Power Financial Corporation · TSX:PWF.PF.A
Power Financial — Investor Presentation (September 2011)
19 slides from Power Financial's investor presentation, Sep 7, 2011
Slide 1: Investor Presentation
Investor Presentation September 7, 2011
Slide 2: Forward-Looking Statement
Forward-Looking Statement Certain statements in these presentation materials, as well as in oral statements made by representatives of the Corporation in connection with these materials or in response to questions, other than statements of historical fact, are forward-looking statements based on cer
Slide 3: Non-IFRS / non-CGAAP Financial Measures
Non-IFRS / non-CGAAP Financial Measures Certain financial terms included in these presentation materials or in oral statements made by representatives of the Corporation in connection with these materials or in response to questions, such as “operating earnings” are non-IFRS/non-CGAAP financial meas
Slide 4: Power Financial Corporation
Power Financial Corporation As of June 30, 2011 66.1% 70.6% 59.9% 56.5% (1) Power Financial is the principal subsidiary of Power Corporation Market capitalization of C$12 billion (TSX: POW) and C$21 billion (TSX: PWF) Long-term commitment to the Protection, Retirement Savings and Asset Managem
Slide 5: How Do We Create Value
How Do We Create Value Long-term perspective Investment Limited number of sustainable franchises with attractive growth profile Principles Maintain conservative financial structure and sustainable dividend capacity Disciplined, detailed financial analysis Majority ownership Operating Dec
Slide 6: Business and Geographic Diversity
Business and Geographic Diversity Power Financial by Line of Business and Geography - 2010 Canada C$1,104M Europe C$528M U.S. C$229M (59.3%) (28.4%) (12.3%) 100% 100% Retirement Services Pargesa 6.4% 80% IGM 22.4% 5.4% 80% Reinsurance 5.7% 60% 60% Group Insurance 14.6% Individual Markets 6.9% 40% 40
Slide 7: Market and Geographic Diversity
Market and Geographic Diversity Power Financial by Market and Geography - 2010 Canada C$1,104M Europe C$528M U.S. C$229M (59.3%) (28.4%) (12.3%) 100% 100% Management 43.6% Investments 22.7% (Pargesa) Wealth 80% 80% Wealth Management 58.0% Reinsurance 20.0% 60% 60% Protection 56.4% 40% Wealth 40% Man
Slide 8: Strategic Initiative Focused on Organic Growth
Strategic Initiative Focused on Organic Growth Grow Distribution Product Enhancement Asset Retention Use of Technology Manage Capital and Risk 8
Slide 9: The Canadian Wealth Opportunity
The Canadian Wealth Opportunity Our businesses are positioned to address the robust wealth and asset management opportunity that is significant and growing in Canada Sizeable Financial Assets at all Income Levels Asset Levels that Increase with a Maturing (C$000) Population $181 (C$000) $158 $123 $8
Slide 10: The Canadian Wealth Opportunity
The Canadian Wealth Opportunity We focus on the advice channels in Canada Demonstrable Wealth Impact (C$000) 4.6X 6.8X 3.7X 1.6X $215 $197 $165 $138 $125 $44 $27 $29 $35 TO $55 $55 TO $70 $70 TO $100 $100 OR MORE Household Income (2009) AVERAGE $ UNREGISTERED – NO ADVICE AVERAGE $ UNREGISTERED – WIT
Slide 11: Capabilities to Address the Canadian Wealth Opportunities
Capabilities to Address the Canadian Wealth Opportunities Company Great-West Lifeco IGM Financial Distribution London Life Investors Group Mackenzie Canada Life Great-West Life Products Segregated funds Financial plan Mutual funds Pensions Mutual fund-based Full platform Savings produc
Slide 12: The Global Asset Management Landscape
The Global Asset Management Landscape The U.S. asset management market is by far the largest globally Global AUM (2008): Total = US$48T US$0.7T US$0.7T US$23.7T US$16.0T US$6.1T US$0.6T 100% Canada Other Western Europe Other Spain Asia-Pacific Denmark 80 Sweden Netherlands China Switzerland Italy Au
Slide 13: The U.S. Asset Management Landscape
The U.S. Asset Management Landscape Power Financial participates in key segments U.S. household assets (2011) U.S. investment & retirement assets (2011) Total = US$41T US$69T US$41T 100% Other assets US$29T US$12T 100% Defined Other contribution Household Group (non mutual 80 real estate fund) 80 Sa
Slide 14: The U.S. Wealth Opportunity
The U.S. Wealth Opportunity We are focused on the compelling defined contribution opportunity which is estimated to grow to almost US$8 trillion in assets by 2020 $7,500 $3,600 $3,000– $120– $150– ASSETS (US$ billions) $4,000 $180 $220 $2,300– $300– $3,300 $450 $3,300 2008 New New New plans IRA Othe
Slide 15: Capabilities to Address the U.S. DC and Retirement Savings Opportunities
Capabilities to Address the U.S. DC and Retirement Savings Opportunities Defined Contribution Great-West Life & Annuity Putnam 4.5 million defined contribution participants Mutual funds through third-party channels Leader in public / non-profit sector Focus of 401(k) platform on high value-a
Slide 16: Putnam Overview
Putnam Overview Line of Business Putnam Retail Management Putnam 401(k) Putnam Putnam Japan PanAgora (U.S. Retail) Defined Contribution Institutional AUM (US$129.2B) $64.3 $13.5 $21.0 $6.9 $23.4 As of June 30, 2011 Pension Plans, Pension Plans, Corporations and Retail and End Client Individuals Part
Slide 17: Putnam Strategy
Putnam Strategy To make Putnam into one of the premier asset management companies in the world Deliver superior investment performance Provide innovative and high-quality products and solutions in all market environments Regain leadership in the U.S. retail mutual fund space Be a recognized
Slide 18: Pargesa Group Companies
Pargesa Group Companies As of July 22, 2011 Groupe Parjointco Frère 50 % 50 % 56.5 % Economic Interest 76.0 % Voting Interest 50.0 % Economic Interest 52.0 % Voting Interest 56.2% 21.1% 5.2% 4.0% 7.1% 9.9% Market Value(1) C$2.7B C$3.3B C$3.8B C$5.0B C$0.6B C$2.5B Significant influence or control o
Slide 19: Summary
Summary Well positioned to benefit from opportunities in the asset management and retirement space in Canada and the U.S. Insurance products provide a stable base and growth opportunities in Canada and Europe Profitable and sustainable businesses in the U.K. and Europe Putnam re-emerging as
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