Magellan Financial Group Ltd · ASX:MFG
Magellan Financial — Shareholder Meeting (October 2022)
15 slides from Magellan Financial's shareholder meeting presentation, Oct 20, 2022
Slide 1: CEO & Chief Investment Officer's Address to the 2022 Annual General Meeting
CEO & Chief Investment Officer’s Address to the 2022 Annual General Meeting Thursday 20 October 2022 Thank you, Hamish and thanks to everyone for attending the meeting today. I have now been at Magellan for three months and today I would like to provide shareholders with an update on my thoughts and
Slide 2: Magellan's quality attributes and pillars of strength
Before I start my presentation, I would like to talk to Magellan more broadly. In my short time here, I can say with conviction that, despite the travails of the last year, Magellan has quality attributes, outstanding people, and has strong foundations to support the future growth we plan to deliver
Slide 3: Investment team and portfolio manager changes
We will leverage Gerald Stack’s ability to manage and develop great investors. We are excited to bring his skill set to the Global Equities analyst team with a view to optimising analyst engagement, but also the engagement between the analysts and our portfolio managers. When we get this right, the
Slide 4: Magellan Strategies – Growth
that when the time eventually comes for Frank to retire that the robust succession plan he has put in place will make this transition seamless. Magellan Strategies – Growth From our three primary investment capabilities there are several opportunities for near term growth. Core Series The Core Serie
Slide 5: Private markets and Magellan in five years
performance, we will look toward areas like private markets as allocation to this segment is growing in our clients’ portfolios. Where we can and where it makes sense, we will grow alongside their needs. We will be disciplined in our approach to this. Any investment or acquisition we make in time wi
Slide 6: Product and People priorities
Product Part of near-term growth will come from the redirected efforts toward the Core Series and the launch of the Energy Transition strategy. We will also embed the outstanding capability within ESG we have developed and refined over the 15 years deeper, across all client solutions and the organis
Slide 7: Magellan Financial Group Limited 2022
Magellan Financial Group Limited 2022 AGM Presentation David George| CEO & Chief Investment Officer
Slide 8: Pillars of Strength
Pillars of Strength Passionate team with an ownership Established and scalable operating People & mindset. Immense pride in the shared Operational platform supported by expertise of Culture success of Magellan and our clients Support legal, ops, risk and compliance teams Intensive bottom-up stock an
Slide 9: Investment Capabilities - State of Play
Investment Capabilities - State of Play FUM $50.9bn GLOBAL ($26.1bn) INFRASTRUCTURE ($16.8bn) AIRLIE ($8.0bn) • Large team, great pedigree • Well established team, long track • Outstanding team • Central research engine, drives record • High performance process and idea generation • Proprietary defi
Slide 10: Magellan Distribution & Marketing
Magellan Distribution & Marketing • Global reach into major markets UK & Europe • Collaborative ~35 member team with proven ability • Institutional distribution Asia coverage • Standout Australian retail team with multi-channel • Institutional FUM $7.4bn • Institutional across 17 clients distributio
Slide 11: Magellan Strategies – Growth
Magellan Strategies – Growth Strong balance sheet Global Core Series $963.6 million1 in cash, financial assets and investments in associates Infrastructure Energy Transition Operational infrastructure to facilitate growth Retail opportunity for existing and Airlie new small-mid cap strategies In tim
Slide 12: Magellan in five years
Magellan in five years Fund manager of scale with >$100bn in funds under management Diversified product mix Attractively positioned in growing segments with growing client demand Partner of choice of Australian wealth industry Strengthened global institutional relationships Attractive returns for sh
Slide 13: FY23 Priorities
FY23 Priorities • Deepen specialist product distribution capability to support a diverse range of client demanded product Platform • Deliver cost and capital efficiency across the business • Reaffirm Funds Management business operating expenses in the range of $125-$130 million for FY23 • Improve Pe
Slide 14: Important Information
Important Information This presentation and all associated materials (collectively, the ‘Presentation’) have been prepared by Magellan Financial Group Limited ACN 108 437 592 (‘Magellan’). This Presentation contains summary information about Magellan and its related bodies corporate and is current a
Slide 15: www.magellangroup.com.au
www.magellangroup.com.au Phone: +61 2 9235 4888
Magellan Financial Group — Shareholder Meeting (October 2022) on 6ix