Value Partners Group Limited · HKEX:806
Value Partners — H1 2016 Earnings Presentation
13 slides from Value Partners's earnings presentation, Aug 16, 2016
Slide 1: 2016 Interim Results
Value Partners Group Limited Incorporated in the Cayman Island with limited liability A company listed on the Hong Kong Stock Exchange Stock code: 806 HK 2016 Interim Results For the period ended 30 June 2016 Results Presentation, 16 August 2016 Strictly Private and Confidential
Slide 2: Disclaimer
Strictly Private and Confidential Disclaimer This document has been prepared by Value Partners Group Limited (the "Company") solely for use at the presentation. The information contained in this presentation has not been independently verified. No representation or warranty, express or implied, is m
Slide 3: Financial highlights
Financial highlights By Icy Wong Head of Finance 3
Slide 4: Heightened market volatility
Strictly Private and Confidential Heightened market volatility Concerns on China Feeble growth in major economies UK: 0.6% EU: 0.3% • Economic growth China • Debt burden US: 1.2% Japan: 0.5% Latest GDP growth* Historically low yields The Brexit vote EU: key interest US: interest UK: cut interest rat
Slide 5: Assets under management
Strictly Private and Confidential Assets under management Value Partners’ AUM stood at US$13.3 billion as of 30 June 2016 Reasons of AUM decline (US$ billion) • Net outflow of US$1.3 billion 20.0 (1H 2015: net inflow of 15.6 US$3.2 billion; 15.0 12.9 13.3 2H 2015: net inflow of 10.5 7.2 8.5 US$0.8 b
Slide 6: Key highlights
Strictly Private and Confidential Key highlights (In HK$ million) 1H 2016 1H 2015 % Change Profit attributable to owners of the Company 5.0 445.7 -99% Total revenue 729.6 924.8 -21% Gross management fees 529.2 548.8 -4% Gross performance fees 5.2 229.2 -98% Total expenses (241.0) (257.7) -6% Operati
Slide 7: Stringent cost control
Strictly Private and Confidential Stringent cost control Breakdown of total expenses Fixed cost coverage ratio (HK$ million) Total (HK$ million) 300 expenses 400 258 10 241 12 19 348 9 309 200 22 91 44 3.0x 2.8x 2.3x 200 14 44 100 40 136 Fixed 115 91 103 expenses 0 0 1H 2015 1H 2016 1H 2015 1H 2016
Slide 8: Business review
Business review By Timothy Tse Chief Executive Officer 8
Slide 9: Establish global presence
Strictly Private and Confidential Establish global presence Hong Kong - our headquarters • Deepen penetration of existing distributors • Add more products onto Overseas markets product shelves • UK: • Expand private banking network • Set up local office and staff force in the United Kingdom • Act as
Slide 10: Diversify product range
Strictly Private and Confidential Diversify product range By Asset Class Equity Fixed Income Multi Asset • Launched a (VP Classic Fund) (VP Greater China (VP Multi-Asset preference share fund High Yield Income Fund) • More fixed income Fund) funds in the pipeline 1993 2012 2015 2016 & thereafter By
Slide 11: Two important hires
Strictly Private and Confidential Two important hires Roger HEPPER Group Chief Operating Officer o Oversees the overall infrastructure of UNITED KINGDOM the Group, covering technology and operations, risk and controls, as well as middle-office coordination across the Group’s Hong Kong headquarters a
Slide 12: Appendix: biographies
Strictly Private and Confidential Appendix: biographies Roger HEPPER Group Chief Operating Officer o Oversees the overall infrastructure of the Group, covering technology and operations, risk and controls, as well as middle-office coordination across the Group’s Hong Kong headquarters and overseas o
Slide 13: Investor relations contact
Strictly Private and Confidential Investor relations contact Value Partners Group Limited 9th Floor, Nexxus Building 41 Connaught Road Central, Hong Kong www.valuepartners-group.com Ms. Icy Wong Head of Finance Email: icywong@vp.com.hk Tel: (852) 2143 0464 Follow us on WeChat LinkedIn 13