In our Prospectus, we identified five key reasons for investing in BT Investment Management. Despite the most challenging financial markets in 20 years, we believe that these reasons remain fundamentally sound.
- Exposure to high growth funds management strategy
- Exposure to high growth funds management strategy
- Although markets declined sharply over the last 12 months, the long-term fundamentals in the Australian retirement market remain strong
- An ageing population and compulsory superannuation underpin long-term growth
- Equities are likely to
remain the core of any superannuation investment portfolio and we are benefiting as institutional clients rebalance into equities
- Volatile markets provide opportunities for astute fund managers to add value with
lower prices providing
buying opportunities
- BT Investment Management is well positioned to take advantage of the increase in market share of alpha generators compared to traditional benchmark aware managers
- Leading funds management business with ‘BT’ brand
- Leading funds management business with ‘BT’ brand
- BT Investment Management maintained its position as the
8th largest funds manager in Australia
- Average margins improved from 36 to 38 basis points
- Although funds under management (FUM) declined, BT Investment Management achieved a net $1.7 billion inflow from institutional and wholesale clients reflecting client confidence in challenging market conditions
- 9 out of 11 of our flagship funds received either
four or five star ratings
from Standard & Poor’s
- The BT brand is
highly recognised
and highly regarded
- We continued to win
numerous industry awards,
including Fund Manager
of the Year from
Standard & Poor’s
- Diversified product and distribution model
- Diversified product and distribution model
- BT Investment Management launched a series of new, innovative products in response to market conditions and customer demands
- BT Investment Management is developing multiple distribution channels, both direct and intermediated for wholesale and high net worth private clients
- Funds management is essentially a people business. BT Investment Management’s multi-boutique strategy is designed to incentivise people and harness their entrepreneurial drive, while achieving synergies by sharing a common infrastructure
- We have successfully attracted some key talent into BT Investment Management, such as Joe Bracken, Head of Macro Strategies and Robert Swift, Head of Multi Strategies
- We now have a scaleable structure with flexibility to add new boutiques over time
- Experienced investment team driving shareholder value
- Experienced investment team driving shareholder value
- We have an extremely experienced investment leadership team with average funds management experience of 18 years
- The model seeks to
align employee and shareholder interests
- Whilst conditions have been difficult in 2008, our staff remains highly motivated to drive the business forward
