Bentley Capital Ltd. · ASX:BEL

Bentley Capital — Constellation Capital Management — Investor Presentation (February 2004)

9 slides from Bentley Capital's investor presentation, Feb 5, 2004

  1. Slide 1: HomeGlobal Investing

    Doug Little HomeGlobal™ Investing CONSTELLATION CAPITAL MANAGEMENT LIMITED

  2. Slide 2: History & where now

    History & where now International Ratio Domestic ? Past Present Future Relaxation: International offers: Current/future issues: international - diversification - Stock-industry concentrations investing - opportunities - Impact of globalisation but home country bias - How much international? remains

  3. Slide 3: Globalisation

    Globalisation • Globalisation: • reduces relative importance of country • increases relative importance of industries Relative Countries Importance Industries Time CONSTELLATION CAPITAL MANAGEMENT LIMITED

  4. Slide 4: Stock & Industry Concentration

    Stock & Industry Concentration Domestic Stock Concentrations Domestic Sector Concentrations Nokia Information Technology Hardware FINLAND Teva Pharmaceutical Pharmaceuticals & Biotechnology ISRAEL Telecom Corp. Of Nz Banks IRELAND Royal Dutch Petroleum Information Technology Hardware TAIWAN Samsung

  5. Slide 5: Industry Group Imbalances

    Industry Group Imbalances Pharmaceuticals & Biotechnology Information Technology Hardware Software & Computer Services Australia Weight Oil & Gas World Weight Media & Photography Real Estate Mining Banks 0% 5% 10% 15% 20% 25% 30% 35% Source:FTSE Glob al Equity Index, June 2003 CONSTELLATION CAPITAL

  6. Slide 6: Current Paradigm Imbalances

    Current Paradigm Imbalances Pharmaceuticals & Biotechnology Information Technology Hardware Software & Computer Services Oil & Gas Current Paradigm Media & Photography World Weight Real Estate Mining Banks 0% 5% 10% 15% 20% 25% 30% 35% Source:FTSE Glob al Index, Mercer, Constellation * Current parad

  7. Slide 7: HomeGlobal Solution

    HomeGlobal™ Solution Industries balanced 0% 5% 10% 15% Pharmaceuticals & Biotechnology Information Technology Hardware Software & Computer Services Oil & Gas Media & Photography Australia HomeGlobal - International Real Estate World Weight Mining Australia HomeGlobal - Domestic Banks 0% 5% 10% 15% S

  8. Slide 8: HomeGlobal Solution: Country diversification

    HomeGlobal™ Solution Country diversification AUSTRALIA EUROBLOC FTSE World Current Paradigm JAPAN AUSTRALIA USA HomeGlobal Index UK 0% 20% 40% 60% 80% CONSTELLATION CAPITAL MANAGEMENT LIMITED

  9. Slide 9: HomeGlobal Market Weights

    HomeGlobal™ Market Weights Market weights HomeGlobal™ Weights Austalian International Industry Global Domestic Domestic International Component Component Aerospace & Defence 1.1% 0.0% 0.0% 1.1% 0.0% 2.2% Automobiles & Parts 2.2% 0.3% 0.3% 1.9% 0.5% 4.0% Banks 13.4% 31.2% 13.4% 0.0% 25.6% 0.0% Bevera

Constellation Capital Management — Investor Presentation (February 2004) on 6ix