Firstrand Limited · JSE:FSR
Firstrand — Investor Presentation
19 slides from Firstrand's investor presentation
Slide 1: FirstRand introduces Ashburton Investments
firstrand introduces ashburton investments ITS NEW INVESTMENT MANAGEMENT FRANCHISE
Slide 2: Why enter investment management?
Why enter investment management? • Stated strategy is to play in all profit pools of the financial services universe • Since unbundled Momentum, asset management a gap in the Group’s portfolio • Underpins strategy to focus on growing fee income – ROE enhancing • Regulatory landscape opened up opport
Slide 3: Investment management is an under-represented and attractive revenue pool
Investment management is an under- represented and attractive revenue pool Risk income Gross revenue & investing Investment management Deposit and endowment Insurance and other Lending Transactional
Slide 4: Our right to compete
Our right to compete • Recognised financial services franchise with appropriate products and skills • Operating platforms already exist and are profitable • History of incrementally building new franchises leveraging existing building blocks • Discovery and OUTsurance created in excess of R30 billio
Slide 5: What is our competitive advantage?
What is our competitive advantage? • Existing franchises can originate attractive assets and provide distribution platforms • Innovative culture combined with strong risk management skills • Balance sheet and liquidity
Slide 6: What investors now want, we can provide
What investors now want, we can provide credit • Search for yield RMB IBD + Global Markets dividends multi assets Ashburton • Risk minimisation guaranteed FNB hedge fund RMB Global Markets long-term credit • Asset liability strategies RMB IBD principal investing index/tracking • Cheap beta RMB Globa
Slide 7: Structure reflects difference between balance sheet and fiduciary businesses
Structure reflects difference between balance sheet and fiduciary businesses Ashburton Investments FirstRand Bank Limited Holdings Limited OWN BALANCE SHEET FIDUCIARY MINDSET
Slide 8: Ashburton Investments
AN BURTON INVESTMENTS Focuse d Insight
Slide 9: FirstRand
FIRSTRAND WesBank SARMB ASHBLRTO
Slide 10: Why another investment manager?
WHY ANOTHER INVESTMENT MANAGER?
Slide 11: Global credit crisis 2008 - 2013
GLOBAL CREDIT CRISIS 2008 - 2013
Slide 12: Investor needs a new generation investment manager
INVESTOR NEEDS RISK MITIGATION YIELD ENHANCEMENT GROWTH MARKETS A NEW CHEAP ACCESS TO THE MARKET GENERATION INVESTMENT MANAGER
Slide 13: A new generation investment manager
A NEW GENERATION INVESTMENT MANAGER
Slide 14: Nothing like this exists, we have to build it
NOTHING LIKE THIS EXISTS, Unlisted instruments: WE HAVE TO Financial BUILD Equities, markets IT Listed instruments: cash, bonds + Real economy origination Alternatives Single managers Passives Portfolio management + Multi managers Guaranteed products Multiple investment styles Asset and liability So
Slide 15: Nothing like this exists, we have to build it
NOTHING LIKE THIS EXISTS, WE HAVE TO BUILD IT
Slide 16: What we already have and what is coming
WHAT WE ALREADY HAVE WHAT WE ALREADY HAVE WHAT IS COMING Quality new player in the market Progressive Progressive South African • Top 40 ETF Exposure to long only and • MidCap ETF real economy in multi manager • FNB ShareSaver SA: SA Credit funds (combines the two) Co-Investment • Inflation-X ETF Gl
Slide 17: Access to more
ACCESS TO MORE
Slide 18: First National Bank, FirstRand, RMB Ashburton
> First National Bank FIRSTRAND | "RMB ASHBURTON LO
Slide 19: Ashburton Investments
AN HSURTON INVESTMENTS Focuse d Insight