Schroders Plc · LSE:SDR
Schroders — Shareholder Meeting (April 2017)
15 slides from Schroders's shareholder meeting presentation, Apr 27, 2017
Slide 1: Welcome to the 2017 Annual General Meeting
Welcome to the 2017 Annual General Meeting 27 April 2017
Slide 2: Michael Dobson, Chairman
Michael Dobson, Chairman Michael Dobson, Chairman
Slide 3: Peter Harrison, Group Chief Executive
Peter Harrison, Group Chief Executive Michael Dobson, Chairman
Slide 4: Full year 2016 results
Full year 2016 results Strong results in challenging conditions Positive net new business - Institutional 2015 2016 % change - North America Net income (£m) 1,658.5 1,793.1 8% Pre-exceptional PBT (£m) 609.7 644.7 6% 7% increase in dividend AUMA (£bn) 313.5 397.1 27% Acquisitions and partnerships EPS
Slide 5: Consistent dividend growth
Consistent dividend growth 50% payout ratio for 2016 pence 100 90 80 70 60 64 58 50 54 40 42 30 30 20 29 29 10 24 13 16 0 2012 2013 2014 2015 2016 Interim Final 4
Slide 6: Reflecting increased profits
Reflecting increased profits 10% compound annualised growth over last five years pence £m 100 700 90 600 80 70 500 60 64 58 400 50 54 300 40 42 30 200 30 20 29 29 100 10 24 13 16 0 0 2012 2013 2014 2015 2016 Interim Final Pre-exceptional PBT (rhs) 5
Slide 7: A diversified and stable business
A diversified and stable business With increasing asset class diversification £bn 6
Slide 8: Diversified by channel, region and product
Diversified by channel, region and product Americas: 15% UK: 39% By region Asia Pacific: 25% EMD, Commodities & Wealth Real Estate: 4% Wealth Management: EMEA: 21% Management: 10% Multi-asset: 25% 10% By product By channel Institutional: Intermediary: 59% Fixed Income: Equities: 40% 31% 21% 7
Slide 9: A changing industry
A changing industry A number of well-publicised headwinds Headwinds Tailwinds Pricing pressures Wealth accumulation in Asia Pacific Regulatory scrutiny Technological advances Political upheaval Growth of savings in private assets 8
Slide 10: Investing in future growth
A changing industry Investing in future growth Product Fixed North Asia Wealth Private Innovation Income and Technology America Pacific Management Assets and Multi-asset Solutions 9
Slide 11: Summary and outlook
Summary and outlook Market uncertainty and industry challenges are set to continue Well placed to build on success – Highly diversified business – Strong financial position – Willingness to invest for future growth 10
Slide 12: Michael Dobson, Chairman
Michael Dobson, Chairman Michael Dobson, Chairman
Slide 13: Resolutions
Resolutions 01 To receive the Report and Accounts 11 To re-elect Robin Buchanan 02 To declare the Final dividend 12 To re-elect Rhian Davies 03 To approve the Remuneration report 13 To re-elect Nichola Pease 04 To approve the Remuneration policy 14 To re-elect Philip Mallinckrodt 05 To elect Ian Kin
Slide 14: Thank you for attending the 2017 Annual General Meeting
Thank you for attending the 2017 Annual General Meeting EST. 1804
Slide 15: Forward-Looking Statements
Forward-Looking Statements These presentation slides may contain forward-looking statements with respect to the financial condition, performance and position, strategy, results of operations and businesses of the Group. Such statements and forecasts involve risk and uncertainty because they are base