4. The origins – a lot in common
Our merger1.0
4 Our company
• Focus on client, quality and expertise
• Distinctive business model creating
synergies for our private, corporate
and insitutional clients
• Belgian roots with an international
presence
• Stable family shareholdership
• A history dating back
more than 100 years
What we share:
5. Our key figures*1.0
5 Our company
140 years
ca 1,400
ca 50Bn€
7.9Bn€
9countries
16%
Size balance sheet
International presence
Basel III capital ratioAssets under Management
Professionals
Experience and solid results
* 31 December 2015
7. Client focus is our DNA
Empowering clients to realize their ambitions…2.0
7 Our services
Private
investors
and
families
Corporates Family
business
owners
Institutional
investors
Financial
service
companies
And others
Any client who has the ambition to move ahead, today and tomorrow:
+
8. Built for synergy, united for strength
Offering a complementary range of services2.0
88
Fund administration
Custody services
Private
Banking
Institutional
Asset
Management
Asset
Services
Investment
Banking
Customer
driven
services
Our services
Institutional mandates
Investment funds
Investment solutions
Buy-side research
Servicing corporates in their financial needs
Corporate finance
Capital markets
Credits
Sell-side research
Private Equity
Servicing private investors and families with
Asset management
Estate planning
Credits
Family office
9. 50 Bn of AUM
Strong market share2.0
9 Our services
• AUM at 50.0 Bn € and up +7.4%
(2014-2015) both through market
effect and strong net inflow
• Reflection of strong performance
and high level of expertise
Note: net figures, no ‘double counting’
36.2
8.7 5.1
50.0
0
10
20
30
40
50
60
Private Customers Institutional
Customers
Third party holders
of UCI
Totale AUM
Assets under management
(AUM, in Bn €, 31.12.2015)*
Total AUMThird party
investors in funds
10. Guiding your assets through complex times
Private banking: why more than ever?2.1
10 Our services
Need for
private
banking
services
Fiscal and
regulatory
changes
Market
Volatility
Low
interest rate
environment
Real estate
cycles
Low
economic
growth
Legacy
issues
Fiscal and
regulatory
11. Expertise for specialized needs
Private banking: what do we offer?2.1
11 Our services
A broad range
of expertise
and services
for our client’s
wealth
Our expertise
Macroeconomics
Investment strategy
Investment instruments
Estate planning
Wealth structuring
Wealth management and
family office services
Real estate
Credits
Private equity
International management
Art advisory service
Business operators network
Support for family business owners
Ownership structure
Governance
Social commitment
Philanthropy
Investments with a social impact
Socially responsible investment policy
Wealth management
Discretionary management
Investment advice
12. Our methodology, based on our clients objectives
Private banking: how do we work?2.1
12 Our services
Understanding our
clients’ personal and
financial situation and
objectives
1 Client
A strategy based on
investment solutions and
services that adjust to the
various stages and
changes in your life
2 Investment
approach
3 Portfolio
composition
Investment characteristics
• Risk appetite
• Expected return
• Investment horizon
• Volatility
Teams of experts
• Macroeconomics and strategy
• Asset allocation
• Asset selection
Service type
• Investment advice
• Discretionary management
• Best execution
13. Investment philosophy
Institutional asset management2.2
13 Our services
Independent Asset Manager
Allows us to manage portfolios in all
independence and create long-term partnerships
with our customers
Pioneer in Behavioral Investing
First Behavioral Investment fund launched in
2001
Active management based on
bottom up fundamental research
Via in-house research teams completed with
multiple external providers
Outperformance within
a risk controlled framework
Generate consistent and disciplined
outperformance within a well defined risk
framework administration and custody services
14. Investment solutions
Institutional asset management2.2
14 Our services
Equities
Quantitative Equity
Active Equity
Passive Equity
Fundamental Equity
Belgium
Core Europe
High Dividend Yield
European Small Caps
Global
Real Estate
Eurozone
Europe
Bonds
Government Bonds
Active Euro Govies
Passive Euro Govies
Global & ILB
Emerging Market Debt
Corporate Bonds
Euro IG
High Yield
Convertible Bonds
Short Term Bonds
Global Unconstrained
Universalis
Balanced
Global Balanced
Long Term Value
Conviction Global
Balanced
Pension Saving Funds
Conviction Funds
Asymmetric/Flexible
Asymmetric
Patrimonial
Target Income
Sustainable
Equity
EMU
Europe
USA
World
Bonds
OCDE Govies
EMD Govies
Euro IG corporates
Balanced
Conservative
15. Breakdown by client type (31.12.2015)
Institutional asset management2.2
15 Our services
• Total gross assets under
management of over 30
billion €, aided by
continuous expansion of
international presence
• Sustained activity in
management of
institutional portfolios
with more than 250
segregated mandates
totaling 8.7 billion € gross
assets under management
and 5.1 billion € in funds
held by third party
investors
Asset Managers/
Investment Funds
Corporates
Foundations
& NPO
Gov. Instit. &
Local Authorities,
Sectorial Funds
Universities
Financial
Institutions
Pension Funds
Insurance
Corporates
Health Service
63%
37%
Mandates Distributors
Institutional
mandates
Institutional
clients
16. Corporate finance: financial advisory services for companies and shareholders
Investment banking – Corporate finance2.3
16 Our services
Mergers &
Acquisitions
• Sell-side / Buy-side
• Partnerships and
strategic consolidations
• Takeover bids, squeeze-
outs, etc.
Equity Capital
Markets
• Initial public offerings
• Secondary offerings
• Private placements
• Block trades
• Private equity fund
raisings
Debt Capital
Markets
• Public placements
• Private placements
• Debt advisory
Advisory Services
• Fairness opinions
• Valuations
• Shareholder
restructuring
• Stock option plans
17. Leading positions in Belgium and France
Investment banking – Corporate finance2.3
17 Our services
35
39
40
56
58
KPMG
Leonardo & Co
BNP
ING
Degroof Petercam
Source: Mergermarket. Criteria: Deals involving
Belgian target or buyer in # of transactions
Financial adviser –
Belgium M&A deals – 2010-2016
255
188
172
134
109
Transaction R / Rothschild
Sodica / CA CIB
Deloitte / In Extenso
Degroof Petercam
PwC CF
Financial adviser –
France Smidcaps deals – 2010-2015
Source : Magazine des Affaires.
Criteria: Deals up to 150 M€
18. … and in Europe
Investment banking – Financial markets2.3
18 Our services
Private placements ranking
• Strong position as a
leading M&A advisor in
Belgium and Europe as
demonstrated in various
ranking
• More than 110
assignments in 2015 for a
transaction volume of
around € 4.7 Bn through
bond- and equity issues
and financial engineering
Top 10 Benelux FR EU
#1 Rabobank Crédit Agricole CIB Morgan Stanley
#2 Degroof Petercam Natixis Crédit Agricole CIB
#3 ING Société Générale Rabobank
#4 KBC Degroof Petercam Natixis
#5 Crédit Agricole BNP Paribas Degroof Petercam
#6 UBS Rabobank Oddo Seydler
#7 Citigroup Oddo Seydler Société Générale
#8 BNP Paribas Morgan Stanley ING
#9 ABN AMRO UniCredit Group BNP Paribas
#10 Société Générale Arkea Morgan Stanley
Source : S&P & PPM
19. Full financial service package for our clients
Investment banking – Financial markets2.3
19 Our services
• Broker on 21 markets
• Involvement in numerous initial and secondary public offerings with top performance in real estate
and life sciences
• One of the largest Benelux sell-side analist teams covering 120 companies in the Benelux
• Credits and structured finance as additional service to Belgian, Luxembourg, French and Spanish clients
• Awarded as ‘Best Belgian liquidity provider’ 6 consecutive times (Euronext)
• Successful closings of multiple private equity funds and projects
Capital Markets Private equityCreditsFinancial research
20. Precision and performance in designing investment vehicles
Asset services2.4
20 Our services
Fund administration
& custody services
• Administrative Agent
• Domiciliary Agent
• Registrar and Transfer Agent
• Custodian
Value-added services
• AIFM and UCITS Management company
• Consulting on scope of project and solution
• Drafting of regulatory documentation
• Registration for cross-border distribution
• Investment Compliance
• Trading Services
21. One stop shop boutique
Asset services2.4
Depending on the context part of responsibilities can be delegated to third parties21 Our services
UCITS & AIFM
management
company services
Investment
Management
Central
Administration
Distribution &
marketing
Risk Management
Custody services
Safekeeping of assets
Transaction settlement
Corporate actions
Income collection
Tax reclaim
Ex-post compliance
Domiciliary agent
Provision of registered
address
Shareholder & board
meetings
Legal documentation
updates
Administrative
agent
Fund accounting
Reporting to
supervisors, auditors,
investors
Financial and fiscal
information
Dissemination of fund
data
Registrar and
transfer agent
Managing shareholder
registration
Identification of
shareholders
Cash payments related
to shareholder activity
22. 22 Why Bank Degroof Petercam?
Our
company
Our services
Why Bank
Degroof
Petercam?
Conclusion
23. Stable profit level
Because of our financial solidity3.1
23 Why Bank Degroof Petercam?
Income Statement (31/12/15) proforma
Conservative balance sheet:
• Basel III capital ratio: 16%
• Liquidity score (LCR) > 100%
• Stable funding (NSFR) > 200%
• No intrafinancial loans
• Diversified sources of income
EUR mio 2015
Gross operating result 125.3
Consolidated Net Income 96.1
FTE 1,375
• ECB regulated –
strong results in AQR
75%
11%
14%
2015 revenues by activity line
Gestion d'actif
Corporate Finance
et Credit &
Structured Finance
Marchés
Financiers
Asset management
Corporate Finance and Credit &
Structured Finance
Financial Markets
24. Long term family based shareholdership (31.12.2015)
Because of our stable shareholdership3.2
24 Why Bank Degroof Petercam?
DSDC* Petercam
Invest*
Management
and staff
Others
Bank Degroof Petercam nv|sa
49.12% 20.70% 8.23% 21.95%
* Family and reference shareholders (acting in concert)
DSDC: Philippson, Haegelsteen, Schockert and Siaens families, CLdN Finance and Cobepa
Petercam Invest: Peterbroeck and Van Campenhout families
25. Extensive expertise
Because we continuously invest in in-house expertise3.3
25
macro-economic research
buy-side analysts
sell-side analysts
fixed income specialists
credit specialists
third party fund research
fund and portfolio managers
private bankers and estate planners
investment bankers and traders
private equity specialists
experts in philanthropy, family
office and art banking
Durable investment
advice
Market
Volatility
Low
interest rate
environment
Globalized
economy
Low
economic
growth
Why Bank Degroof Petercam?
26. Extensive expertise
Because we continuously invest in support and control capabilities3.3
26
compliance, audit & risk management
finance support
legal expertise
digital natives
mark. and commercial support
talent management
technology platform
Durable framework
for our organization
Fiscal &
Regulatory
Change
Competitive
landcape
Digitalization
Clients
&
Society
Why Bank Degroof Petercam?
27. Private Banking
Institutional Asset
Management
Investment Banking
Asset Services
Institutional Asset
Management
Investment Banking
Institutional Asset
Management
Private Banking
Institutional Asset
Management
Private Banking
Institutional Asset
Management
Institutional Asset
Management
Investment Banking
Institutional Asset
Management
Asset Services
Present in 9 countries
with an ambition to
grow in Europe
Because of our
international
network
3.4
27 Why Bank Degroof Petercam?
FTE 31.12.2015
Belgium* 855
Luxemburg** 327
Switzerland 18
France 112
Spain 64
* including the branches in Germany, Italy and Netherlands ** including the subsidary in Honkgong
Private Banking
Institutional Asset
Management
Investment Banking
Asset Services
28. 11 local offices in Belgium
Because of our proximity3.5
28 Why Bank Degroof Petercam?
Brussels
Gent
Leuven
Hasselt
Wavre Liège
Namur
Antwerpen
Kortrijk
Knokke
Charleroi
29. Because of our strong values3.6
29 Why Bank Degroof Petercam?
“Degroof Petercam
empowers clients to
achieve their ambitions,
today and tomorrow”
30. Sustainable and responsible offering
Because of our humane approach to finance3.7
30 Why Bank Degroof Petercam?
Degroof Petercam
Foundation
Our philantropic
organization to support
our societal role
Tailored support
Advice on the creation of
foundations and other
philanthropic initiatives
Expertise on the management of
foundations
Networking with other
philanthropists
Investments with
social impact
Responsible funds and mandates
combing financial return and impact
on society
32. The right partner
Degroof Petercam4.1
32 Conclusion
Stable
Shareholdership and balance sheet
structure
Sustainable
In-house knowhow, solutions and strategy
Social
Humane finance as part of our DNA
Closeby
Regional and international
Accessible
From relationship managers to executives
Talented
Investing heavily in research teams
Client-focused
Tailor made solutions and
no unnecessary complexity
33. The right partner
Degroof Petercam4.2
33 Conclusion
The right
scale
Client-
centric
Excellence
“We favor pragmatic and efficient
answers to specific client issues over
standard solutions.”
“It s not the size of our company that
makes us great, but our values and the
proximity of our experts.”
“Family Business Owners, SME’s and
Midcaps are offered a local alternative for
universal actors and benefit from
multidisciplinary services ”
34. 34 Contact
Mainzer Landstrasse 50,
60325 Frankfurt am Main
+49 69 27 40 15 295
Zone d'activité La Cloche d'Or
12, rue Eugène Ruppert
2453 Luxembourg
+352 45 35 45 1
DE
LU
Rue de Lisbonne 44,
F-75008 Paris
+33 1 73 44 56 66
FR
Centre Swissair - CP 1119
Route de l‘Aéroport 31,
1211 Geneva
+41 22 929 7211
Via Monte di Pietà 21,
20121 Milano
+39 02 86337 223
CH
IT
Avenida Diagonal 464
08006 Barcelona
+34 9 34 45 85 00
De Entree 238 A,
1101 EE Amsterdam
+31 6 18 55 09 02
ES
NL
HEAD
OFFICE
Belgium
+32 2 287 91 11
@bdp_en
@bdp_nl
@bdp_fr
@bdp_es
degroofpetercam.com funds.degroofpetercam.com
/company/degroofpetercam
Rue de l’industrie 18,
1040 Brussels
Belgium
Contact
@degroofpetercam.com
blog.degroofpetercam.com
Head
Office
Belgium
Regional
offices
17/F Club Lusitano Building
16 Ice House Street
Central Hong Kong
+852 2881 9983
HK
