Praemium Ltd · ASX:PPS

Praemium — Conference Presentation (March 2010)

8 slides from Praemium's conference presentation, Mar 10, 2010

  1. Slide 1: Strategy SMAs – The Future

    Strategy SMAs – The Future Session 7B 10 March 2010 Arthur Naoumidis Group CEO, Praemium Ltd

  2. Slide 2: The changing landscape

    The changing landscape  Regulatory push to shift away from commission-based structure  In the UK:  Outlawing of commissions by 2012  TCF – “Treat Customers Fairly”  CAR – “Customer Agreed Remuneration”  In Australia:  Similar trend to the UK, BUT slower

  3. Slide 3: The changing landscape

    The changing landscape  Evolution of investors:  Seeking greater control & flexibility  Seeking more engagement  Seeking lower cost  Seeking better service from the adviser  There is a need to build a more scalable business:  Fee compression is real - globally!  Investors are starting to que

  4. Slide 4: Key drivers for change

    Key drivers for change  In the UK – “Outlawing of commissions by 2012”:  Fee-for-service will be MANDATORY  This will force the move away from PRODUCTS PLATFORMS  Advisers will need to be AGNOSTIC to products  Building a fee-based practice requires demonstrable „value‟  QUALITY ADVICE QUALITY

  5. Slide 5: Key drivers for change

    Key drivers for change  The UK - TCF (Treat Customers Fairly):  Delivery of a FAIR service is now a core OBLIGATION, e.g.  Products and services marketed and sold are designed to meet the needs of identified consumer groups and are targeted accordingly  All investors are treated equally  Provid

  6. Slide 6: A robust business process

    A robust business process  SMA model portfolio approach involves: Passive or Equity Model Risk Analysis Asset Selection Geographic spread Investment style active = Portfolio management Equity Model 1 10 Emerging mkts Hedge Active Fund 1 Structured Active Fund 2 Equity Model 2 Far East 9 European pr

  7. Slide 7: A robust business process

    A robust business process  Strategy-based SMAs:  Models are designed & constructed by specialist investment managers, which means:  Advisers are not stock-picking  Hire/fire experts based on performance  Eliminate ongoing SoA requirements, because:  Models automatically adjust underlying asset

  8. Slide 8: Disclaimer

    Disclaimer Praemium: The information in this presentation is of a general nature. While Praemium Australia Pty Limited AFSL 297956 and its related entities („Praemium‟) endeavour to provide accurate and timely information Praemium do not guarantee that the information in this presentation is accurat

Praemium — Conference Presentation (March 2010) on 6ix