % Wealth Management Corporate Trust Group and support services (10.6) (6.1) 74 Total operating profit before tax (PBT) PBT margin 47% 46% - (1) Excludes significant items and net establishment costs for our new global equities business in Ireland 6
8 Track record of consistently increasing earnings Operating profit after tax up 13 per cent $M % $M EBITDA up 20 per cent 20%
9 Ordinary dividend per share up 25 per cent Cents (Australian dollars) Special Ordinary Dividend policy: 90 per cent of operating profit after tax* * Before equity remuneration expense 8
10 A strong balance sheet 2006 A$ 2005 A$ Change Cash holdings Investments at market value Liquid assets Net assets % Key financial ratios Gross debt (1) to book equity 13.6% 16.7% Interest coverage (EBITDA) (2) times Franking credits (before dividends) $53.2m $51.2m (1) Excludes structured investment liabilities (2) Excluding investment sales 9
11 Perpetual Key messages Perpetual is an Australian financial services company actively participating in the wealth management and securitisation sectors Well positioned for continued growth The Australian wealth management and securitisation markets have strong fundamentals Growth strategy delivering benefits An attractive investment for exposure in the Australian wealth management industry 10
12 Wealth Management - continued healthy asset growth A$B Perpetual Investments Funds under management up 23 per cent in Perpetual Private Clients Funds under advice, administration and trust up 14 per cent in 2006 A$B Dec
13 Good performance, strong markets and strong net inflows increased FUM by 23 per cent Funds under management A$B Net inflows A$B Other (1) A$B A$B Retail 7.5 (0.1) Intermediary (masterfund and wrap) Institutional All channels Australian equities Cash and fixed Interest Global equities (1) Includes reinvestments, distributions, income and asset growth (2) Includes 100 per cent of Perpetual James Fielding Limited funds under management 0.4 (2) Other All asset classes
14 Strong Corporate Trust volumes driven by residential mortgage backed securities (RMBS) Corporate Trust Funds Under Administration A$B Up 24 per cent in CMBS and ABS RMBS - non bank 50 RMBS - bank RMBS FUA A$140 billion 0 Jun 03 Jun 04 Jun 05 Jun 06 Composition of FUA CMBS & ABS (1) 27% 22% 22% 22% RMBS - non bank 40% 41% 36% 36% RMBS - bank 33% 37% 42% 42% (1) Commercial Mortgage Backed Securities (CMBS) and Asset Backed Securities (ABS) 13
15 Favourable operating environment Australia s managed funds market is forecast to continue growing at 10 per cent per annum Government legislation focused on addressing the retirement savings gap Future Fund Removal of tax on superannuation lump sum and annuity payouts Replacement of Reasonable Benefit Limits (RBL) with contribution caps Investors are willing to pay for skill Good fundamentals in the Australian securitisation market 14
16 Perpetual Key messages Perpetual is an Australian financial services company actively participating in the wealth management and securitisation sectors Well positioned for continued growth The Australian wealth management and securitisation markets have strong fundamentals Growth strategy delivering benefits An attractive investment for exposure in the Australian wealth management industry 15
17 The Australian financial services industry is large and diverse 100% Estimated 2005 revenue (A$B) 80 Retail Other 60 Mortgages Retail Personal 40 Commercial Lending ILS 20 0 Business Credit Cards Other Personal Total Deposits Personal Lending Commercial Lending IP Wholesale Commercial Group Wealth Risk GI A$20B A$16B A$12B A$16B A$5B A$9B Total = A$76B 16
18 The Australian Wealth Management industry is attractive with a high rate of underlying asset growth due to government mandated superannuation savings Total FUM CAGR: A$1,801B % A$1,230B 31% 561 Global assets International equities International fixed income CAGR: % 100% = A$719B 24% % ,240 Domestic assets Australian equities Australian fixed income Property Cash Other CAGR: % (Mar) 2010F Source: Rainmaker 17
19 The Australian securitisation market has good underlying fundamentals Other asset backed securities Mortgage backed securities $218B (CAGR %) Supply is increasing Currently only ~25 per cent of Australia s residential loans are securitised (as opposed to ~60 per cent in the US) Banks are increasingly using securitisation as a funding vehicle with ~45 per cent increase in securitised loans issued as compared to 2005 Banks made up ~70 per cent of total issuance in 2006, as opposed to ~50-60 per cent in 2004 & 2005 Growth in issuance by Non Bank financial institutions has stalled Offshore demand for Australian backed residential mortgages Jun 96 Jun 97 Jun 98 Jun 99 Jun 00 Jun 01 Jun 02 Jun 03 Jun 04 Jun 05 Jun-06 Source: Reserve Bank of Australia 18
20 Perpetual Key messages Perpetual is an Australian financial services company actively participating in the wealth management and securitisation sectors Well positioned for continued growth The Australian wealth management and securitisation markets have strong fundamentals Growth strategy delivering benefits An attractive investment for exposure in the Australian wealth management industry 19
21 Our corporate strategy Focus on our 4 sources of competitive advantage Funds management teams and processes Relationship with financial planners Trusted brand Fiduciary services I. Develop a more balanced portfolio II. Develop new growth engines III. Fully engage our people to deliver our strategy 20
22 Expanding our asset management footprint Skill set Domestic stock picking High breadth Broad Styles Small caps Mortgage lending Mortgages Mezz debt LPT stock picking Global Domestic Hedge funds Private equity Low breadth Infrastructure investing Quantitative investing Global Domestic Infrastructure Hedge funds Currency/ TAA Credit investing Global Domestic Hybrids Global stock picking Global thematic Direct Property lnvesting Duration management Broad Styles Remaining 50 per cent share in Perpetual Long short James Fielding purchased equities fund Skills we currently possess launched Hedge funds Hedge funds Direct property Emerging markets Broad Direct property team commenced Vanilla bonds 21
23 Outstanding growth in new credit capability Funds have outperformed benchmark every month to date resulting in strong FUM growth FUM A$B Dec 04 Jun 05 Dec 05 Jun 06 Focus on the credit enhanced product New higher margin products Exact Market Cash Fund Diversified Income Fund A$1.9 billion net inflows during the year Over A$500 million received in July 2006, including A$400 million into the Exact Market Cash Fund 22
24 Global equities Key strategic building block Encouraging early signs Asset management team now in place with full complement of asset managers on board Solid investment performance in second half of 2006 Full year net establishment costs of A$9.1 million after tax in 2006 down from A$20.5 million after tax in 2005 Outlook Excellent long term prospects Initial sales focus on Australia, Ireland, UK and US markets Continue to focus on delivering superior performance Building credibility with global asset consultants 23
25 Other Perpetual initiatives Develop a more balanced portfolio and new growth engines Focus on Perpetual Private Clients through greater sales and marketing focus: Integrated delivery Expanded sales team New QI Long Short Fund launched in September 2005 and has attracted A$650 million in commitments to date Diversified infrastructure fund reopened for second raising in July 2006 Established structured products team Expansion of mortgage variations business within Corporate Trust 24
26 Our strategy is delivering Significant growth in Perpetual Private Clients Inflows into new managed funds (credit enhanced, quantitative investments, property securities, infrastructure, structured) Global equities early days, performance improving New Corporate Trust business in mortgage variations Improved people engagement up 10 per cent from two years ago 25
27 Perpetual Key messages Perpetual is an Australian financial services company actively participating in the wealth management and securitisation sectors Well positioned for continued growth The Australian wealth management and securitisation markets have strong fundamentals Growth strategy delivering benefits An attractive investment for exposure in the Australian wealth management industry 26
28 Favourable operating environment Australia s managed funds market is forecast to continue growing at 10 per cent per annum Government legislation focused on addressing the retirement savings gap Future Fund Removal of tax on superannuation lump sum and annuity payouts Replacement of Reasonable Benefit Limits (RBL) with contribution caps Investors are willing to pay for skill Good fundamentals in the Australian securitisation market 27
29 Our strategy is delivering Significant growth in Perpetual Private Clients Inflows into new managed funds (credit enhanced, quantitative investments, property securities, infrastructure, structured) Global equities early days, foundation setting New Corporate Trust business in mortgage variations Improved people engagement up 10% from two years ago 28
30 Perpetual Forecast profit guidance for the 2007 first half We forecast a 10 per cent increase in operating profit after tax (OPAT) for the first half of the current year over last year s adjusted first half OPAT of $58.2 million. OPAT for the first half of last year was $63.5 million which excluded $5.3 million in losses associated with our global equities business. The inclusion of global equities within last year s result reduces prior period OPAT to $58.2 million. Current year and future years OPAT will contain the results of our global equities business. The forecast is subject to fluctuations in equity markets, particularly in Australia. 29
31 Perpetual Key messages Good result in a period of significant activity Strategic initiatives producing tangible outcomes More diversified portfolio of businesses Better opportunities for growth Improved environment for the team Well positioned for continued growth and more resilient for what the future holds 30
Perpetual Limited ( Perpetual )
Perpetual Limited ( Perpetual ) David Deverall, CEO Perpetual Limited Investor Presentation London September 2006 Perpetual is an ASX 100 company and the largest independent wealth manager in Australia
More informationPerpetual Trustees Australia Limited. ( Perpetual )
Perpetual Trustees Australia Limited ( Perpetual ) David Deverall, Chief Executive Officer Perpetual Trustees Australia Limited Investor Presentation, Goldman Sachs JBWere 24 June 2005 Perpetual: Key messages
More informationPerpetual Trustees Australia Limited ( Perpetual )
Perpetual Trustees Australia Limited ( Perpetual ) Perpetual: Key messages Australian financial services company participating actively in wealth management and securitisation The Australian wealth management
More information2007 Full Year Results. Analyst and institutional shareholder briefing 22 August 2007
2007 Full Year Results Analyst and institutional shareholder briefing 22 August 2007 Agenda Group highlights David Deverall Financial results John Nesbitt Outlook David Deverall 1 Agenda Group highlights
More informationPerpetual Trustees Australia Limited ( Perpetual ) November Presentation to Macquarie Equities
Perpetual Trustees Australia Limited ( Perpetual ) November 2004 Presentation to Macquarie Equities Content Business and Financial Overview Business operations Wealth Management Business operations Corporate
More information2008 Full Year Results. Market briefing 20 August 2008
2008 Full Year Results Market briefing 20 August 2008 Agenda Group summary David Deverall Financial results Roger Burrows Strategy and outlook David Deverall 1 Agenda Group summary David Deverall Financial
More informationBusiness operations and strategy briefing
Business operations and strategy briefing Institutional shareholders and analysts 7 December 2006 David Deverall Chief Executive Officer and Managing Director 1 Schedule 10:00 David Deverall Chief Executive
More information2009 Half Year Results. Analyst and shareholder briefing 18 February 2009
2009 Half Year Results Analyst and shareholder briefing 18 February 2009 Agenda Group highlights David Deverall Financial results Roger Burrows Outlook David Deverall 1 Agenda Group highlights David Deverall
More informationUBS FINANCIAL SERVICES CONFERENCE Business Update
UBS FINANCIAL SERVICES CONFERENCE Business Update Radisson Hotel Sydney 20 June 2007 John Nesbitt Chief Financial Officer Perpetual Limited 1 Slide #0: UBS Financial Services Conference Introduction Thanks
More informationUBS Financial Services Conference Sydney 25 June Roger Burrows Chief Financial Officer Perpetual Limited
UBS Financial Services Conference Sydney 25 June 2008 Roger Burrows Chief Financial Officer Perpetual Limited Perpetual is one of Australia s largest independent wealth managers More than 120 years of
More informationInvestment and Insurance Services Division 19 October 2004
Investor Half Day Investment and Insurance Services Division 19 October 2004 Disclaimer The material that follows is a presentation of general background information about the Bank s activities current
More informationMorgan Stanley Asia Pacific Summit
Morgan Stanley Asia Pacific Summit Commonwealth Bank Stuart Grimshaw Group Executive Investment and Insurance Services Division 2 November 2004 Disclaimer The material that follows is a presentation of
More informationFY18 RESULTS PERPETUAL LIMITED. Twelve months to 30 June Chris Green Interim Chief Executive Officer. Gillian Larkins Chief Financial Officer
30 August 2018 PERPETUAL LIMITED RESULTS Twelve months to 30 June 2018 Chris Green Interim Chief Executive Officer Gillian Larkins Chief Financial Officer ABN 86 000 431 827 CHRIS GREEN INTERIM CHIEF EXECUTIVE
More informationPERPETUAL LIMITED 1H17 RESULTS SIX MONTHS TO 31 DECEMBER Geoff Lloyd Chief Executive Officer & Managing Director
23 February 2017 PERPETUAL LIMITED RESULTS SIX MONTHS TO 31 DECEMBER 2016 Geoff Lloyd Chief Executive Officer & Managing Director Gillian Larkins Chief Financial Officer ABN 86 000 431 827 Continued execution
More informationFor personal use only
16 February 2012 Manager Company Announcements Office Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000 Manager Market Information Services Section New Zealand Stock Exchange Level
More informationCritical Success Drivers
Critical Success Drivers Commonwealth Bank Stuart Grimshaw Group Executive, Investment and Insurance Services 23 June 2004 www.commbank.com.au 1 Disclaimer The material that follows is a presentation of
More informationFor personal use only
Perpetual Limited results: six months to 31 December 2014 Geoff Lloyd CEO & Managing Director Gillian Larkins Chief Financial Officer 26 February 2015 ABN 86 000 431 827 OVERVIEW Strategy delivering sustained
More informationCommonwealth Bank of Australia
Commonwealth Bank of Australia Investor presentations Wealth Management Grahame Petersen GROUP EXECUTIVE 16 th and 17 th November, 2010 Business overview Business Major Product Segments Brands Size 1 Performance
More informationBT Financial Group. David Clarke CEO BT Financial Group. 29 July 2004
BT Financial Group David Clarke CEO BT Financial Group 29 July 2004 BTFG significant progress over the year A single, modern, wealth management company Well balanced, diversified business mix Performing
More informationInvestor presentation
FY17 INVESTOR PRESENTATION 1 18 August 2017 Investor presentation FY17 Agenda FY17 INVESTOR PRESENTATION 1. Overview & strategic landscape Melos Sulicich CEO & Managing Director 2. Financial results David
More informationMyState Limited A Growing Banking & Wealth Management Group
ASX Code: MYS December 20 MyState Limited A Growing Banking & Wealth Management Group Melos Sulicich Managing Director & CEO UBS Australian Small Caps Conference Our core businesses Customers 240,000 Branch
More informationSuncorp Group Limited ABN
Suncorp Group Limited ABN 66 145 290 124 Financial results for the full year ended 30 June 2013 Basis of preparation Suncorp Group ( Group, the Group or Suncorp ) is represented by Suncorp Group Limited
More informationOnePath Australian Shares
OnePath Australian Shares Fund overview OnePath Australian Shares gives you access to a diverse portfolio of shares in companies listed on the Australian Securities Exchange (ASX). About the manager UBS
More informationAMP driving value and growth. Andrew Mohl Chief Executive Officer
AMP driving value and growth Andrew Mohl Chief Executive Officer Outline AMP today 1H 04 financial results Summary Overview Outlook - 2H 2004 and 2005 Strategic focus Industry landscape AMP s competitive
More informationInvestor Roadshow Materials
ASX Announcement 9 March 2009 Manager Company Announcements Office Australian Stock Exchange Level 4, 20 Bridge Street Sydney NSW 2000 Manager Market Information Services Section New Zealand Stock Exchange
More informationBanking and Financial Services Peter Maher, Group Head
Banking and Financial Services Peter Maher, Group Head Macquarie Group Limited Operational Briefing - 9 Feb 2010 Presentation to Investors and Analysts Banking and Financial Services (BFS) Offer integrated
More informationFor personal use only
ASX/Media Release 19 July 2011 NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, CANADA OR JAPAN BT Investment Management Limited announces the acquisition of J O Hambro Capital Management for
More informationBT Investment Management Limited
BT Investment Management Limited Annual General Meeting Friday 7 December 2012 Board of Directors Carolyn Hewson James Evans Emilio Gonzalez CEO Brian Scullin Chairman Brad Cooper Andrew Fay 2 Senior Management
More informationCommonwealth Bank. Investment and Insurance Services. Stuart Grimshaw Group Executive, Investment and Insurance Services 28 April 2004
Commonwealth Bank Investment and Insurance Services Stuart Grimshaw Group Executive, Investment and Insurance Services 28 April 2004 www.commbank.com.au 1 Disclaimer The material that follows is a presentation
More information1H10 Half Year Financial Results
1H10 Half Year Financial Results Strategy aligned to structural trends Dominic Stevens Chief Executive Officer 22 February 2010 Strong financial performance Financial performance Normalised NPAT of $116m
More informationFor personal use only
10 August 2017 Manager ASX Market Announcements Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000 Client and Market Services Team NZX Limited Level 1, NZX Centre, 11 Cable Street
More informationASX Release. 24 April 2018
ASX Release 24 April 2018 Westpac 2018 Interim Financial Results Template The Westpac has today released the template for its 2018 Interim Financial Results. It outlines the changes that will be made in
More informationInvestec The Investment Case. UBS Conference October 2011 Stephen Koseff
Investec The Investment Case UBS Conference October 2011 Stephen Koseff 1 Strategic positioning 2 Mission statement We strive to be a distinctive specialist bank and asset manager driven by commitment
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION FULL YEAR FY2018 17 August 2018 AGENDA FY18 INVESTOR PRESENTATION 1. Highlights & strategy Melos Sulicich Managing Director & CEO 2. Financial results David Harradine Chief Financial
More informationHalf year financial results
8 August 2018 Manager ASX Market Announcements Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000 Client and Market Services Team NZX Limited Level 1, NZX Centre, 11 Cable Street
More informationProfit Announcement For the full year ended 30 June 2013
Profit Announcement For the full year ended 30 June 2013 COMMONWEALTH BANK OF AUSTRALIA ACN 123 123 124 14 AUGUST 2013 FIND OUT MORE VIA OUR APP ASX Appendix 4E Results for announcement to the market (1)
More informationFor personal use only. Suncorp Group Limited ABN Analyst Pack
Suncorp Group Limited ABN 66 145 290 124 Analyst Pack for the full year ended 30 June 2014 Basis of preparation Suncorp Group ( Group, the Group or Suncorp ) is represented by Suncorp Group Limited (SGL)
More informationHalf Year Financial Results
10 August 2017 Manager ASX Market Announcements Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000 Client and Market Services Team NZX Limited Level 1, NZX Centre, 11 Cable Street
More informationWestpac Group 2014 Full Year Results Announcement Template
ASX RELEASE 30 October 2014 Group 2014 Results Announcement Template The Group has today released the template for its 2014 Results Announcement. This release provides: Details of additional cash earnings
More informationPresentation of Half Year Results 13 February
Presentation of Half Year Results 13 February 2001 www.commbank.com.au Disclaimer The material that follows is a presentation of general background information about the Bank s activities current at the
More informationFull Year Results Centrepoint Alliance Limited
Full Year Results Centrepoint Alliance Limited 30 June 2016 ASX:CAF Our competitive advantage Centrepoint Alliance is uniquely positioned as a leader in Australia s contemporary financial advice industry
More informationAMP helping people own tomorrow
AMP helping people own tomorrow Notes 1. Adviser numbers: ASIC Financial Adviser Register, June 2018. 2. All data relates to 1H 18. 2 Section 1, AMP 2018 half year results Executive summary Business performance
More information2018 Half Year Results Six months to 31 March 2018
2018 Half Year Results Six months to 31 March 2018 Emilio Gonzalez CFA, Group Chief Executive Officer Cameron Williamson CA, Group Chief Financial Officer 10 May 2018 Welcome to Pendal Group s Interim
More informationPresentation of Full Year Results for period ended 30 June 2004
Presentation of Full Year Results for period ended 30 June 2004 David Murray Chief Executive Officer Michael Cameron Chief Financial Officer 11 August 2004 www.commbank.com.au Disclaimer The material that
More informationLong-term strategy delivers continuing customer satisfaction and profit growth
Long-term strategy delivers continuing customer satisfaction and profit growth Highlights of 2015 Result Statutory net profit after tax (NPAT) of $9,063 million up 5 per cent on prior year (1) (2) ; Cash
More informationTABLE OF CONTENTS Interim Profit Announcement 2005
Profit Announcement For the six months ended 3 March 2005 This interim profit announcement has been prepared for distribution in the United States of America TABLE OF CONTENTS Interim Profit Announcement
More informationASX Media Release. For the Half Year ended 31 December 2009
ASX Media Release For the Half Year ended 31 December 2009 COMMONWEALTH BANK OF AUSTRALIA PROFIT ANNOUNCEMENT FOR HALF YEAR ENDED 31 DECEMBER 2009 Sydney 29 January 2010: The Commonwealth Bank of Australia
More informationFor personal use only
18 August 2016 Manager ASX Market Announcements Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000 Client and Market Services Team NZX Limited Level 1, NZX Centre, 11 Cable Street
More informationFull Year Financial Results
8 February 08 Manager ASX Market Announcements Australian Securities Exchange Level 4, 0 Bridge Street Sydney NSW 000 Client and Market Services Team NZX Limited Level, NZX Centre, Cable Street PO Box
More informationOM Asset Management Business Review 2016
OM Asset Business Review 2016 2 Business review Institutional Asset Peter Bain Chief Executive Officer OM Asset (OMAM) We are an institutionally driven, active investment management business delivered
More information8 August 2018 AMP reports 1H 18 results
8 August 08 AMP reports H 8 results H 8 underlying profit of A$495 million (H 7: A$533 million) and net profit of A$5 million (H 7: A$445 million). Net profit reflects advice remediation provision announced
More informationANNUAL REPORT Delivering Investment Strategies Globally. Annual Report 2015
ANNUAL REPORT 2015 C Delivering Investment Strategies Globally Annual Report 2015 D BT INVESTMENT MANAGEMENT USA $ billion 16.2 21.4 27.6 2013 2014 2015 FUM MANAGED FOR CLIENTS IN UK & Europe UK & Europe
More information2007 Final Results. David Morgan Chief Executive Officer. A strong, high quality result
27 Final Results David Morgan Chief Executive Officer 1 November 27 A strong, high quality result Strong earnings growth and a higher return on equity High quality revenue led performance Enhanced franchise
More informationRetirement income trends accelerating
Retirement income trends accelerating Citi Annual Australian Investment Conference - Sydney Dominic Stevens Chief Executive Officer 26 October 2010 2 Introduction Record retail sales for Challenger Annuity
More informationFULL YEAR RESULT DEMONSTRATES STRONG BUSINESS MOMENTUM
FULL YEAR RESULT DEMONSTRATES STRONG BUSINESS MOMENTUM Group assets under management $81 billion, up 16% Record normalised net profit before tax 1 $547 million, up 8% Record normalised net profit after
More informationFUA. For personal use only INVESTOR PRESENTATION. $5b $4b. $3b 7 months $2b 11 months $1b 27 months $100m June 12
FUA INVESTOR PRESENTATION UBS - Emerging Companies Conference Series: Fintechs 30 May 2017 $5b $4b May 17 5 months 7 months $3b 7 months $2b 11 months $1b 27 months $100m June 12 2 Overview 4 7 13 19 20
More information1H15 Financial results Capitalising on the retirement income revolution. 17 February 2015
1H15 Financial results Capitalising on the retirement income revolution 17 February 2015 Outline Operating performance Brian Benari Managing Director & CEO Financial results Capital management Strategy
More informationProfit Announcement. For the six months ended 31 March 2007
Profit Announcement For the six months ended 3 March 2007 Incorporating the requirements of Appendix 4D This interim profit announcement has been prepared for distribution in the United States of America
More informationAMP Capital Corporate Bond Fund
AMP Capital Corporate Bond Fund Dated: 24 February 2011 Issued by AMP Capital Investors Limited ABN 59 001 777 591 AFSL 232497 Product Disclosure Statement For investments through a master trust or wrap
More information1H12 Results Investor Presentation
1H12 Results Investor Presentation 27 February 2012 SFG Australia Limited is a company listed on the Australian Securities Exchange; ASX Code SFW. It was formerly known as Snowball Group Limited. Important
More information2002 Interim Results. David Morgan, Chief Executive Officer Philip Chronican, Chief Financial Officer. 2 May 2002
David Morgan, Chief Executive Officer Philip Chronican, Chief Financial Officer 2 May 2002 Another record result $m 1,100 900 700 500 701 Net Profit After Tax & EPS CAGR 755 1H99 1H02 EPS 14% NPAT 13%
More informationYear-end results. 18 May
Year-end results 18 May Highlights for the year Strong operational performance Good performance across all areas of activity Deepened our core franchise Sound levels of corporate client and private client
More informationJP Morgan Australasian Conference Edinburgh
JP Morgan Australasian Conference Edinburgh Ralph Norris CHIEF EXECUTIVE OFFICER 18 September 2008 Commonwealth Bank of Australia ACN 123 123 124 Disclaimer The material that follows is a presentation
More informationInvestor Presentation
Determined to be better than we ve ever been. Ralph Norris CHIEF EXECUTIVE OFFICER Investor Presentation 16 November 2010 Commonwealth Bank of Australia ACN 123 123 124 Disclaimer The material that follows
More informationDated 28 July Issuer: Macquarie Investment Management Limited ABN AFS Licence Number
MACQUARIE FUNDS GROUP WHOLESALE POOLED FUNDS - CASH AND FIXED income Information memorandum Dated 28 July 2009 Issuer: Macquarie Investment Management Limited ABN 66 002 867 003 AFS Licence Number 237492
More informationGlobal Operating Review
Global Operating Review Funds Under Management In the 2017 Financial Year, the Group s FUM increased by $11.8 billion, or 14 percent, resulting in closing FUM increasing to $95.8 billion. Growth was delivered
More informationMacquarie Australian Fixed Interest Fund
Product Disclosure Statement 22 September 207 of 8 Macquarie Australian Fixed Interest Fund Product Disclosure Statement 22 September 207 Contents. About Macquarie Investment Management Australia Limited
More information1H12 Financial Results
1H12 Financial Results Building on a strong retirement income platform Brian Benari Chief Executive Officer 20 February 2012 Challenger Group Sustainable financial metrics Performance Normalised NPAT of
More informationResults presentation. For the year ended 31 March 2014
Results presentation For the year ended 31 March 214 The year in review 2 Improving operating environment Results impacted by strength of sterling against other operating currencies Equity markets Interest
More informationWestpac 2008 Full year results
Westpac 2008 Full year results 30 October 2008 Westpac 2008 Full year results Gail Kelly Chief Executive Officer Key messages Performed well in a challenging environment, delivering a robust financial
More informationAXA Asia Pacific Holdings Limited
Kevin Keenan Company Secretary Phone: 61 3 8688 3978 Fax: 61 3 9614 5298 18 November 2009 Australian Securities Exchange Company Announcements Office 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam AXA
More informationPinnacle Investment Management Group Limited (ASX:PNI) FY2017 financial highlights
29 August 2017 By Electronic Lodgement Level 35, 60 Margaret Street Sydney, NSW 2000 PO Box R1313 Royal Exchange NSW 1225 www.pinnacleinvestment.com.au The Manager Company Announcements Office ASX Ltd
More informationFor personal use only
HUNTER HALL INTERNATIONAL LIMITED ABN 43 059 300 426 25 November 2015 Market Announcements Office ASX Limited Level 5, 20 Bridge Street Sydney NSW 2000 2015 ANNUAL GENERAL MEETING Chairman s Address and
More informationDelivering on our Commitments Today and Tomorrow. Investor Presentation
Delivering on our Commitments Today and Tomorrow Investor Presentation CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This document may contain forward-looking statements. Forward-looking statements
More informationFor personal use only
Magellan Financial Group Limited Investor Briefing Hamish Douglass Chief Executive Officer 29 th AUGUST 2013 Magellan Financial Group Limited Overview Sydney based investment boutique established in 2006,
More informationWestpac Banking Corporation
Westpac Banking Corporation As at 30 September Australia's First Bank Established 1817 Net profit 2,818m 2,874m Cash ROE 21% Tier 1 ratio 7.2% Total assets Total deposits 260bn 149bn Customers 8.3m Credit
More informationChallenger Financial Services Group Limited
Challenger Financial Services Group Limited 2010 Interim Financial Results Financial Highlights For half year ended 31 Dec 2009 1H09 1H10 Assets Under Management* $22.9bn 12% Net income $272m 4% Expenses
More informationFor personal use only
Investor Update 1Q17 Overview Half Year to 31 December 2016 Well positioned for growth and diversification. NPAT 1 $5.6 million NPAT 1 (Before merger transaction and restructure costs) $8.2 million Net
More informationThe four quadrant investment model
Journal of Investment Strategy aspects 67 The four quadrant investment model By David Rees Director of Research, Mirvac and Michael Wood Executive Vice-President Quadrant Real Estate Advisors Abstract
More informationAnalyst Pack 1H December Challenger Limited providing our customers with financial security for retirement. CHALLENGER.COM.
Challenger Limited ACN 106 842 371 Analyst Pack 1H17 31 December 2016 Challenger Limited providing our customers with financial security for retirement. CHALLENGER.COM.AU Table of contents Challenger Group
More information5. MACQUARIE FUNDS GROUP
5. MACQUARIE FUNDS GROUP Shemara Wikramanayake Group Head Macquarie Group Limited Operational Briefing 5 February 2009 Presentation to Investors and Analysts 68 Macquarie Funds Group Traditional asset
More informationChallenger Limited and its controlled entities
Challenger Limited and its controlled entities 2015 Appendix 4D and Interim Results Announcement Challenger Limited ACN 106 842 371 2015 Appendix 4D Appendix 4D Interim financial report under ASX Listing
More informationAshmore Group plc. Results for six months ending 31 December February
Ashmore Group plc Results for six months ending 31 December 2017 8 February 2018 www.ashmoregroup.com Overview Accelerating growth and outperformance across Emerging Markets GDP growth driven by exports,
More informationFor personal use only
9 November 2017 By electronic lodgement The Manager Company Announcements Office ASX Ltd 20 Bridge Street SYDNEY NSW 2000 Pinnacle Investment Management Group Limited Presentation Pinnacle Investment Management
More informationCommonwealth Bank of Australia ACN concise Annual report 2006
2006 Commonwealth Bank of Australia ACN 123 123 124 concise Annual report 2006 Contents Chairman s Statement 2 Chief Executive Officer s Statement 4 Highlights 6 Banking Analysis 10 Funds Management Analysis
More informationManaged Investments. Australian and Global Funds WHAT ARE MANAGED INVESTMENTS? WHY RATE MANAGED INVESTMENTS? May 2016
Managed Investments Australian and Global Funds May 2016 WHAT ARE MANAGED INVESTMENTS? A managed investment involves pooling together money from different investors towards a common investment goal. The
More informationAPRA BASEL III PILLAR 3 DISCLOSURES
APRA BASEL III PILLAR 3 DISCLOSURES Quarter ended 31 August 2018 4 October 2018 This report has been prepared by Bank of Queensland Limited (Bank or BOQ) to meet its disclosure requirements under the Australian
More informationAMP Capital Notes Investor Presentation
26 October 2015 Manager ASX Market Announcements Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000 Client and Market Services Team NZX Limited Level 1, NZX Centre, 11 Cable Street
More informationFor personal use only
Macquarie Group Limited ABN 94 122 169 279 50 Martin Place Telephone (61 2) 8232 3333 Sydney NSW 2000 Facsimile (61 2) 8232 7780 GPO Box 4294 Internet http://www.macquarie.com.au Sydney NSW 1164 AUSTRALIA
More informationOperational Briefing Presentation to Investors and Analysts. 17 February 2015
Operational Briefing Presentation to Investors and Analysts 17 February 2015 Disclaimer The material in this presentation has been prepared by Macquarie Group Limited ABN 94 122 169 279 (Macquarie) and
More informationForward-looking Statements
2016 Annual Results Forward-looking Statements This presentation and subsequent discussion may contain certain forward-looking statements with respect to the financial condition, results of operations
More informationPerpetual Limited ABN OPERATING AND FINANCIAL REVIEW For the 6 months ended 31 December 2014
Perpetual Limited ABN 86 000 431 827 OPERATING AND FINANCIAL REVIEW For the 6 months ended 31 December 2014 Disclaimer The following information should be read in conjunction with the Group s unaudited
More informationBendigo and Adelaide Bank Limited ABN
Bendigo and Adelaide Bank Limited For the year ended 30 June 2011 Released 8 August 2011 This report comprises information given to the ASX under listing rule 4.3A CONTENTS 1. APPENDIX 4E: PRELIMINARY
More informationThe Role of Securitisation in Australia s Financial Markets. Chris Dalton 28 September 2009 Melbourne Centre for Financial Services
The Role of Securitisation in Australia s Financial Markets Chris Dalton 28 September 2009 Melbourne Centre for Financial Services Securitisation in Australia 1. Role of Securitisation in the Australian
More informationPORTFOLIO CONSTRUCTION
PORTFOLIO CONSTRUCTION The portfolio construction process involves a full understanding of your needs and objectives and matching an investment strategy with your particular circumstances to minimise the
More informationFor personal use only
AUSTRALIAN FINANCE GROUP LIMITED ABN 11 066 385 822 Appendix 4E Preliminary Final Report for the year ended 30 June 2015 Contents Page Results for announcement to market 2 Discussion and analysis of the
More informationStrategies for growth
Strategies for growth UBS Australian Financial Services Conference - Sydney Brian Benari Group Chief Operating Officer & Group Chief Financial Officer 24 June 2010 Agenda How has the Challenger business
More informationFor personal use only APRA BASEL III. Capital Structure 2. Table 3: Capital Adequacy 3. Table 4: Credit Risk 4. Table 5: Securitisation Exposures 6
APRA BASEL III Pillar 3 Disclosures QUARTER ENDED 31 AUGUST 2016 6 October 2016 This report has been prepared by Bank of Queensland Limited (Bank or BOQ) to meet it s disclosure requirements under the
More informationInvestor report Full year 2018
Investor report Full year 2018 Management and contact details AMP group leadership team Francesco De Ferrari Chief Executive Officer Megan Beer 1 Chief Executive, AMP Life Sally Bruce 1 Chief Executive,
More informationResults Presentation For the half year ended 31 December 2009
100 YEARS OF BANKING ON AUSTRALIA S FUTURE Media Presentation FOR THE HALF YEAR ENDED 31 DECEMBER 2011 Ian Narev Chief Executive Officer Results Presentation For the half year ended 31 December 2009 10
More information