Uploaded byBank Degroof Petercam
Degroof Petercam corporate presentation
Bank Degroof Petercam is a Belgian bank with over 140 years of history that provides private banking, asset management, investment banking, and asset services. It has a presence in 9 countries and over EUR 50 billion in assets under management. The presentation outlines the company's services such as private banking, institutional asset management, investment banking including corporate finance and capital markets, and asset services including fund administration and custody. It emphasizes the company's client focus, expertise, and financial solidity.
Degroof Petercam corporate presentation
- 1. Corporate presentation Corporate presentation BankDegroof Petercam
- 2. 1. Our company 2.Our services 2.1 Private Banking 2.2 Institutional asset management 2.3 Investment banking 2.4 Asset services 3. Why Bank Degroof Petercam? 4. Conclusion Agenda 2 Agenda
- 3. 3 Our company Our company Ourservices Why Bank Degroof Petercam? Conclusion
- 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 5Our 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
- 6. 6 Our services Our company Ourservices Why Bank Degroof Petercam? Conclusion
- 7. Client focus isour 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 ofAUM 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 assetsthrough 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 specializedneeds 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, basedon 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 assetmanagement2.2 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 assetmanagement2.2 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 clienttype (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: financialadvisory 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 inBelgium 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 inEurope 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 servicepackage 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 performancein 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 shopboutique 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 BankDegroof Petercam? Our company Our services Why Bank Degroof Petercam? Conclusion
- 23. Stable profit level Becauseof 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 familybased 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 wecontinuously 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 wecontinuously 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 InvestmentBanking 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 officesin 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 ourstrong values3.6 29 Why Bank Degroof Petercam? “Degroof Petercam empowers clients to achieve their ambitions, today and tomorrow”
- 30. Sustainable and responsibleoffering 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
- 31. 31 Conclusion Our company Our services WhyBank Degroof Petercam? Conclusion
- 32. The right partner DegroofPetercam4.1 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 DegroofPetercam4.2 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 Landstrasse50, 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
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