Schroders PLC · LSE:SDR
Schroders — KBW European Financials Conference (September 2009)
13 slides from Schroders's conference presentation, Sep 16, 2009
Slide 1: KBW European Financials Conference
Schroders KBW European Financials Conference Kevin Parry Chief Financial Officer 16 September 2009
Slide 2: Overview of Schroders
Overview of Schroders £113.3bn funds under management Amsterdam Rome Copenhagen Stockholm – Founded in 1804 Frankfurt Zurich Geneva Bermuda Guernsey Beijing – Exclusive focus on asset management Cayman Islands Gibraltar Jersey Hong Kong Mexico City Jakarta London and private banking New York Philade
Slide 3: Geographic, asset class and sales channel diversity
Geographic, asset class and sales channel diversity Assets under Management £113.3billion Region Asset class Channel 12% 10% 10% 39% 37% 17% 24% 47% 53% 13% 25% 13% Equities Fixed Income Institutional UK Europe Alternatives Multi-asset Intermediary Asia Pacific Americas PrivateBanking Private Bankin
Slide 4: Institutional
Institutional Restore growth Broad product capability Strategy Equities, Bonds, Alternatives, Multi-asset – Central manufacturing, local delivery Product development Product specialist sales resources – Focus on growth channels Consultant relationship team – Increase gross sales UK Europe Asia Ameri
Slide 5: Intermediary
Intermediary Building leadership with new positioning Broad product capability Strategy Equities, Bonds, Alternatives, Multi-asset – Component provider Product development Product specialist sales resources – Solutions provider UK Europe Asia Americas – Branded or sub-advised Channel Sales specialis
Slide 6: Priorities for 2009
Priorities for 2009 &¢ Schroders
Slide 7: Priorities for 2009
Priorities for 2009 • Aligning the business to the environment ¾ Costs down £49.8m • Capitalising on investment performance ¾ 80% of funds outperforming • Growing assets under management ¾ Q2 inflows £3.9bn • Leveraging our financial strength ¾ Balancing cost reductions vs. growth opportunities 6
Slide 8: Investment performance
Investment performance • Competitive performance across equities, 3 year investment performance fixed income and alternatives Quartile rankings SISF range 1 year 3 year Euro Corporate Bond 1 1 23% Euro Short-term Bond 1 1 Euro Short-term Bond 1 2 Global Corporate Bond 1 2 Emerging Market Debt Ab. Rt
Slide 9: Anticipating investor demand
Anticipating investor demand GOVERNMENT BONDS CORPORATE CREDIT HYBRID EQUITY European, UK, US, Asian, Emerging Equity Markets, Thematic Global European Yield and Dividend Max Yield / Dividend Global Yield and Dividend Max Structured or European Defensive, Step Invest, Protected Equity CPPI Global Co
Slide 10: Intermediary
Intermediary H1 2009: net inflows £2.5bn £bn – sales flows 15 • Recovery in gross sales • Lower redemptions 10 12.3 5.2 • Top 5 in cross border sales - 5 3.6 8.1 UK, Europe, Asia 7.5 6.2 2.5 3.5 0 • Capitalising on strong demand (0.3) (3.7) (4.5) in Europe (7.1) (7.8) -5 (9.5) (6.0) -10 -15 H1 2007
Slide 11: Institutional
Institutional H1 2009: net outflows £0.8bn £bn – sales flows 15 • Q2 net inflows £1.6bn • Strong performance 10 • Consultant upgrades 5 7.3 6.4 5.7 5.9 4.4 • Inflows across range of products 0 (1.1) (0.8) • Strong pipeline of new business ( (7.1) (2.7) (7.2) (8.4) -5 (9.8) (4.1) opportunities (12.4)
Slide 12: Outlook
Outlook • Priorities remain unchanged • Capitalising on investment performance • Growing assets under management • Balancing cost reductions vs. growth opportunities • Significant pipeline • Focus on organic growth 11
Slide 13: Forward-Looking Statements
Forward-Looking Statements These presentation slides may contain certain forward-looking statements with respect to the financial condition and results of the operations and businesses of Schroders plc These statements and forecasts involve risk and uncertainty because they relate to events and depe
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