Delivering sustainable global growth

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Delivering sustainable global growth"

Transcription

1 Delivering sustainable global growth Driving profits by growing third party assets Keith Skeoch CEO, Standard Life Investments

2 This presentation may contain certain forward-looking statements with respect to certain of Standard Life's plans and its current goals and expectations relating to its future financial condition, performance, results, strategy and objectives. Statements containing the words believes, intends, expects, plans, pursues, seeks and anticipates, and words of similar meaning, are forward-looking. By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances which are beyond Standard Life's control including among other things, UK domestic and global economic and business conditions, market related risks such as fluctuations in interest rates and exchange rates, and the performance of financial markets generally; the policies and actions of regulatory authorities, the impact of competition, inflation, and deflation; experience in particular with regard to mortality and morbidity trends, lapse rates and policy renewal rates; the timing, impact and other uncertainties of future acquisitions or combinations within relevant industries; and the impact of changes in capital, solvency or accounting standards, and tax and other legislation and regulations in the jurisdictions in which Standard Life and its affiliates operate. This may for example result in changes to assumptions used for determining results of operations or re-estimations of reserves for future policy benefits. As a result, Standard Life s actual future financial condition, performance and results may differ materially from the plans, goals, and expectations set forth in the forward-looking statements. Standard Life undertakes no obligation to update the forwardlooking statements contained in this presentation or any other forward-looking statements it may make. BoAML Investor Presentation September

3 Delivering sustainable global growth Driving profits by growing third party assets

4 About Standard Life Investments Our global operations Active asset manager Total assets under management (AUM) of 178.8bn Third party AUM of 93.4bn Broad and diversified range of capabilities: Equities Fixed income Real estate Headquartered in Edinburgh More than 1,000 talented professionals Offices in Edinburgh, London, Dublin, Montreal, Boston, Mumbai, Beijing, Hong Kong, Seoul, Sydney and Tokyo Private equity Multi-asset solutions Risk-based funds (MyFolio) Our investors rank among some of the world s most sophisticated and high profile institutions A leading asset manager with expanding global reach BoAML Investor Presentation September

5 Track record of strong and profitable growth bn Third party net inflows bn 90 Third party AUM m m 450 Revenue 160 EBIT Sustained record of strong growth in constantly evolving markets BoAML Investor Presentation September

6 H Update Standard Life Group Group assets under administration of 232.8bn (FY 2012: 218.1bn) Group net flows of 6.5bn (H1 2012: 0.7bn) Fee based revenue increased by 14% to 694m (H1 2012: 610m) Operating profit before tax up 6% to 304m (H1 2012: 286m) including: UK operating profit up 28% to 161m Standard Life Investments operating profit up 37% to 93m with EBIT margin up to 38% Standard Life Investments Third party net flows of 7.1bn (H1 2012: 0.6bn) an annualised 17% of opening AUM, including: 3.6bn or 51% from outside the UK US net inflows of 1.4bn Third party AUM up 13% to a record 93.4bn (from just 5.9bn in 1998) Representing over 50% of total AUM of 178.8bn Average fee revenue on third party business up to 43bps (FY 2012: 40bps) Strong investment performance BoAML Investor Presentation September

7 Our investment philosophy Focus on Change: the philosophy behind our investment decisions Helps analyse key factors driving market price of an investment and to identify the drivers that the wider market may have missed Five key questions: BoAML Investor Presentation September

8 Our investment process is delivering results Robust and repeatable performance Funds above benchmark: 1 year: 92% 3 years: 91% 5 years: 82% Suite of multi-asset funds outperformed their cash benchmark over all key time periods since inception Two funds in the top three best performing in 2012 across 2,883 open ended funds available in the UK Strong and stable teams Our House View Risk management, controls and integrity Stewardship and ESG (environmental, social and governance issues) BoAML Investor Presentation September

9 Broad and expanding investment capability 3 rd party net flows by asset class 3 rd party AUM by asset class 1 1. As at 30 June 2013 Asset class and channel diversity Improved net flow performance across all asset classes Good mix of net flows between wholesale (47%) and institutional (53%) business UK wholesale highest net sales in the industry in Q and Q Some of the best retention rates in the industry redemptions of just 14% of opening AUM Innovation and client demand driving new and upcoming fund launches Second local currency Global Emerging Markets Debt fund launched John Hancock Global Conservative Absolute Return Fund managed by Standard Life Investments launched in US in July 2013 US Monthly Income Fund launched in Canada in July 2013 Launches scheduled for later this year: Enhanced-Diversification Equities Fund (innovative approach to delivering a better risk/return balance aimed initially at institutional market) Enhanced-Diversification Growth Fund (multi-asset solution targeting the DC channel) Developing our multi-asset and risk-based funds products Investing in core operational and technology infrastructure to support growth BoAML Investor Presentation September

10 Leveraging our investment expertise globally 3 rd party net flows by geography 3 rd party AUM by geography 1 Broadening geographic reach 3.6bn, or 51%, of net flows in H from outside the UK Assets managed by John Hancock exceed US$3.5bn Increased institutional client base in UK and Europe by 9% Pipeline of institutional business across a range of asset classes remains good Extending our reach with expansion in Boston, Hong Kong and London Benefiting from strategic partnerships Our joint venture, HDFC AMC, is the largest mutual fund company in India Sumitomo Mitsui Trust Bank is one of the largest trust banks in Japan John Hancock Mutual Funds Standard Life Group leveraging internal distribution Key investment partner in the UK wholesale market and the corporate pensions market Global investment products for Canadian market Opportunities in Asia & Emerging Markets and Europe 1. As at 30 June 2013 BoAML Investor Presentation September

11 Summary A leading asset manager with expanding global reach Sustained record of strong and profitable growth in constantly evolving markets Focus on Change philosophy driving investment performance Diversified and expanding investment capability through innovation Increasing channel diversity Leveraging our investment expertise globally across the Group and through partnerships Investing in our people and technology to support growth BoAML Investor Presentation September

12 What has contributed to our recent success? Clients are increasingly recognising the benefits of managers who take a long-term approach to investing and provide investment solutions designed to meet their requirements. I am confident that Standard Life Investments will continue its global growth and am committed to providing clients with a range of innovative investments solutions designed to meet their investment goals. Keith Skeoch, CEO, Standard Life Investments 14 March 2013 BoAML Investor Presentation September

13 Appendix

14 Strong revenue growth driving Standard Life Investments profit Operating profit before tax H H m m Fee based revenue Maintenance expenses (164) (135) Share of JVs and associates operating profit before tax Operating profit Interest and exchange rate movements Earnings before interest and tax (EBIT) (1) EBIT 66m 68m 92m H H H Third party net flows Third party AUM Third party revenue bps EBIT margin 0.6bn 7.1bn 83.0bn 93.4bn 40bps 43bps 35% 38% H H FY 2012 H FY 2012 H H H BoAML Investor Presentation September

Standard Life Investments strengthens strategic position through acquisition of Ignis Asset Management

Standard Life Investments strengthens strategic position through acquisition of Ignis Asset Management For release at 07:00 (UK time) 26 March 2014 Standard Life Investments strengthens strategic position through acquisition of Ignis Asset Management Acquisition of Ignis Asset Management by Standard Life

More information

Standard Life plc Half year results 2015 4 August 2015

Standard Life plc Half year results 2015 4 August 2015 Standard Life plc Half year results 2015 4 August 2015 Focus on fee business driving growth and performance Fee based revenue, including Ignis, up 17% to 761m with 95% of income now fee based Assets under

More information

Standard Life plc. Solvency II and capital insight session

Standard Life plc. Solvency II and capital insight session Standard Life plc Solvency II and capital insight session This presentation may contain certain forward-looking statements with respect to certain of Standard Life's plans and its current goals and expectations

More information

AXA INVESTMENT MANAGERS

AXA INVESTMENT MANAGERS AXA INVESTMENT MANAGERS Entering a new phase of growth Investor Day November 20, 2014 Andrea ROSSI CEO AXA Investment Managers Member of the AXA Group Executive Committee Certain statements contained herein

More information

Schroders plc Bernstein Strategic Decisions Conference 1 October 2013

Schroders plc Bernstein Strategic Decisions Conference 1 October 2013 Schroders plc Bernstein Strategic Decisions Conference 1 October 2013 Massimo Tosato Executive Vice Chairman Schroders: a global business with AUM of over 255bn Depth and strength of investment resource:

More information

Fund Guide. UK Equity Income Unconstrained Fund. October 2015

Fund Guide. UK Equity Income Unconstrained Fund. October 2015 Fund Guide UK Equity Income Unconstrained Fund October 2015 This document is for investment professionals only and should not be distributed to or relied upon by retail Usage statementclients. It is only

More information

Morgan Stanley 10th Annual European Financials Conference. Mark Wilson Chief Executive Officer. March 2014

Morgan Stanley 10th Annual European Financials Conference. Mark Wilson Chief Executive Officer. March 2014 Morgan Stanley 10th Annual European Financials Conference Mark Wilson Chief Executive Officer March 2014 1 Disclaimer Cautionary statements: This should be read in conjunction with the documents filed

More information

The Group s MCEV will increase by 237 million to 2,615 million (pro forma as at 31 December 2013 1 )

The Group s MCEV will increase by 237 million to 2,615 million (pro forma as at 31 December 2013 1 ) Phoenix Group Holdings announces the divestment of Ignis Asset Management Limited to Standard Life Investments (Holdings) Limited for 390 million and the commencement of a long term strategic asset management

More information

UBS Global Financials Conference

UBS Global Financials Conference UBS Global Financials Conference George Culmer, Group CFO Simon Lee, CEO International 11 May 21 AGENDA Overview George Culmer, CFO UK International Simon Lee, CEO International Emerging Markets Wrap up

More information

Old Mutual Acquisition of United Asset Management. 19 June 2000

Old Mutual Acquisition of United Asset Management. 19 June 2000 Old Mutual Acquisition of United Asset Management 19 June 2000 0 Speakers Johannesburg Mike Levett Old Mutual - Chairman and C.E.O. London Eric Anstee Old Mutual - Group Finance Director Boston James F.

More information

CIBC Grows Asset Management Business with Investment in American Century Investments. July 15, 2011

CIBC Grows Asset Management Business with Investment in American Century Investments. July 15, 2011 CIBC Grows Asset Management Business with Investment in American Century Investments July 15, 2011 A Note about Forward-Looking Statements From time to time, we make written or oral forward-looking statements

More information

LSEG Information Services Division. Investor and Analyst presentation. Mark Makepeace Group Director of Information Services, CEO of FTSE

LSEG Information Services Division. Investor and Analyst presentation. Mark Makepeace Group Director of Information Services, CEO of FTSE LSEG Information Services Division Investor and Analyst presentation Mark Makepeace Group Director of Information Services, CEO of FTSE 1 Table of Contents SECTION 1) Introduction by Xavier Rolet (CEO,

More information

PHOENIX GROUP: IGNIS ASSET MANAGEMENT PRESENTATION. Phoenix Group is today holding a Capital Markets Event to focus on Ignis Asset Management.

PHOENIX GROUP: IGNIS ASSET MANAGEMENT PRESENTATION. Phoenix Group is today holding a Capital Markets Event to focus on Ignis Asset Management. For immediate release, Monday 17 October 2011 PHOENIX GROUP: IGNIS ASSET MANAGEMENT PRESENTATION Phoenix Group is today holding a Capital Markets Event to focus on Ignis Asset Management. Chris Samuel,

More information

Leadership in life insurance. April 2015

Leadership in life insurance. April 2015 Leadership in life insurance April 2015 Agenda Industry overview and outlook Company strategy and performance Embedded value results 2 Agenda Industry overview and outlook Company strategy and performance

More information

Frequently Asked Questions Q3 2006

Frequently Asked Questions Q3 2006 Frequently Asked Questions Q3 2006 1. Were there any unusual or one-time items in your Q3 results? CIBC s reported diluted earnings per share (EPS) for the third quarter were $1.86. Our EPS was increased

More information

Comprehensive Fixed Income Solutions

Comprehensive Fixed Income Solutions Comprehensive Fixed Income Solutions for Institutional Investors June 2015 The document is intended for institutional investors and investment professionals only and should not be distributed to or relied

More information

Leadership in life insurance. October 2013

Leadership in life insurance. October 2013 Leadership in life insurance October 2013 Agenda Industry overview and outlook Performance update Our strategy 2 Agenda Industry overview and outlook Performance update Our strategy 3 India life insurance

More information

Capital management. Philip Scott, Group Finance Director

Capital management. Philip Scott, Group Finance Director Capital management Philip Scott, Group Finance Director Disclaimer This presentation may include oral and written forward-looking statements with respect to certain of Aviva s plans and its current goals

More information

Standard Life plc. www.standardlife.com

Standard Life plc. www.standardlife.com UKSFR10 0411 2011 Standard Life, images reproduced under licence Calls may be monitored and/or recorded to protect both us and you and help with our training. Call charges may vary. Standard Life plc is

More information

Direct Line Insurance Group plc Trading Update for the first quarter of 2016

Direct Line Insurance Group plc Trading Update for the first quarter of 2016 Direct Line Insurance Group plc Trading Update for the first quarter of 4 May Direct Line Group s Trading Update relates to the first quarter ended ch, and contains information to the date of publication.

More information

GLOBAL WEALTH & INSURANCE. September 25, 2013

GLOBAL WEALTH & INSURANCE. September 25, 2013 GLOBAL WEALTH & INSURANCE September 25, 2013 Global Wealth & Insurance Investor Day September 2013 Introduction Peter Slan Senior Vice President Investor Relations Scotiabank Investor Day Series Global

More information

Aviva General Insurance Digital, analytics and opportunities to grow underwriting profits

Aviva General Insurance Digital, analytics and opportunities to grow underwriting profits Aviva General Insurance Digital, analytics and opportunities to grow underwriting profits Maurice Tulloch Chairman Global, General Insurance and CEO, UK&I GI 49 Aviva General Insurance at a glance Cash

More information

Phoenix Group Holdings: Q1 2015 Interim Management Statement 24 April 2015

Phoenix Group Holdings: Q1 2015 Interim Management Statement 24 April 2015 Phoenix Group announces cash generation of 87 million in the three months to 31 March 2015 and remains on track to meet all its financial targets Financial and operational highlights in the three months

More information

Mike Biggs Group Finance Director. Catching the wave of bancassurance

Mike Biggs Group Finance Director. Catching the wave of bancassurance Mike Biggs Group Finance Director Catching the wave of bancassurance European financials and the search for growth Goldman Sachs Banking and Insurance Conference Venice June 2002 Disclaimer This presentation

More information

Asset Management Executing our strategy

Asset Management Executing our strategy Asset Management Executing our strategy Analyst & Investor Conference, London June 19, 2013 Sarah Russell Chief Executive Officer Asset Management Philip Smith Chief Financial Officer Asset Management

More information

International Personal Finance. Debt Investor Update

International Personal Finance. Debt Investor Update International Personal Finance Debt Investor Update April 2015 International Personal Finance Profitable business and strong track record A tested and resilient home credit business model Digital business

More information

Merrill Lynch conference Living in a 1% world 8 October 2003. Richard Harvey. Group Chief Executive

Merrill Lynch conference Living in a 1% world 8 October 2003. Richard Harvey. Group Chief Executive Merrill Lynch conference Living in a 1% world 8 October 2003 Richard Harvey Group Chief Executive Disclaimer This presentation may contain certain forward-looking statements with respect to certain of

More information

Investment in an Indonesian Life Insurance Company, PT Panin Life

Investment in an Indonesian Life Insurance Company, PT Panin Life June 4 th 2013 Koichiro Watanabe President and Representative Director The Dai-ichi Life Insurance Company, Limited Code: 8750 (TSE First section) Investment in an Indonesian Life Insurance Company, PT

More information

Prudential plc. BOAML CEO Conference. Shaping a business fit for the post-crisis era. 1 st October 2015 1 BOAML CEO CONFERENCE

Prudential plc. BOAML CEO Conference. Shaping a business fit for the post-crisis era. 1 st October 2015 1 BOAML CEO CONFERENCE Prudential plc BOAML CEO Conference Shaping a business fit for the post-crisis era 1 st October 2015 1 BOAML CEO CONFERENCE This document may contain forward-looking statements with respect to certain

More information

Partnership Assurance Group plc ( Partnership ) Q1 Interim Management Statement

Partnership Assurance Group plc ( Partnership ) Q1 Interim Management Statement 14 May 2014 Partnership Assurance Group plc ( Partnership ) Q1 Interim Management Statement Partnership today announces its Interim Management Statement for the period from 1 January 2014 to 13 May 2014,

More information

Annual Report and Accounts 2013. Standard Life plc

Annual Report and Accounts 2013. Standard Life plc Annual Report and Accounts 2013 Standard Life plc Group financial highlights Assets under administration 198.4bn 218.1bn 244.2bn Total net flows 9.6bn Group operating profit before tax 867m* 751m 526m*

More information

Your vision. Let s make it happen.

Your vision. Let s make it happen. Your vision. Let s make it happen. CORPORATE AND INVESTMENT BANKING CAPITAL MARKETS COMMERCIAL BANKING TRANSACTION BANKING TRADE FINANCE Creating opportunities Strength and stability, far and wide Scotiabank

More information

EVERY DAY MATTERS. Forward looking statements. Preliminary results 2011. 14 March 2012

EVERY DAY MATTERS. Forward looking statements. Preliminary results 2011. 14 March 2012 1 EVERY DAY MATTERS. Preliminary results 14 March 2012 Forward looking statements. 2 This document may contain certain forwardlooking statements relating to Legal & General Group, its plans and its current

More information

Investor Presentation

Investor Presentation Investor Presentation Acquisition of F&C Asset Management: Expanding BMO's Wealth Management Business January 28, 2014 Forward Looking Statements and Non-GAAP Measures Caution Regarding Forward-Looking

More information

Richard Harvey Group Chief Executive Aviva plc

Richard Harvey Group Chief Executive Aviva plc Richard Harvey Group Chief Executive Aviva plc Capturing value in a challenging environment UBS Warburg Conference New York 29 April 2003 Disclaimer 2 This presentation may contain certain forward-looking

More information

Sustained leadership in life insurance. September 2011

Sustained leadership in life insurance. September 2011 Sustained leadership in life insurance September 2011 Agenda Industry overview and outlook Recent market developments ICICI Prudential: Strategic elements Performance snapshot 2 Agenda Industry overview

More information

Acquisition of SAIT Communications. 28 July 2015

Acquisition of SAIT Communications. 28 July 2015 Acquisition of SAIT Communications 28 July 2015 Conference call details SpeedCast acquires SAIT Communications The company has scheduled a conference call as follows: Time: 11.00am (Sydney time), 28 th

More information

Equity and Fixed Income Funds The London & Capital Managed Series of UCITS IV Funds

Equity and Fixed Income Funds The London & Capital Managed Series of UCITS IV Funds Equity and Fixed Income Funds The London & Capital Managed Series of UCITS IV Funds 1 Equity and Fixed Income Funds London & Capital Equity and Fixed Income Funds London & Capital 2 We are an independently-owned

More information

Key performance indicators

Key performance indicators The information included in the following sheets of this Excel file forms an integral part of the Aegon press release on the Q2 results 2013 as published on August 8, 2013. Cautionary note regarding non-ifrs

More information

PRUDENTIAL PLC 2002 NEW BUSINESS RESULTS. Total Group insurance and investment sales of 27.6 billion, an increase of 29 per cent on 2001.

PRUDENTIAL PLC 2002 NEW BUSINESS RESULTS. Total Group insurance and investment sales of 27.6 billion, an increase of 29 per cent on 2001. Embargo: 07.00 hrs Thursday 23 January 2003 PRUDENTIAL PLC 2002 NEW BUSINESS RESULTS Total Group insurance and investment sales of 27.6 billion, an increase of 29 per cent on 2001. Group insurance sales

More information

Bajaj Allianz Life Insurance Co. Ltd. FY 2006-07. Bajaj Allianz Life Insurance Co. Ltd. <25 th June 2007>

Bajaj Allianz Life Insurance Co. Ltd. FY 2006-07. Bajaj Allianz Life Insurance Co. Ltd. <25 th June 2007> Bajaj Allianz Life Insurance Co. Ltd. FY 2006-07 1 Index Private Life Insurance Market Key Highlights : FY 2006-2007 BALIC Growth in New Business Key Financial Highlights Growth in Assets NBAP FY 2006-07

More information

Disclaimer: Forward Looking Statements

Disclaimer: Forward Looking Statements Disclaimer: Forward Looking Statements This presentation/announcement may contain forward looking statements with projections regarding, among other things, the Company s strategy, revenues, earnings,

More information

UK Life, Driving value through excellence

UK Life, Driving value through excellence UK Life, Driving value through excellence Investor and Analyst Event, Wednesday 6 th May 2009 Andrew Moss NUL18.11.08 Disclaimer This presentation may include oral and written forward-looking statements

More information

Life & Protection. Scott Ham CEO. John Hunter COO. Analyst & Investor Conference

Life & Protection. Scott Ham CEO. John Hunter COO. Analyst & Investor Conference Life & Protection Scott Ham CEO John Hunter COO Analyst & Investor Conference New York City, December 2010 Key messages Grow profitable new sales Leverage expertise to increase recruiting and expand existing

More information

Indian Equity Mid-cap Opportunities Portfolio January 2016

Indian Equity Mid-cap Opportunities Portfolio January 2016 Indian Equity Mid-cap Opportunities Portfolio January 2016 This document is for investment professionals only and should not be distributed to or relied upon by retail clients. It is only intended for

More information

Investor pre-close briefing

Investor pre-close briefing Investor preclose briefing 18 September Proviso Please note that matters discussed in today s presentation may contain forward looking statements which are subject to various risks and uncertainties and

More information

Manulife Financial Corporation The Manufacturers Life Insurance Company. Annual Meeting May 4, 2006

Manulife Financial Corporation The Manufacturers Life Insurance Company. Annual Meeting May 4, 2006 Manulife Financial Corporation The Manufacturers Life Insurance Company Annual Meeting May 4, 2006 Legal Disclaimer Caution Regarding Forward-Looking Statements This document contains forward-looking statements

More information

Measuring performance Update to Insurance Key Performance Indicators

Measuring performance Update to Insurance Key Performance Indicators Measuring performance Update to Insurance Key Performance Indicators John Hele Member of Executive Board and CFO of ING Group Madrid 19 September 2008 www.ing.com Agenda Performance Indicators: Background

More information

ETF trends and market comparison US and Europe

ETF trends and market comparison US and Europe ETF trends and market comparison US and Europe This document is directed at professional investors and should not be distributed to, or relied upon by retail investors. The value of investments, and the

More information

& Embedded value 2009

& Embedded value 2009 First quarter 2010 results & Embedded value 2009 Jan Nooitgedagt, CFO Analyst & Investor presentation May 12, 2010 Key messages o Further improvement of underlying earnings o Continued execution of strategy

More information

Zurich Financial Services Merrill Lynch Banking & Insurance Conference: Growth Opportunities Post Crisis?

Zurich Financial Services Merrill Lynch Banking & Insurance Conference: Growth Opportunities Post Crisis? Zurich Financial Services Merrill Lynch Banking & Insurance Conference: Growth Opportunities Post Crisis? Dieter Wemmer Chief Financial Officer London, Disclaimer and cautionary statement Certain statements

More information

GLP AND CANADA PENSION PLAN INVESTMENT BOARD ESTABLISH SECOND JAPAN DEVELOPMENT VENTURE

GLP AND CANADA PENSION PLAN INVESTMENT BOARD ESTABLISH SECOND JAPAN DEVELOPMENT VENTURE For Immediate Release GLP AND CANADA PENSION PLAN INVESTMENT BOARD ESTABLISH SECOND JAPAN DEVELOPMENT VENTURE GLP JDV II: US$2 bn follow-on venture that leverages success of GLP JDV I Enhanced investment

More information

CPP Fund Exceeds $183 Billion at 2013 Fiscal Year-End

CPP Fund Exceeds $183 Billion at 2013 Fiscal Year-End CPP Fund Exceeds $183 Billion at 2013 Fiscal Year-End $21.7 Billion Increase in Assets TORONTO, ON (May 16, 2013): The CPP Fund ended its fiscal year on March 31, 2013 with net assets of $183.3 billion,

More information

BNP Paribas Private Banking

BNP Paribas Private Banking BNP Paribas Private Banking Olivier Cœnon Head of Development & Partnerships BNP Paribas Private Banking May 2007 1 Disclaimer This presentation includes forward-looking statements based on current beliefs

More information

Investor Presentation

Investor Presentation Investor Presentation Yvon Charest President and CEO René Chabot EVP and Chief Actuary Denis Ricard EVP, Business Development March 2015 A New Look for Industrial Alliance Introduced March 3, 2015 Updated

More information

Summary Financial Report 2011 2010

Summary Financial Report 2011 2010 Printed by Polestar, UK Print UKSFR10 0411 2011 Standard Life, images reproduced under licence Calls may be monitored and/or recorded to protect both us and you and help with our training. Call charges

More information

TelecityGroup plc. First Half 2012 results 6 August 2012

TelecityGroup plc. First Half 2012 results 6 August 2012 TelecityGroup plc First Half 2012 results 6 August 2012 Cautionary note regarding forward-looking statements This presentation includes statements that are forward-looking in nature. All statements other

More information

UDG Healthcare plc An International Healthcare Services Organisation

UDG Healthcare plc An International Healthcare Services Organisation UDG Healthcare plc An International Healthcare Services Organisation Jefferies 2014 Global Healthcare Conference 2014 Liam FitzGerald, CEO 20 November 2014 1 FORWARD LOOKING STATEMENTS Some statements

More information

Frequently Asked Questions Q3 2007

Frequently Asked Questions Q3 2007 Frequently Asked Questions Q3 2007 1. Can you comment on the performance of CIBC Retail Markets during the quarter? CIBC Retail Markets reported net income for the third quarter of $555 million, up 14%

More information

Morgan Stanley Financials Conference

Morgan Stanley Financials Conference Morgan Stanley Financials Conference June 11, 2014 George R. Aylward President and Chief Executive Officer Important Disclosures This presentation contains statements that are, or may be considered to

More information

Wealth Management and Securities Services

Wealth Management and Securities Services U.S. Bancorp Investor Day Wealth Management and Securities Services Terry Dolan Vice Chairman September 12, 2013 # Forward-looking Statements and Additional Information The following information appears

More information

8th Bowles Symposium and 2nd International Longevity Risk and Capital Market Solutions Symposium

8th Bowles Symposium and 2nd International Longevity Risk and Capital Market Solutions Symposium 8th Bowles Symposium and 2nd International Longevity Risk and Capital Market Solutions Symposium Annuitization lessons from the UK Money-Back annuities and other developments Tom Boardman UK Policy Development

More information

Guide to Inflation -Linked Bonds June 2013

Guide to Inflation -Linked Bonds June 2013 Guide to Inflation -Linked Bonds June 2013 This communication is for investment professionals only and should not be distributed to or relied upon by retail clients. Guide to Inflation-Linked Bonds 1 Contents

More information

Baring Asset Management A unique investment perspective

Baring Asset Management A unique investment perspective Baring Asset Management A unique investment perspective Delivering excellence Baring Asset Management is one of only a handful of asset managers that has truly global reach. We operate from 10 countries

More information

GROWTH & INCOME INDEX 2013 MUTUAL FUND INVESTOR BEHAVIOUR STUDY HONG KONG

GROWTH & INCOME INDEX 2013 MUTUAL FUND INVESTOR BEHAVIOUR STUDY HONG KONG GROWTH & INCOME INDEX 201 MUTUAL FUND INVESTOR BEHAVIOUR STUDY HONG KONG October 201 CONTENT FOREWORD Foreword By Eastspring Investments Executive Summary The Growth & Income Index Investor Current and

More information

Financial and operating results

Financial and operating results Financial and operating results for the period ended March 31, 2013 Sun Life Financial Inc. (unaudited) Forward-looking statements Certain statements in this presentation and certain oral statements made

More information

Recent Trends and Performance in Canada s Securities Industry. IIROC FAS Conference September 2014

Recent Trends and Performance in Canada s Securities Industry. IIROC FAS Conference September 2014 Recent Trends and Performance in Canada s Securities Industry IIROC FAS Conference September 2014 Key Observations Robust Canadian and U.S. equity markets More active trading and financing Increased demand

More information

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO Reed Elsevier Results Erik Engstrom, CEO Duncan Palmer, CFO FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of

More information

Supplemental Information Fourth Quarter 2010 Earnings Call

Supplemental Information Fourth Quarter 2010 Earnings Call Supplemental Information Fourth Quarter 2010 Earnings Call Market & Financial Overview Capital Values Q4 2009 Q4 2010 London Shanghai Beijing, Hong Kong Moscow Washington DC New York, Paris, San Francisco

More information

J.P. MORGAN HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 24, 2015

J.P. MORGAN HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 24, 2015 J.P. MORGAN HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 24, 2015 DISCLAIMER This presentation contains, in addition to historical information, certain forward-looking statements within the meaning

More information

BARING ASSET MANAGEMENT CORPORATE BROCHURE

BARING ASSET MANAGEMENT CORPORATE BROCHURE BARING ASSET MANAGEMENT CORPORATE BROCHURE San Francisco Toronto Boston London Paris Frankfurt Geneva Dubai Hong Kong Seoul Tokyo Taipei Kaohsiung 250 YEARS OF OPEN MINDS AND UNCOMMON PERSPECTIVES. The

More information

Scotiabank Financials Summit 2013

Scotiabank Financials Summit 2013 Scotiabank Financials Summit 2013 Dean A. Connor President and Chief Executive Officer Thursday, September 5, 2013 - Toronto Forward-looking statements Certain statements in this presentation, including,

More information

IN THIS REVIEW, WE HAVE ARRANGED OUR BUSINESSES AROUND OUR TWO DISTINCT CUSTOMER

IN THIS REVIEW, WE HAVE ARRANGED OUR BUSINESSES AROUND OUR TWO DISTINCT CUSTOMER Review of TD s businesses REVIEW OF TD S BUSINESSES PROFILES OF TD S BUSINESSES TODAY IN THIS REVIEW, WE HAVE ARRANGED OUR BUSINESSES AROUND OUR TWO DISTINCT CUSTOMER BASES RETAIL AND WHOLESALE TO SHOW

More information

Valuation of Life Insurance Companies in India

Valuation of Life Insurance Companies in India Valuation of Life Insurance Companies in India By Sanket Kawatkar & Richard Holloway ABSTRACT In this paper, we provide a broad framework for valuing life insurance companies in India. We also discuss

More information

Why Credit Suisse? Private Banking & Wealth Management 3Q2014

Why Credit Suisse? Private Banking & Wealth Management 3Q2014 Why Credit Suisse? Private Banking & Wealth Management 3Q2014 October 2014 Disclaimer Cautionary statement regarding forward-looking statements This presentation contains forward-looking statements that

More information

Allianz Insurance UK. Jon Dye CEO Allianz Insurance UK. Inside Allianz Series London, June 19, 2015

Allianz Insurance UK. Jon Dye CEO Allianz Insurance UK. Inside Allianz Series London, June 19, 2015 Allianz Insurance UK Jon Dye CEO Allianz Insurance UK Inside Allianz Series London, June 19, 2015 Allianz Insurance UK UK at a glance Key data 2014 Population: 64.5mn GDP (GBP): 1,758bn GDP growth: 2.6%

More information

Zurich Insurance Group - Low rates and heavy regulation: how to deliver shareholder returns

Zurich Insurance Group - Low rates and heavy regulation: how to deliver shareholder returns Zurich Insurance Group - Low rates and heavy regulation: how to deliver shareholder returns Martin Senn Chief Executive Officer BoAML 9th Annual Banking & Insurance CEO Conference London, October, 04 Group

More information

Recap of Recent Announcements

Recap of Recent Announcements Recap of Recent Announcements Donald Guloien President & Chief Executive Officer July 8, 2009 Legal Disclaimer Caution Regarding Forward-Looking Statements This document contains forward-looking statements

More information

First-Quarter 2014 Financial Results

First-Quarter 2014 Financial Results First-Quarter 2014 Financial Results www.unisys.com/investor Ed Coleman Chairman & CEO Janet Haugen SVP & CFO April 22, 2014 Disclaimer Statements made by Unisys during today's presentation that are not

More information

Westpac Active Series

Westpac Active Series Westpac Active Series Other Material Information Underlying Investment Managers 23 May 2016 Specialist funds and underlying investment managers Investments may be held directly or via investment in other

More information

Supplemental Information First Quarter 2011 Earnings Call

Supplemental Information First Quarter 2011 Earnings Call Supplemental Information First Quarter 2011 Earnings Call Market & Financial Overview s Q1 2010 Q1 2011 growth slowing growth accelerating falling bottoming out Shanghai Washington DC London, Hong Kong

More information

NN GROUP FINANCIAL SUPPLEMENT 1Q2016

NN GROUP FINANCIAL SUPPLEMENT 1Q2016 NN GROUP FINANCIAL SUPPLEMENT 1Q2016 NN GROUP FINANCIAL SUPPLEMENT 1Q2016 INTRODUCTION The Financial Supplement includes quarterly financial trend data and is published on a quarterly basis. Figures are

More information

Manulife Investor Day 2015 Delivering Results and Preparing for the Future

Manulife Investor Day 2015 Delivering Results and Preparing for the Future C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK:945 Manulife Investor Day 2015 Delivering Results and Preparing for the Future New supplemental disclosures introduced to reflect Manulife s strategic

More information

NN GROUP FINANCIAL SUPPLEMENT 4Q2014

NN GROUP FINANCIAL SUPPLEMENT 4Q2014 NN GROUP FINANCIAL SUPPLEMENT 4Q2014 NN GROUP FINANCIAL SUPPLEMENT 4Q2014 INTRODUCTION The Financial Supplement includes quarterly financial trend data and is published on a quarterly basis. Rounding could

More information

Jupiter Fund Management plc. Preliminary Results: 7 March 2012

Jupiter Fund Management plc. Preliminary Results: 7 March 2012 Jupiter Fund Management plc Preliminary Results: 7 March 2012 Forward-looking statements This presentation may contain certain forward-looking statements with respect to certain plans of Jupiter Fund Management

More information

Protective Agreement to be Acquired by Dai-ichi Life. Creating Significant Opportunities for Growth for Both Companies

Protective Agreement to be Acquired by Dai-ichi Life. Creating Significant Opportunities for Growth for Both Companies Protective Agreement to be Acquired by Dai-ichi Life Creating Significant Opportunities for Growth for Both Companies June 3, 2014 Forward-looking Statements Statements in these materials that relate to

More information

The Canada Life Assurance Company ANNUAL REPORT

The Canada Life Assurance Company ANNUAL REPORT The Canada Life Assurance Company 2007 ANNUAL REPORT CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This report contains some forward-looking statements about the Company, including its business

More information

Our Investment Capabilities

Our Investment Capabilities Equities Fixed Income Real Estate Multi-Asset Private Equity Our Investment Capabilities March 2014 This document is for institutional investors and investment professionals only and should not be distributed

More information

SANDVINE REPORTS Q3 2015 RESULTS

SANDVINE REPORTS Q3 2015 RESULTS PRESS RELEASE SANDVINE REPORTS Q3 2015 RESULTS Waterloo, Canada; October 8, 2015 Sandvine, (TSX:SVC) a leading provider of intelligent network policy control solutions for fixed and mobile operators, today

More information

The Tender Offer does not correspond to tender offers as stipulated in Article 27, Section 2-1 of Japan s Financial Instruments and Exchange Law.

The Tender Offer does not correspond to tender offers as stipulated in Article 27, Section 2-1 of Japan s Financial Instruments and Exchange Law. February10, 2015 Canon Inc. Chairman & CEO: Fujio Mitarai Securities code: 7751 [Tokyo (First section) and other Stock Exchanges] Inquiries: Shinichi Aoyama General Manager Consolidated Accounting Division

More information

FLOW TRADERS REPORTS RECORD RESULTS IN THIRD QUARTER 2015

FLOW TRADERS REPORTS RECORD RESULTS IN THIRD QUARTER 2015 For immediate release FLOW TRADERS REPORTS RECORD RESULTS IN THIRD QUARTER 2015 AMSTERDAM, the Netherlands 13 November 2015. Flow Traders N.V. ( the Company or Flow Traders ) (Euronext: FLOW), a leading

More information

Agreement to Acquire Symetra Financial Corporation, A Listed U.S. Life Insurance Group

Agreement to Acquire Symetra Financial Corporation, A Listed U.S. Life Insurance Group For Immediate Release Agreement to Acquire Symetra Financial Corporation, A Listed U.S. Life Insurance Group Tokyo, Japan, August 11, 2015 - Sumitomo Life Insurance Company ( the Company ; President: Masahiro

More information

Q1 2016 Results Conference Call

Q1 2016 Results Conference Call Q1 2016 Results Conference Call Karim Bohn, CFO 10 May 2016 PATRIZIA Immobilien AG PATRIZIA Bürohaus Fuggerstrasse 26 86150 Augsburg T +49 821 50910-000 F +49 821 50910-999 immobilien@patrizia.ag www.patrizia.ag

More information

TRANSITIONING PCCW David Prince, Group CFO. CLSA Investors Forum Hong Kong - 15 May, 2001

TRANSITIONING PCCW David Prince, Group CFO. CLSA Investors Forum Hong Kong - 15 May, 2001 TRANSITIONING PCCW David Prince, Group CFO CLSA Investors Forum Hong Kong - 15 May, 2001 FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements that involve risks and uncertainties.

More information

Q1 Trading Update, FY 2011

Q1 Trading Update, FY 2011 ARYZTA AG Q1 Trading Update, FY 2011 29 November 2010 Forward Looking Statement This document contains forward looking statements which reflect management s current views and estimates. The forward looking

More information

Savills plc. Results for the year ended 31 December 2015

Savills plc. Results for the year ended 31 December 2015 Savills plc Results for the year ended 31 December 215 1 March 216 1 Disclaimer: Forward-looking statements These slides contain certain forward-looking statements including the Group s financial condition,

More information

Bank of America Merrill Lynch Banking and Insurance CEO Conference. London, 29 September 2009

Bank of America Merrill Lynch Banking and Insurance CEO Conference. London, 29 September 2009 Bank of America Merrill Lynch Banking and Insurance CEO Conference London, 29 September 2009 Good morning. I d like to thank Bank of America Merrill Lynch for letting us speak this morning. Before I talk

More information

Strategic and Operational Overview May 11, 2016

Strategic and Operational Overview May 11, 2016 Strategic and Operational Overview May 11, 2016 Safe Harbor Statement This presentation contains several forward-looking statements. Forward-looking statements are those that use words such as believe,

More information

Annual report and accounts 2014. Standard Life plc

Annual report and accounts 2014. Standard Life plc Annual report and accounts 2014 Standard Life plc Group financial highlights Assets under administration from continuing operations 296.6bn Total net flows from continuing operations Group underlying

More information

Embedded Value 2014 Report

Embedded Value 2014 Report Embedded Value 2014 Report Manulife Financial Corporation Page 1 of 13 Background: Consistent with our objective of providing useful information to investors about our Company, and as noted in our 2014

More information