UBS Emerging Markets Equity Opportunity Fund Class P2 · NASDAQ:EMPTX
UBS Emerging Markets Equity Opportunity Fund Class P2 — UBS — Investor Day (November 2011)
14 slides from UBS Emerging Markets Equity Opportunity Fund Class P2's investor day presentation, Nov 17, 2011
Slide 1: Wealth Management Americas Investor Day 2011
Investor Day 2011 Wealth Management Americas Robert McCann CEO Wealth Management Americas November 17, 2011
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: Key messages
Key messages We are reconfirming our client-focused and advisor-centric strategy Our growth will be driven by three key areas — banking and lending, advice-based solutions and delivering the firm We are confident that we will achieve our targets 2
Slide 4: Reconfirming our strategy
Reconfirming our strategy Unique positioning and global reach provide optimal size and agility Circle size reflects invested assets1 35% Private bank / = USD 500 billion trust models 30% UBS 25% WMA + WM Profit margin1 20% A Future Scale-driven C firms 15% (US peers) 10% WMA B 5% 0% 0 2,000 4,000 6,
Slide 5: Executing our strategy
Executing our strategy (USD1) 9M09 9M11 9M11 vs 9M09 Invested assets (billion) 667 715 7% Revenues (million) 3,777 4,460 18% Pre-tax profits2 (million) (133) 444 NM Non-FAs 10,391 9,333 (10%) Financial advisors 7,286 6,913 (5%) % FA attrition rate >250,0003 17.2% 3.6% NM Invested assets
Slide 6: Industry-leading advisor productivity
Industry-leading advisor productivity Substantial and consistent improvement since 3Q09 931 893 884 895 837 855 854 767 785 747 Revenue 683 662 650 647 per FA 612 (USD thousand) 513 3Q09 1Q11 2Q11 3Q11 112 113 102 103 93 92 97 97 98 90 90 84 Invested 73 74 69 assets per FA (USD million) 37 3Q09 1Q11
Slide 7: Key messages
Key messages We are reconfirming our client-focused and advisor-centric strategy Our growth will be driven by three key areas — banking and lending, advice-based solutions and delivering the firm We are confident that we will achieve our targets 6
Slide 8: Banking opportunity—lending & mortgages
Banking opportunity—lending & mortgages Top 300,000 households1,2 Assets Liabilities USD 50 billion in mortgage balances 21% • 16,000 clients have USD 20 39% billion in jumbo and super- 61% jumbo mortgages3 not held 79% with UBS • 47% have not refinanced in two years Held at UBS Held outside UBS 1 H
Slide 9: Banking opportunity—credit line balances
Banking opportunity—credit line balances Continued focus on HNW & UHNW segments has resulted in significant credit line balance and NNM increases since 2009 Significant Credit line balances – HNW & UHNW segments client opportunity 41% • Balances with HNW & 17.8 UHNW clients have grown over 41% 16.0
Slide 10: Evolution of advisor focus
Evolution of advisor focus Portfolio Wealth Transactions Investments management management • Revenue • Revenue mainly • Majority of • Revenue Description concentrated in split between revenues in fee- concentrated in fee- transactional transactional based business2 based business2 products1 products
Slide 11: Delivering the firm
Delivering the firm We are positioned to be the provider of choice for companies, their employees and families Client needs analysis Individual Employee Corporation Corporate Global Asset Wealth Management Investment Banking Services Management We are gaining traction … … and just beginning to tap p
Slide 12: Key messages
Key messages We are reconfirming our client-focused and advisor-centric strategy Our growth will be driven by three key areas — banking and lending, advice-based solutions and delivering the firm We are confident that we will achieve our targets 11
Slide 13: We are confident we will achieve our targets
We are confident we will achieve our targets1 Recent success supports confidence in growth ambitions Gross margin Cost / income ratio Annual NNM growth (bps) (%) (%) 102 81 99 2-4 80 75-85 2.0 78 90 80-90 (0.9) (1.8) 2009 2010 3Q11 Target 2009 2010 3Q11 Target 2009 2010 3Q11 Target YTD YTD 1 Annual
Slide 14: Key messages
Key messages We are reconfirming our client-focused and advisor-centric strategy Our growth will be driven by three key areas — banking and lending, advice-based solutions and delivering the firm We are confident we will achieve our targets 13