Associate Global Partners Limited · ASX:APL
Associate Global Partners — Investor Presentation (August 2023)
20 slides from Associate Global Partners's investor presentation, Aug 25, 2023
Slide 1: Investor Presentation August 2023
Investor Presentation Marty Switzer Managing Director and CEO August 2023
Slide 2: Disclaimer
Disclaimer This material has been prepared by Associate Global Partners Limited (ABN 56 080 277 998) (AGP) (Group) and comprises written materials/slides for a presentation concerning the Group. This is not a prospectus, disclosure document or offering document. The Group its officers, employees, ag
Slide 3: Company Highlights
Company Highlights Company announces new agreement with alternative assets manager, Woodbridge Capital, and launches Woodbridge Private April 22 Credit Fund Woodbridge Private Credit Fund added to five wealth platforms, including HUB24, Netwealth, Macquarie Wrap, Mason October 22 Stevens and PowerWr
Slide 4: Growth in FUM since 2017
Growth in FUM since 2017 As at 30 June 2023, Associate Global Partners Funds Under Management (FUM) totalled $1.239 billion1. FUM has grown with improving market conditions, acquisition of Brookvine and agreement with Vertium Asset Management 03 1 All FUM and flow information is approximate, rounded
Slide 5: Quarterly Flows since 2018
Quarterly Flows since 2018 The significant market drawdown in calendar year 2022 resulted in total net flows for FY2023 of -$12.1m. 04 Data as at 30 June 2023. Excludes WCM Global Long Short Limited selective buy-back in July 2021. Excludes payments and reinvestment of dividends and distributions. S
Slide 6: Contemporary Distribution Capability
Contemporary Distribution Capability The Group continues to build its marketing and distribution platform Direct Advised High Net Worth Consultants and Direct and retail broker Experienced distribution High Net Worth individuals, Platforms channels including the and marketing team family office and
Slide 7: The Group's Product Suite
The Group’s Product Suite Brookvine Product AGP Product Suite Suite Global Equities Income Private Credit Global Equities WCM WCM Quality WCM Quality International Switzer Dividend THB WCM Global Global Growth Global Growth Growth Fund Vertium Equity Woodbridge Private International THB US Micro Sma
Slide 8: Platform Availability
Platform Availability The following products have been approved for use on several leading wealth management platforms: WCM Quality Global WCM Quality Global WCM International WCM Global Growth Woodbridge Private Vertium Equity Growth Fund (Quoted Growth Fund Small Cap Growth Limited Credit Fund Inc
Slide 9: Global Equities Update – WCM Investment Management
Global Equities Update – WCM Investment Management Since partnering with Associate Global Partners in June 2017, WCM now has $830m in retail FUM in Australia*. Product FUM Highlights WCM Global Growth Limited • Enhanced dividend payment of progressive quarterly dividend payments for investors from 3
Slide 10: Large-Cap Track Record
Large-Cap Track Record Annualised returns of the WCM Quality Global Growth Equity Strategy Composite vs its benchmark. The Strategy has outperformed its benchmark on a 6 months, 1, 5 and 10-years basis and since inception. 22.71% 21.00% 19.09% 16.41% 15.54% 13.26% 12.96% 12.77% 12.85% 10.93% 9.14% 7
Slide 11: Small-Cap Track Record
Small-Cap Track Record Annualised returns of the WCM International Small Cap Growth Equity Strategy Composite vs its benchmark. The Strategy has outperformed its benchmark on a 6 months and 5-years basis and since inception. 15.18% 15.36% 14.53% 14.04% 9.87% 9.18% 8.85% 8.32% 5.23% 2.98% 6 Months 1
Slide 12: Income Suite
Income Suite Switzer Dividend Growth Fund Powered by (Quoted Managed Fund) (ASX:SWTZ) • SWTZ aims to generate an above-market yield while maximising franking where possible and deliver capital growth over the long term. • Since April 2021, SWTZ has been managed by Blackmore Capital Pty Limited (Blac
Slide 13: Woodbridge Capital
Woodbridge Capital The Woodbridge Private Credit Fund • The Woodbridge Private Credit Fund was launched with the purpose of providing wholesale investors with direct and indirect exposure to first mortgage (senior secured) asset backed commercial real estate and agriculture loans in Australia and Ne
Slide 14: Acquisition of Brookvine
Acquisition of Brookvine In April 2023, AGP announced the acquisition of Brookvine Pty. Limited (Brookvine). Brookvine was founded in 2021 and operates a multi-boutique, third- party distribution and placement business which brings investment opportunities to institutional investors. The acquisition
Slide 15: THB Asset Management
THB Asset Management • THB US Micro-Cap Fund • THB International (ex-USA) Micro Cap Fund • THB Asset Management (THB), an investment franchise of Victory Capital Management Inc., is a dedicated micro and small cap specialist investment franchise based in Connecticut, USA. • Founded in 1982, THB has
Slide 16: New Distribution Agreements
New Distribution Agreements Global Systematic Equities Fund and Vertium Equity Income Fund Australian Equities Extension Fund • On 28 June 2023, AGP entered into a new distribution agreement with Vertium • On 2 August 2023, AGP entered into a new distribution with Specialised Private Asset Managemen
Slide 17: Growth in Retail Investor Base
Growth in Retail Investor Base As at 30 June 2023, Associate Global Partners had 13,802 unitholders and shareholders* across its product suite SHAREHOLDERS / PRODUCT UNITHOLDERS WCM Global Growth 4,177 Limited (ASX:WQG), WCM Quality Global 6,794 Growth (ASX:WCMQ) Switzer Dividend Growth 2,159 Fund
Slide 18: Financial Position and Performance
Financial Position and Performance • The Group’s cash balance as at 30 June 2023 was $4.054 million • Associate Global Partners has: o cash and current receivables of $6.057 million o current payables and borrowings of $3.913 million o other non-current debt of $1.252 million. Revenues from Manageme
Slide 19: Strategic Priorities
Strategic Priorities Distribution Capability Financial Performance We will continue to invest in We will aim to increase annualised distribution to grow our products revenues with strict cost control organically in the retail and and expect to reach positive cash wholesale markets. flow and profitab
Slide 20: Contact Details
Contact Details MARTY SWITZER CEO and Managing Director Associate Global Partners Limited Level 12 2 Chifley Square Sydney, NSW, 2000 0407 297 702 (Marty Switzer) 1300 052 054
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