23 slides from Generation Development's shareholder meeting presentation, Oct 25, 2018
Slide 1: 2018 Annual General Meeting
For personal use only 2018 Annual General Meeting Presenters Rob Coombe Catherine van der Veen and Lucy Foster Grant Hackett Executive Chairman Joint Chief Executive Officer Incoming Chief Executive Officer Generation Development Group Generation Life Generation Development Group
Slide 2: Group financials and results
For personal use only Group financials and results Generation Development Group | gendevelopmentgroup.com.au Presenter: Rob Coombe Executive Chairman of Generation Development Group
Slide 3: A compelling shareholder value building model
Generation Development Group A compelling shareholder value building model For personal use only Generation Development Group (ASX:GDG) is a licenced Pooled Development Fund (PDF) owning a recurring revenue producing life/investment income Generation Development Group | gendevelopmentgroup.com.au Sh
Slide 4: FY18 Financial Result Summary
FY18 Financial Result Summary For personal use only FY18 FY17 Change Change % Revenue* (A#039;000) 13,054 10,726 2,328 22 Expenses (A#039;000) -11,536 -9,894 -1,642 17 Generation Development Group | gendevelopmentgroup.com.au Underlying EBITDA (A#039;000) 1,479 824 655 79 Underlying NPAT (A#039;000) 1,518 832 6
Slide 5: In 2018, we invested into our future growth
In 2018, we invested into our future growth For personal use only Brand Products + Introduced a new tiered fee structure with no investment Generation Development Group | gendevelopmentgroup.com.au + Renamed and launched the new brand from Austock Group and Austock Life to Generation Development swi
Slide 6: New Executive Management Team
New Executive Management Team For personal use only Generation Development Group | gendevelopmentgroup.com.au Robert Coombe Chris Freeman Catherine van der Veen Lucy Foster Executive Chairman of Independent Non Executive Joint Chief Executive Officer of Joint Chief Executive Officer of Generation De
Slide 7: New Executive Management Team
New Executive Management Team For personal use only Generation Development Group | gendevelopmentgroup.com.au Terence Wong Grant Hackett OAM Felipe Araujo Chief Financial Officer of General Manager of Distribution of Head of Key Accounts of Generation Development Group Generation Development Group G
Slide 8: GDG Executive Management Team
GDG Executive Management Team For personal use only Rob Coombe Generation Life Board Executive Chairman Generation Development Group Generation Development Group | gendevelopmentgroup.com.au Grant Hackett OAM Terence Wong Catherine van der Veen Chief Executive Officer Group Chief Financial Officer a
Slide 9: Generation Life
For personal use only Generation Life Generation Development Group | gendevelopmentgroup.com.au Presenters: Catherine van der Veen and Lucy Foster Joint Chief Executive Officer of Generation Life
Slide 10: FY18 Highlights & Key Performance Measures
FY18 Highlights & Key Performance Measures For personal use only Generation Development Group | gendevelopmentgroup.com.au Life Business FUM Life Product Sales Market share* Product rating $887 m $228 m 33.7% Highly Recommended Up 23% yoy Up 71% June quarter 2018 Zenith Active Financial Advisers New
Slide 11: FY19 Q1 Highlights and Key Performance Measures
FY19 Q1 Highlights and Key Performance Measures For personal use only Generation Development Group | gendevelopmentgroup.com.au 26% 42% 27% 76% 24% Life Business FUM Life Product Sales Active Financial Advisers New Bond Numbers Saving Plans $935 m $52 m 784 1276 $22.6 m (annualised)
Slide 12: Rising from 5th to 3rd in 2018
Rising from 5th to 3rd in 2018 Generation Life – Market share FUM For personal use only $ 2.5 b 40.0% 35.0% $ 2.0 b Generation Development Group | gendevelopmentgroup.com.au 30.0% 25.0% $ 1.5 b 20.0% FUM($)-June18 Market Share - Inflows $ 1.0 b 15.0% 10.0% $ 0.5 b 5.0% $ 0.0 b 0.0% Australian Unity
Slide 13: Market expected to continue growing
Market expected to continue growing Changes to superannuation For personal use only Many ‘High Net Worth’ clients simply Generation Development Group | gendevelopmentgroup.com.au can’t get money into Super. DEXX&R have estimated this market to be in excess of $18 billion p.a. Investment bonds will b
Slide 14: Several initiatives underway to sustain momentum in FY19
Several initiatives underway to sustain momentum in FY19 For personal use only New product and enhancements Adviser and investor tools and service + A targeted HNW product offering + Enhance data reporting to platforms Generation Development Group | gendevelopmentgroup.com.au + Improvements in funct
Slide 15: Grandparents and Parents Campaign
Grandparents and Parents Campaign For personal use only Capitalising on our strong direct sales Generation Development Group | gendevelopmentgroup.com.au with an above the line campaign launching next week Digital placements only and direct to adviser networks to support both B2C and B2B channels
Slide 16: Ascalon Acquisition
For personal use only Ascalon Acquisition by Generation Development Group Generation Development Group | gendevelopmentgroup.com.au Presenter: Grant Hackett OAM Chief Executive Officer of Generation Development Group
Slide 17: Our investment in Ascalon Capital Managers
Our investment in Ascalon Capital Managers For personal use only September 2018 October 2018 March 2019 June to September 2019 Generation Development Group | gendevelopmentgroup.com.au Entered agreement $20 million Westpac Expected completion Ascalon to launch new with Westpac to invest seed investm
Slide 18: Ascalon deal terms and structure diagram
Ascalon deal terms and structure diagram For personal use only Completion is subject to GDG being approved by Hong Kong Securities and Futures Commission and Generation Development Group | gendevelopmentgroup.com.au Ascalon Capital Managers capital restructuring 100% Expected completion date by Marc
Slide 19: Ascalon Proven Track Record
Ascalon Proven Track Record For personal use only 50.00% 45.00% Highly experienced team with a well-developed network 40.00% in the Asia Pacific hedge fund industry Generation Development Group | gendevelopmentgroup.com.au 35.00% Well-established investment, operational, governance 30.00% and risk m
Slide 20: Ascalon: A leading incubator and partner of boutique fund managers
Ascalon A leading incubator and partner of boutique fund managers For personal use only in the Asia Pacific region Generation Development Group | gendevelopmentgroup.com.au 2018 2018 2018 2016 2015 2015 Nominated Nominated Nominated Awarded Awarded Nominated Best Asian Best Asia-Based Best Global Be
Slide 21: Ascalon management team
Ascalon management team For personal use only Generation Development Group | gendevelopmentgroup.com.au Chuak Chan Andrew Hutson Delia Burrage New Key Hire Chief Executive Officer, Head of Investments Chief Operating Officer Head of Distribution Executive Director 30 years in fund management industr
Slide 22: Ascalon new fund launch
Ascalon new fund launch For personal use only GDG working with Ascalon to transform business from a principal to fiduciary investor Generation Development Group | gendevelopmentgroup.com.au New Fund will seed and accelerate Asia Pacific hedge Target New Fund size: funds in exchange for investment ma
Slide 23: Thank you!
For personal use only Generation Development Group | gendevelopmentgroup.com.au Thank you! This presentation has been prepared by Generation Development Group Limited ABN 90 087 334 370 (GDG). GDG believes that the information in this presentation is accurate and reliable, but no warranties of accur