Ubs Group Ag · SIX:UBSG
Ubs — Investor Day (May 2014)
13 slides from Ubs's investor day presentation, May 6, 2014
Slide 1: 2014 Investor Update: Global AM — An Attractive Franchise with Growth Potential
2014 Investor Update Global AM — An Attractive Franchise with Growth Potential Ulrich Körner CEO UBS Global Asset Management May 6, 2014
Slide 2: Cautionary statement regarding forward-looking statements
Cautionary statement regarding forward-looking statements This presentation contains statements that constitute “forward-looking statements”, including but not limited to management’s outlook for UBS’s financial performance and statements relating to the anticipated effect of transactions and strate
Slide 3: Attractive industry fundamentals
Attractive industry fundamentals x Growing demand for outcome oriented solutions and bespoke products Evolving x Shift from "local" to "global" portfolios client needs x Continued separation between beta and high alpha Compelling x Structurally attractive growth prospects (~2-3x GDP growth1) growth
Slide 4: Global AM — An attractive franchise with growth potential
Global AM — An attractive franchise with growth potential Capital-light, cash flow generative business positioned to benefit from industry fundamentals and management initiatives 2011 2012 2013 585 543 456 Stable profit Profit before tax adjusted, CHF million contribution 31 25 18 Attractive RoAE ri
Slide 5: Diversified across regions, asset classes and channels
Diversified across regions, asset classes and channels Well positioned to capture opportunities in shifting market dynamics Regions1 Asset classes1 Distribution channels1 % of invested assets, 31.3.14 % of invested assets, 31.3.14 % of invested assets, 31.3.14 UBS's wealth Equity management Switzerl
Slide 6: Solid investment performance with key areas of strength to build on
Solid investment performance with key areas of strength to build on Investment performance 31.3.14 Equity1 Fixed Income1 Multi-asset1 Alternatives2 Real Estate3 (incl. solutions) (O'Connor and A&Q) 12% 13% 33% 43% 49% 1 year 51% 57% 67% 88% 87% 10% 3% 27% 27% 30% 3 years 70% 73% 73% 90% 97% % below
Slide 7: Driving profitable growth
Driving profitable growth Strategic priorities focusing on four key levers Æ Establish clear investment performance metrics Investment Æ Fully leverage diversified capabilities and capitalize on strong position in high alpha, smart beta performance capabilities and multi-asset solutions Æ Increase f
Slide 8: Leveraging our strong position in alternatives and real estate
Leveraging our strong position in alternatives and real estate A leading alternatives manager (#41) with CHF 78 billion in invested assets Global Asset Management alternatives2 Investment performance 31.3.14, invested assets % of invested assets with returns above/below peer indices, 31.3.14 1 year
Slide 9: Leading capabilities in the multi-asset solutions business
Leading capabilities in the multi-asset solutions business Innovative solutions leveraging our expertise (examples) Asset allocation and currency Manager selection Example: Global Allocation Fund (NAV indexed) Example: PACE Select gross absolute performance1 200 14.1% 15.9% 150 8.9% 100 50 2009 2014
Slide 10: Strong collaboration with WM and WMA
Strong collaboration with WM and WMA Working together to deliver the best of Global Asset Management to WM and WMA and their clients Mutual fund penetration of invested assets 31.12.13, CHF billion Key measures to enhance co-operation • Provide superior support and services to the world's premier we
Slide 11: Targets
Targets1 Net new money growth Cost/income ratio Excluding money market flows, % adjusted, % 3-5 75 71 69 60-70 0.8 (2.3) (3.4) Gross margin Profit before tax bps adjusted, CHF million 32-38 1,000 33 33 33 543 585 456 2011 2012 2013 Target 2011 2012 2013 Target2 Refer to slide 12 for details about ad
Slide 12: Key messages
Key messages Well diversified and highly cash flow generative business in an industry with attractive fundamentals Striving to deliver superior investment performance with industry- leading talent and expertise Trusted partner for clients with our high quality solutions, drawing on the full breadth
Slide 13: Important information related to numbers shown in this presentation
Important information related to numbers shown in this presentation Use of adjusted numbers Adjusted results are non-GAAP financial measures as defined by SEC regulations. Refer to page 12 of the first quarter 2014 report and pages 76-77 of our 2013 annual report for an overview of adjusted numbers.