Investor Presentaiton
Asset portfolio
Breakdown of invested assets¹
at 30 Jun 2022 $bn
Shareholder debt portfolio
at 30 Jun 2022
Par funds Unit linked
Shareholder-
backed 2
Holding by issuer
Total
Portfolio No.
$bn Issuers5 $m
Av.
Debt
49.6
Max
$m
<BBB-6
5.1
24.4
79.1
Direct equites
11.3
11.3
2.2
24.8
Sovereign debt
11.9
81
146.9
3,508.6
13.2%
Collective investment
21.8
6.9
3.7
32.4
Other debt
12.5
1,429
8.7
260.0
schemes 3
24.4
7.4%
20.6%
Mortgage
0.0
0.0
0.1
0.1
Investment grade 10.7
1,041
10.3
260.0
Other loans
1.9
0.0
0.4
2.3
High Yield
1.8
485
3.7
190.2
Other 4
1.2
0.4
2.5
4.1
12.5
Total
85.8
23.7
33.3
142.8
66
69
Note: invested assets valued on an IFRS basis, therefore exclude the assets of joint venture operations.
1. Totals may not cast as a result of rounding.
2. Includes shareholder exposure in the Group's asset management businesses.
3. Underlying assets of collective investment schemes comprise a mix of bond, equity, liquidity, property and other funds.
4. Other financial investments comprise deposits, derivative assets and other investments.
5. Presented on issuer group basis.
6. Based on middle rating from Standard and Poor's, Moody's and Fitch. If unavailable, local external rating agencies ratings and then internal ratings have been used.View entire presentation