Income Asset Management Group Limited · ASX:IAM
Income Asset Management — Investor Presentation (October 2024)
19 slides from Income Asset Management's investor presentation, Oct 8, 2024
Slide 1: IAM Group Investor Presentation
IAM Group For personal use only Investor Presentation October 2024 Income Asset Management Group Limited ACN 010 653 862 (ASX: IAM)
Slide 2: Disclaimer
Disclaimer This document dated October 2024 has been prepared by Income Asset Management Group Limited (Company) and is provided for information purposes only. This document does not constitute an offer, invitation, solicitation or For personal use only recommendation with respect to the purchase or
Slide 3: Executive Summary
Executive Summary In just 3 years IAM has scaled to $2 billion in Capital Markets FUA1 and 2000+ client accounts. The agreement with Perpetual For personal use only provides a significant cost reduction and revenue initiatives will drive growth. Transformative Agreement with Perpetual Corporate Trus
Slide 4: Entering Horizon – Focus on Scaling and Growing Profitably
Entering Horizon 3 – Focus on Scaling and Growing Profitably For personal use only Horizon 3 2025+ Building scale and growing Horizon 2 profitably 2022-2024 Emerging Horizon 1 2020-2021 Growth Start-up/Re-branding Time
Slide 5: The Path To Profitability
The Path To Profitability In early 2021, IAM began implementing a new strategic direction for the group. In 2024 the firm will outsource administration – to For personal use only drive profitability. April 2020 May 2022 2024 Oct 2024 Cashwerkz board RBA raises cash Partnerships formalised IAM announ
Slide 6: Strategic Rationale
Strategic Rationale Reset the business to focus on our core fixed income offering, materially reduce costs and strengthen the For personal use only revenue potential by allowing IAM to allocate resources towards sales and growth. Focus on Fixed Growing our Partnership with Perpetual Corporate Trust
Slide 7: IAM Overview
For personal use only IAM Overview
Slide 8: Company Overview
Company Overview For personal use only Board & Management Title % Ownership Top 10 Shareholders Shares Held % of Issued Brook Adcock 59,348,475 17.9% Executive Chairman John Nantes 3.4% Regal Funds Management Pty Ltd 41,004,692 12.4% Chief Executive Officer Jon Lechte 5.0% Michael Hackett 19,085,186
Slide 9: IAM Leadership Team
For personal use only IAM Leadership Team Jon Lechte James Shillington Kyle Lambert Jenna Labib CEO, IAM Group Co-Head Capital Markets Co-Head Capital Markets Head of Sales Jon has more than 30 James is a fixed interest Kyle is Executive Director Jenna Labib is Head of Sales at years’ experience in
Slide 10: About IAM
About IAM We provide investors with access to the OTC and listed bond market across both primary and secondary market transactions. For personal use only Overview: We believe IAM is a market leader in secondary trade, largely due to our growing client base and extensive number of liquidity provide
Slide 11: Comprehensive Fixed Income Solution
Comprehensive Fixed Income Solution We are well established in the fixed income market, For personal use only providing income solutions for all "risk vs reward" appetites. We continue to engage with our business partners, to Bond increase the deal flow with their clients. Already this group Tra
Slide 12: Diversified lines of business revenue
Diversified lines of business revenue An Australian fixed income house, building an investor base capable of placing institutional sized deals. For personal use only Debt Capital Markets Secondary Investment Direct loan Trustee (DCM) Grade investments Debt capital markets - Over 2000 wholesale
Slide 13: Select Transaction Experience
Select Transaction Experience* Primary Public Bond (IAM Participation) For personal use only ANZ 6.124 39s NAB 6.342 39s MQGAU Float HSBC Mar 34 QBE Float 35s LLOYDS Float $1.9B $800M $900M $850m $400m $500m IAM: $180M IAM: $125M IAM: $80M IAM: $70M IAM: $50M IAM: $35M Corporate Loan (IAM Participat
Slide 14: Two trends are emerging driving confidence towards profitability
Two trends are emerging driving confidence towards profitability Revenue quality is improving off the back of continued growth Cost reductions through external administration will enable For personal use only in client accounts and secondary trading activity. better customer experience at significan
Slide 15: Organic growth drivers & initiatives
Organic growth drivers & initiatives For personal use only Distribution partners Expand network through existing and new distribution partners IAMs partnership with Perpetual will not only be a cost benefit. The company believes that existing clients will invest Existing clients more capital driven
Slide 16: Product growth initiatives
Product growth initiatives For personal use only Syndicated Loans & Direct Single-Bond Exchange Traded Residential Mortgage Backed Credit Funds Securities (RMBS) IAM is targeting large senior secured bank syndicated term loans to large Listed Single Bond ETFs offer investors corporates with signific
Slide 17: Large Potential Opportunity as Hybrids Cease in 2027
Large Potential Opportunity as Hybrids Cease in 2027 Single bond ETFs can provide easy access for wholesale and retail investors to the debt markets For personal use only Opportunity Bank subordinated bonds or "Tier 2" (T2) sit above Tier 1 or Hybrids in the capital stack, yet can trade at similar
Slide 18: Investment Overview
Investment Overview Looking ahead, IAM is well positioned to take advantage of strong tailwinds in the fixed income sector For personal use only Individual investor appetite for fixed income product is growing, supported by more people moving to Strong Industry the retirement phase of superannuation
Slide 19: Contact us
For personal use only Contact us P: 1300 784 132 E: sales@incomeam.com W: incomeam.com
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