Nordea Bank Abp · OMXHEX:NDA_FI
Nordea Bank Abp — Investor Day (May 2015)
11 slides from Nordea Bank Abp's investor day presentation, May 27, 2015
Slide 1: Wealth Management
Wealth Management Gunn Wærsted Head of Wealth Management 1
Slide 2: Wealth Management in brief
Wealth Management in brief Strong customer franchise Well diversified business Growing business Profit, EURm #1 Asset Management Int. 903 18% Denmark 32% 729 632 #1 Life & Pension Sweden 23% Finland Norway 18% 9% #1 Private Banking EUR 290bn AuM 2012 2013 2014 Leading Nordic wealth manager with glob
Slide 3: Wealth Management has delivered on its 2015 plan
Wealth Management has delivered on its 2015 plan Commitments in 2015 plan Wealth mgmt. has delivered (2012 vs. 2014) Colours Key Wealth Management value drivers Extra Colours 103 172 206 Income CAGR 9.1% P P 239 178 137 Key ambitions and initiatives Leverage the strength of a diversified business
Slide 4: Strong growth through consistently high flow
Strong growth through consistently high flow Assets under Management (AuM), EURbn Key growth initiatives in 2015 plan Growth through external distribution Acc. Flow Acc. Market appreciation GFD1 net flow, EURbn 4.8 290.0 1.9 2.2 2.5x 2012 2013 2014 Growth through bancassurance Market return premiums
Slide 5: Looking ahead: Well positioned to capitalise on trends
Looking ahead: Well positioned to capitalise on trends Trends Nordea wealth management platform Demographics Strong customer franchise Low yield environment Leading advisory and product capabilities Globalisation Well diversified business across markets and business lines Regulation Digitalisation E
Slide 6: Three strategic focus areas
Three strategic focus areas Nordea platform Strategic focus areas 2016-2018 Pan-Nordic platform Client Relationships with scalability Superior Nordic distribution power and Advice & Solutions global capabilities Actively managed business portfolio Efficiency with low volatility 6
Slide 7: A leading European asset manager
A leading European asset manager Scalable business model Platform AuM in AM, EURbn Cost/Income, % ■ Active management with leading Multi Assets capabilities ■ Cost level ~30% below European peers3 55 173.9 ■ Only European asset manager consistently on top 10 in 146.2 European Fund sales 2012-144 116
Slide 8: The #1 Nordic pension provider
The #1 Nordic pension provider Transition to capital efficient pension provider Platform Gross written premiums, EURbn Trad. MRP1 ■ Successfully transformed to market return company 7.6 ■ Focus on bancassurance with low distribution cost 6.7 1.0 5.9 5.6 1.2 ■ Product offering of strategic importance
Slide 9: The #1 Nordic private bank
The #1 Nordic private bank Increased private banking footprint Platform AuM in PB, EURbn AuM/Advisor, EURm ■ #1-2 position in each Nordic country, largest Nordic International private bank 84.4 77.3 ■ Well functioning referral model 61.0 69.4 ■ Cost/Income ratio 9pp below European peers1 133 ■ 110,0
Slide 10: High growth going forward, costs in control
High growth going forward, costs in control Net flow, % of AuM Cost/Income, % 61 55 52 >5% of AuM 4.7% p.a. 2016-2018 46 Costs in control Q1/11 Q1/12 Q1/13 Q1/14 Q1/15 2011 2012 2013 2014 10
Slide 11: Summary
Summary ■ #1 Wealth Manager in the Nordics ■ Well positioned to capitalize on trends Income ■ Track record of Nordic and International growth Maintain ■ Focusing on higher margin business #1 Margins ■ Leveraging advisory and solutions Position capabilities ■ Scalable, cost-efficient platforms Cost ■