Pinnacle Investment Management Group Limited · ASX:PNI

Pinnacle Investment Management — Wilsons Advisory Rapid Insights Conference 2017

15 slides from Pinnacle Investment Management's conference presentation, Nov 9, 2017

  1. Slide 1: Pinnacle Investment Management Group Limited – Presentation

    9 November 2017 By electronic lodgement The Manager Company Announcements Office ASX Ltd 20 Bridge Street SYDNEY NSW 2000 Pinnacle Investment Management Group Limited – Presentation Pinnacle Investment Management Group Limited is pleased to attach a copy of a presentation that will be given to inves

  2. Slide 2: Pinnacle Investment Management Group Limited (PNI)

    Pinnacle Investment Management Group Limited (PNI) Alan Watson and Ian Macoun Wilsons Advisory – Rapid Insights Conference 9 November 2017

  3. Slide 3: Update at 9th November 2017

    Update at 9th November 2017 • Annual Results Presentation just over 2 months ago. • Updating on FUM, Investment Performance, and Industry Awards • Discussion of Medium Term Focus to maximise profits and company value 1

  4. Slide 4: FUM and Net FUM Inflows

    FUM and Net FUM Inflows • FUM at 31 October 2017 $28.6 billion (up $2.1 billion or 7.8% on $26.5 billion at 30 June 2017). • These numbers exclude Metrics Credit FUM of in excess of $2.5 billion, and exclude the Metrics Credit LIT which raised $516m during October 2017. Note: Metrics Credit FUM are

  5. Slide 5: Funds Under Management – October 2017

    Funds Under Management – 31 October 2017 3

  6. Slide 6: Pinnacle Affiliates continue to win major industry Awards

    Pinnacle Affiliates continue to win major industry Awards Morningstar Fund Manager of the Year Awards, 2016:  Hyperion – Australian Fund Manager of the Year  Hyperion – Domestic Equities Category Winner, Australia  Hyperion – Domestic Equities Small Caps Category Winner, Australia Lonsec/Money Ma

  7. Slide 7: Continuing Strong Investment Performance of Affiliates

    Continuing Strong Investment Performance of Affiliates 100% of Pinnacle Affiliated Investment Manager strategies and products (with a track record exceeding 5 years) have out performed their benchmarks over the 5 years to 31 October 2017 5Y 10Y Inception Inception Date Pinnacle Investment Management

  8. Slide 8: Affiliates’ investment performance to 31 October 2017

    Affiliates’ investment performance to 31 October 2017 1Y 3Y 5Y Inception Inception Date Pinnacle Investment Management Hyperion Asset Management – Gross Performance Hyperion Australian Growth Companies Fund 10.89% 9.31% 14.72% 12.35% 01/10/2002 Outperformance -5.03% 2.28% 4.54% 3.09% Hyperion Small

  9. Slide 9: Affiliates’ investment performance to 31 October 2017

    Affiliates’ investment performance to 31 October 2017 1Y 3Y 5Y Inception Inception Date Pinnacle Investment Management Resolution Capital – Gross Performance Resolution Capital Core Plus Property Securities Fund 8.84% 12.21% 13.65% 8.47% 30/09/2008 Outperformance 2.64% 2.08% 1.61% 2.80% Resolution C

  10. Slide 10: Focus On Managing the Business so as to Maximise Profits and Company Value

    Focus On Managing the Business so as to Maximise Profits and Company Value Over the Medium Term • We have built Pinnacle to date by taking a Medium Term approach • Make decisions and release information when it is reliable and representative of ‘real’ or genuine trends • Selection process, quality c

  11. Slide 11: Focus On Managing the Business so as to Maximise Profits and Company Value

    Focus On Managing the Business so as to Maximise Profits and Company Value Over the Medium Term • How does ‘Horizon 2’ add value in the Medium Term? • Investment in growth initiatives that don’t require additional capital to be raised • Reasonable limits to be set given short-term ‘drag’ on Pinnacle

  12. Slide 12: Focus On Managing the Business so as to Maximise Profits and Company Value

    Focus On Managing the Business so as to Maximise Profits and Company Value Over the Medium Term Horizon 2 examples undertaken in last 12 months: • Seeded Two Trees Global Macro Fund on 1 November 2017 with $5m • Promising discussions with early-stage investors • Established Dublin-domiciled UCITS fu

  13. Slide 13: Focus On Managing the Business so as to Maximise Profits and Company Value

    Focus On Managing the Business so as to Maximise Profits and Company Value Over the Medium Term • Ongoing expansion of domestic distribution platform • Adding marketing ‘capital markets’ expertise to accelerate launch of listed offerings (e.g. LICs, LITs, EQMFs) • Continued expansion of ‘internal wh

  14. Slide 14: Recap on Horizon Criteria – What could we acquire?

    Recap on Horizon 3 Criteria – What could we acquire? Criteria • Must not place the Company at risk • Only consider if low risk and high return on capital • Exercise great care and careful due diligence • Must be synergistic with existing core • Few will meet this test Status • No (pure) Horizon 3 in

  15. Slide 15: Summary

    Summary • Maintain current momentum and investment to deliver medium term growth • Maintain culture – attract exceptional individuals to our business • Continue to deliver growth within existing affiliates • Continue to assess high quality new affiliate opportunities • Calendar • AGM – 23 November 2

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