Associate Global Partners Limited · ASX:APL
Associate Global Partners — Investor Presentation (February 2025)
26 slides from Associate Global Partners's investor presentation, Feb 26, 2025
Slide 1: Associate Global Partners Limited Investor Presentation February 2025
Associate Global Partners Limited (ASX: APL) Investor Presentation February 2025
Slide 2: Contents
Contents Page Number AGP and 1H FY25 Review 2 Investment Manager Partners 6 Financial Position and Performance 19 Strategic Priorities 22 Disclaimer 24 Contact details 25 01
Slide 3: AGP and 1H FY25 Review
AGP and 1H FY25 Review 02
Slide 4: About Associate Global Partners Limited
About Associate Global Partners Limited Associate Global Partners (AGP or the Group) is a multi-boutique asset management firm. Our purpose is to provide Australian investors with access to unique, world-class investment strategies that help them to achieve their financial objectives. At AGP, we par
Slide 5: Overview: 1H FY25 Operational Highlights and Initiatives
Overview 1H FY25 Operational Highlights and Initiatives • Continued FUM growth with established investment manager partnerships • The Group’s Funds Under Management (FUM) grew significantly to $1.721 billion at 31 December 2024 (31 December 2023: $1.147 billion). • The key driver of growth was the e
Slide 6: Experienced, High Calibre Management
Experienced, High Calibre Management Board with a deep bench of experience Nerida Campbell Jason Billings Ken Poutakidis Dr. Brett Cairns* Martin Switzer Independent Chair Independent Non-Executive Independent Non-Executive Non-Executive Chief Executive Officer and Director/ Deputy Chair Director Di
Slide 7: Investment Manager Partners
Investment Manager Partners 06
Slide 8: Group Product Suite
Group Product Suite An exceptional range of investment capabilities across asset classes Distributed Product Suite Distributed Product Suite The Large Cap and Small Cap Established in 2017, Vertium Asset The Switzer Dividend Growth Fund THB Asset Management (THB), portfolios are managed by WCM Manag
Slide 9: Growing Distribution Capability
Growing Distribution Capability The Group continues to build its marketing and distribution platform Direct Advised High Net Worth Consultants and Institutions Direct and retail broker Experienced distribution High Net Worth individuals, Platforms Engagement with channels including the and marketing
Slide 10: Growth in FUM since 2017
Growth in FUM since 2017 As at 31 December 2024, Associate Global Partners had FUM of $1.721 billion*. As at 25 February 2025, FUM totalled $1.761 billion. $2,000m Alternatives and other • The key drivers of growth during $1,800m strategies the reporting period included: $1,600m o the excellent over
Slide 11: Quarterly Net FUM Flows since 2017
Quarterly Net FUM Flows since 2017 Fund flows significantly improved in 1H FY25, with the Group delivering its largest net inflow since 2017 in Q2 FY25. AGP Net Quarterly FUM Flows $350m • Fund flows grew significantly in Q1 and Q2 FY25 delivering over $300m $300m in combined inflows. $250m • A comb
Slide 12: Quality Retail Investor Base
Quality Retail Investor Base As at 31 December 2024, Associate Global Partners proudly serves 11,927 unitholders and shareholders* across its product suite WCM Listed Products (includes WQG, WLS (until 31 December 2022) and Quoted Managed Fund) Income Products (includes Switzer Income Product Suite,
Slide 13: Global Equities – WCM Investment Management
Global Equities – WCM Investment Management Since partnering with Associate Global Partners in June 2017, WCM now has $1.096 billion in retail FUM in Australia serving over 10,000 retail and wholesale investors*. Product FUM Highlights • WQG, a listed investment company, reported a strong net operat
Slide 14: WCM Investment Management
WCM Investment Management A Proven World Class Investment Manager With improved market conditions and the enhancements made to AGP’s national distribution team over FY24 and FY25, there was significant focus • WCM Quality Global Growth on distribution and marketing activities to support WCM Large an
Slide 15: Large-Cap Track Record
Large-Cap Track Record Annualised returns of the WCM Quality Global Growth Equity Strategy Composite vs its benchmark. The Strategy has outperformed its benchmark on a 6 months, 1, 5 and 10-years basis and since inception. 45.12% 30.06% 21.88% 16.60% 17.07% 14.09% 14.61% 13.42% 12.89% 11.77% 10.67%
Slide 16: Small-Cap Track Record
Small-Cap Track Record Annualised returns of the WCM International Small Cap Growth Equity Strategy Composite vs its benchmark. The Strategy has outperformed its benchmark on a 6 months, 5-year basis and since inception. 15.07% 13.95% 14.45% 11.76% 8.67% 8.82% 9.10% 7.46% 4.47% 6 Months 1 Year 3 Yea
Slide 17: Vertium Asset Management
Vertium Asset Management Vertium Equity Income Fund • Since the announcement of its agreement with Vertium in June 2023, AGP has worked closely with Vertium to distribute the Vertium Fund to the private wealth market, continuing to build on the growth of the Vertium strategy. • Activities that have
Slide 18: Income Suite
Income Suite Switzer Dividend Growth Fund (Quoted Managed Fund) (ASX:SWTZ) • SWTZ aims to generate an above-market yield while maximising franking where possible and deliver capital growth over the long term. • Vertium has been the investment manager of SWTZ since 28 March 2024. • As at 31 December
Slide 19: Vinva Investment Management
Vinva Investment Management Global Systematic Equities Fund • Following the announcement of the establishment of a strategic partnership between Magellan Financial Group Limited (Magellan) and Vinva in August 2024, the Company and Specialised Private Capital Limited mutually agreed to cease the Dist
Slide 20: Financial Position and Performance
Financial Position and Performance 19
Slide 21: 1H FY25 Financial Performance
1H FY25 Financial Performance Strong momentum in 1H FY25 • The Group’s total revenue for the half-year to 31 December 2024 increased by 7.2% to $3,338,000 (31 December 2023: $3,115,000). This result was driven primarily by favourable market conditions and FUM growth. • Investment management, service
Slide 22: Strong Financial Position
Strong Financial Position $’000 31 December 2024 30 June 2024 ASSETS Current assets Cash and cash equivalents 4,257 4,183 Other current assets 1,705 2,076 • The Group’s cash balance as at 31 Total current assets 5,962 6,775 December 2024 was $4.257 million. Total non-current assets 6,387 6,451 Total
Slide 23: Strategic Priorities
Strategic Priorities ASSOCIATE GLOBAL PARTNERS AGP
Slide 24: Strategic Priorities: Well Positioned for Future Growth
Strategic Priorities Well Positioned for Future Growth Diversified product Growing distribution Launch new products and Financial suite footprint/ distribution consider new growth performance capability opportunities • Continue to grow FUM with the • Continued investments in AGP’s • Continue to laun
Slide 25: Disclaimer
Disclaimer This material has been prepared by Associate Global Partners Limited (ABN 56 080 277 998) (AGP) (Group) and comprises written materials/slides for a presentation concerning the Group. This is not a prospectus, disclosure document or offering document. The Group its officers, employees, ag
Slide 26: Contact Details
Contact Details MARTY SWITZER CEO and Managing Director Associate Global Partners Limited Level 12 2 Chifley Square Sydney, NSW, 2000 0407 297 702 (Marty Switzer) 1300 052 054 25
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