Pinnacle Investment Management Group Limited · ASX:PNI
Pinnacle Investment Management — ASX CEO Sessions 2016
15 slides from Pinnacle Investment Management's conference presentation, Nov 10, 2016
Slide 1: ASX cover letter for CEO Sessions presentation
Level 35 60 Margaret Street Sydney, NSW 2000 For personal use only www.pinnacleinvestment.com.au 10 November 2016 By Electronic Lodgement The Manager Company Announcements Office ASX Ltd 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam Pinnacle Investment Management Group Limited – Presentation Pinna
Slide 2: Pinnacle Investment Management Group Limited ASX CEO Session
For personal use only Pinnacle Investment Management Group Limited (ASX: PNI) ASX CEO Session 15 November 2016
Slide 3: Agenda
Agenda For personal use only Introduction to PNI FY16 financial results Pinnacle and its affiliated investment managers Aggregate funds under management (“FUM”) and revenue update Future growth 2
Slide 4: Introduction to PNI
Introduction to PNI For personal use only Very experienced investment professionals Australia’s premier ‘House of Affiliated Investment Managers’ Pinnacle owns equity stakes in seven investment management firms PNI, in its current form, came into existence in August 2016 (formerly Wilson Inv
Slide 5: FY16 Financial Results - Highlights
FY16 Financial Results - Highlights For personal use only Earnings per share from continuing operations of 5.2 cents, up 44% from 3.6 cents Pinnacle FUM of $19.8 billion at 30 June 2016, up 23% from $16.1 billion Special fully franked dividend of 5.0 cents per share paid on 9 September 2016
Slide 6: Pinnacle and its affiliated investment managers
Pinnacle and its affiliated investment managers For personal use only 5
Slide 7: Total shareholder returns
Total shareholder returns – 3 years, value of $1 For personal use only 64.72% total return 6
Slide 8: Progress to Date – FY17
Progress to Date – FY17 For personal use only FUM net inflows strong – $1.2 billion to 30 Sep 2016 Retail net inflows of $411 million to 30 Sep 2016 (not including $313 million for Antipodes LIC received in Oct 2016 ) Shareholder discussions – benefits of multi affiliate model well understood
Slide 9: Pinnacle and affiliates continue to win major industry awards
Pinnacle and affiliates continue to win major industry awards For personal use only Zenith – Professional Planner Fund Manager of the Year Awards, September 2016: • Pinnacle – Fund Distributor of the Year • Resolution Capital – Global REIT Fund Manager of the Year • Antipodes – International Equit
Slide 10: Consistent growth in FUM
Consistent growth in FUM For personal use only Pinnacle funds under management ($bn) Excludes Antipodes LIC 24.00 21.8 22.00 19.8 20.00 18.00 16.1 16.00 14.00 12.3 12.00 10.9 10.3 10.0 10.00 7.9 8.00 6.00 4.4 4.00 3.5 1.7 2.00 - 30 Jun 07 30 Jun 08 30 Jun 09 30 Jun 10 30 Jun 11 30 Jun 12 30 Jun 13 3
Slide 11: Consistent growth in affiliated IM revenues
Consistent growth in affiliated IM revenues For personal use only Total Affiliated IM revenues ($m at 100%) – 12 month periods and FY17 YTD 100.00 92.8** 90.00 80.00 72.0* 70.00 60.00 55.7 Q1 revenues 50.00 47.1 only. No performance 37.9 38.6 fees included 40.00 30.00 28.0 24.2*** 20.00 16.0 14.4 10
Slide 12: Strong Investment Performance of Affiliates
Strong Investment Performance of Affiliates For personal use only 100% of Pinnacle Affiliated Investment Manager strategies and products have out performed their benchmarks over the 5 years to 30 Sep 2016 Inception 5Y 10Y Inception date Pinnacle Investment Management - Gross Performance Hyperion A
Slide 13: Growth Horizons
Growth Horizons For personal use only Horizon 3 • Must not place the company at risk Horizon 2 • Only consider if low risk and high return • New affiliated on invested capital boutiques and Horizon 1 ‘non-capital’ parent • Exercise great care growth initiatives and careful due • Sustain organic (dir
Slide 14: PNI – In Summary
PNI – In Summary For personal use only Now a ‘pure play’ investment management company In a great industry, set to go from $2 trillion to $8 trillion Seven ‘best of breed’ investment management firms Awarded and well recognised in our industry Strong momentum Further growth ahead, from m
Slide 15: Disclaimer
Disclaimer For personal use only • This presentation has been prepared by Pinnacle Investment Management Group Limited (PNI). The information in this presentation is current as at 15 November 2016. • This presentation is not an offer or invitation for subscription or purchase of securities or a reco
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