IAM's Financial Overview and Growth Strategy

Emerging market heritage underpins growth Positioned for developed market demand for emerging market investments Emerging market heritage Limited scale of South African market necessitated early internationalisation Founded: 1991 Presence: South Africa Now a diversified global business though emerging markets remain both an important investment strategy and a significant source of client assets AUM: c.£40m Access to, and insight across, the full breadth of emerging market regions 15 Notes: 1. AUM as at 30 September 2019, "Emerging markets" includes Africa and Asia Pacific (excluding Australia). By client location¹ 51% £121bn 49% By investment strategy¹ 43% £121bn 57% ■ Emerging Markets ■Developed Markets

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