Keppel Ltd. · SGX:BN4
Keppel — Investor Day (August 2024)
12 slides from Keppel's investor day presentation, Aug 20, 2024
Slide 1: Building a leading global asset manager & operator
Building a leading global asset manager & operator Mr Loh Chin Hua, CEO, Keppel Ltd. Investor Day, 20 August 2024
Slide 2: We have taken bold steps to transform Keppel
We have taken bold steps to transform Keppel 1 What did we do? Before After: the new Keppel Harnessed our industrial Asset manager funding Balance sheet player roots to transform into a growth with FUM global asset manager and operator One horizontally Diverse conglomerate integrated company Lumpy t
Slide 3: Delivering winning value proposition to LPs
Delivering winning value proposition to LPs Established asset manager with over 20 years of track record, seasoned management team and well-known LP network $21.9b $30.5b 20% 2.0x $85b Funds raised Capital deployed Average internal Average equity Funds under from 2020-1H24 from 2020-1H24 rate of ret
Slide 4: Making strong progress towards our transformation goals
Making strong progress towards our transformation goals Pressing forward with asset monetisation Recurring income >$5.6b +85% $388m Announced cumulatively since Oct 2020, with target of $10-$12b by end-2026 $340m 75 30 $210m Capturing synergies from transformation 38 >$50m 310 313 172 Annual cost sa
Slide 5: Our asset-light strategy is bearing fruit
Our asset-light strategy is bearing fruit We are doing more with less, pursuing growth and improving returns to shareholders Since the start of 2022, total assets on balance sheet have decreased by 14% to $27.7b while FUM more than doubled to $85b, generating attractive fee income at an annualised F
Slide 6: Our growth will be funded by our FUM
Our growth will be funded by our FUM Propelling Keppel towards $200b FUM by 2030 with strong organic growth initiatives, including co-investments by our private funds, and opportunistic M&A Funds under Managementi Organic growth initiatives: Well positioned to seize $200b opportunities Private funds
Slide 7: We harness synergies from our operating platform to build strong competitive advantage
We harness synergies from our operating platform to build strong competitive advantage We create critical solutions and assets that address sustainable development needs while providing strong returns to our investors Solutions for a sustainable future Infrastructure Pathways to decarbonising assets
Slide 8: New Keppel is well positioned on our growth trajectory
New Keppel is well positioned on our growth trajectory Seizing opportunities from macrotrends We are meeting rising global demand for alternative real assets across infrastructure, 3 asset manager globally rd largest listed infrastructure 6 asset manager in APAC real estate and connectivity th large
Slide 9: Why invest in Keppel?
Why invest in Keppel? Our transformation is on track. We are in the right space, at the right time. Asset-heavy to asset-light Re-rating has begun • Accelerating FUM to fund growth opportunities • Full re-rating will happen as transformation Keppel: • Asset monetisation will enable co-investments co
Slide 10: The future is bright
The future is bright We will continue to build on Keppel’s unique value proposition as a global asset manager and operator to drive stronger returns for our Limited Partners and greater value for our shareholders © Keppel 10
Slide 11: Thank you
Thank you
Slide 12: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. THIS PRESENTATION SHALL NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL, SUBSCR