Perpetual Limited · ASX:PPT
Perpetual — Wilson HTM Lunch Discussion (June 2006)
13 slides from Perpetual's conference presentation, Jun 19, 2006
Slide 1: Wilson HTM Lunch Discussion
Perpetual Limited (Perpetual) Wilson HTM Lunch Discussion 19 June 2006 Sydney David Deverall John Nesbitt rerpewesp
Slide 2: Perpetual is an ASX 100 company and the largest independent wealth manager in Australia
Perpetual is an ASX 100 company and the largest independent wealth manager in Australia um 120 years of history built on trust mw Top performing manager in Australian equities # $33 billion FUM as at May 2006 # $166 billion FUA as at April 2006 » Trading revenues of around $400 million for 2006 « Ma
Slide 3: Perpetual actively participates in two industries
Perpetual actively participates in two industries Funds Management | iManage’ CIE L Le 1e0 LEAs ye [PONS EWEN SHS BERANE ER SUR SHH RUSH AE EH RES AE RESUS PER EER AN EHEES EHH RERANEEREORS, Le
Slide 4: The Australian financial services industry is large and diverse
The Australian financial services industry Is large and diverse Estimated 2005 revenue (A$B) 100% 80 Orn 60 Commercial Lending 11.5 40 Credit Cards 1.4 20 Total Deposits Personal Lending Commercial Wealth Risk GI Lending $20.3B $15.7B $11.5B $15.5B $4.8B $8.5B Total = 76.3 Perpenvaip
Slide 5: The Australian Wealth Management industry is attractive with a high rate of underlying asset growth
The Australian Wealth Management industry is attractive with a high rate of underlying asset growth Total FUM CAGR: 2001 ~ 2005 $1,746 Global assets CAGR: international equities 2004 — 2005 + international fixed income 25% Domestic assets CAGR: Australian equities Australian fixed 2001 ~ 2005 income
Slide 6: The Australian securitisation market has good underlying fundamentals
The Australian securitisation market has good underlying fundamentals Outstanding Securitisation ($B) $200B- Other ABS 0 96 97 98 99 00 01 02 03 04 05 Supply is increasing Non-bank financial institutions, the largest users of securitised funding (~60% of bonds issued), are gaining market share in re
Slide 7: Our corporate strategy
Our corporate strategy iL Develop new growth engines il. Fully engage our people to deliver our strategy Perpenvaip
Slide 8: Implementation progress: Develop a more balanced portfolio & new growth engines
Se Implementation progress: Develop a more balanced portfolio & new growth engines ‘i Expanded and enhanced our asset management footprint - Global equities - Direct Property - Australian credit - Property securities - Quantitative investments Significantly enhanced Wholesale Sales, Product, Marketi
Slide 9: Expanding our asset management footprint
Expanding our asset management footprint. Domestic Stock Picking Mortgage Lending LPT Stock Picking Infrastructure Investing Quantitative Investing Credit Investing Global Stock Picking ” Hedge Global Thematic Funds Byoad Direct Property Investing Duration Vanilla Management Bonds Remaining 50% shar
Slide 10: Implementation Progress: Fully engage our people to deliver our strategy
Implementation Progress: Fully engage our people to deliver our strategy Completed implementation of new remuneration system wm Long term incentives in place to retain key members of our asset management team w Move to single premises for Sydney in January 2006 - Angel Place Mo eeeeeee key focus goi
Slide 11: Perpetual has experienced strong increases in asset volume in all key drivers of revenue and growth
Perpetual has experienced strong increases in asset volume in all 3 key drivers of revenue and growth FUM FUAA FUA Perpetual Investments Perpetual Private Perpetual Corporate Up 24% to May Clients Up 11% to April Trust Up 15% to April $48) sine #18085 166.4 up 21% A 33.1 8.1 50+ 144.3 30-4 VA 84 7.3
Slide 12: Going forward
Going forward w Markets with strong fundamentals « Outstanding track record of delivering value for shareholders w Continued investment in growth capabilities w Forecast 13 per cent increase in profit for 2006 over 2005 financial year — subject to market conditions Perpenvaip
Slide 13: Limited
Perpetual Limited (Perpetual) Wilson HTM Lunch Discussion 19 June 2006 Sydney David Deverall John Nesbitt rerpewesp