AGF Management Limited Class B · TSX:AGF.B
AGF Management Limited Class B — Scotiabank Financials Summit 2014
11 slides from AGF Management Limited Class B's conference presentation, Sep 3, 2014
Slide 1: AGF Management Limited
SEPTEMBER 3, 2014 AGF MANAGEMENT LIMITED
Slide 2: Caution regarding forward-looking statements
Caution regarding forward-looking statements The forward looking information is provided as of September 3, 2014. Certain information presented in these remarks and in this presentation that is not historical factual information may constitute forward-looking information within the meaning of securi
Slide 3: AGF: A Global Investment Management Company
AGF: A Global Investment Management Company Total AUM: $36.2 billion* Established in 1957 An independent firm focused solely $4.4 on investment management Culture of innovation Diversified across business $12.1 $19.7 segments, products and geographies Strong financial position Retail Insti
Slide 4: Diversified, Independent Global Wealth Management Leader
Diversified, Independent Global Wealth Management Leader Our global focus applies to our investment capabilities as well as our distribution footprint Calgary London, ON Dublin Ottawa London, U.K. Vancouver Montreal Beijing Toronto 35% Hong Kong Singapore 65% Global represents 35% of AUM* *As at Jul
Slide 5: Retail Business Update
Retail Business Update Focus on improvement in key areas has yielded results % Of Mutual Fund Assets Above Median1 - Year Return 60% 50% 40% 30% 20% 10% 0% Jul-13 Oct-13 Jan-14 Apr-14 Jul-14 Source: Morningstar 5
Slide 6: Retail Business Update
Retail Business Update Redemption levels have improved significantly; further improvement in fund performance is key to continuing momentum Net Redemptions Improvement vs. Previous Year 30% 25% 20% 15% 10% 5% 0% Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 6
Slide 7: Institutional Business Update
Institutional Business Update Global distribution footprint Institutional AUM by Geography* London, ON Dublin London, U.K. 6% Vancouver Boston Beijing 32% Toronto Hong Kong 37% 25% Canada US Europe Asia *As at July 31, 2014. Excludes subadvisory. 7
Slide 8: Institutional Trends
Institutional Trends Investor concerns create an opportunity for AGF Reduction of home-country equity bias Globalization Manager replacement Trends in the Shift to global and managed volatility Fixed income institutional market Impact of rising interest rates Investment in Fastest growing
Slide 9: InstarAGF
InstarAGF Infrastructure is the preferred alternative asset class among investors Change in Investor Allocation to Infrastructure • A study by Preqin suggests that infrastructure is the preferred alternative asset 16% class 46% • 46% of investors plan on increasing their infrastructure allocation ov
Slide 10: Deployment of Capital
Deployment of Capital AGF will employ a principled approach to deploy capital to fund growth and to benefit our shareholders Strong balance $256M in cash and investments sheet Smith & Williamson stake Focus on growth Focus on teams and process Investment for and value for growth Nascent alte
Slide 11: Summary
Summary Progress against strategic objectives continues • Key Execution Points − Continually improve investment platform − Continue progress toward net sales in retail − Leverage UCITS scale − Convert consultant ‘buy’ ratings into AUM − Expand alternatives platform 11