Global Wealth Management: 2011 Outlook
Global Wealth Management: Key Metrics
($ billions)
Q1/10
Q2/10 Q3/10
Q4/10
Q1/11
Assets Under Administration
181
188
188
197
205
Assets Under Management
Mutual Funds Market Share in
Canada*
42
44
44
46
6 48
8.84%
9.10%
9.18%
9.23%
9.25%
Scotiabank
*Mutual Funds market share is based on a comparison with total Schedule I banks.
Source: IFIC. Excludes Scotiabank's investments in DundeeWealth and Cl.
Scotia Capital: Strong Trading Revenues
Revenues (TEB)
($ millions)
35
900
804
724
503
446
385
397
339
358
Q1/10
Q4/10
Q1/11
Global Capital Markets
Global Corporate & Investment Banking
Scotiabank
Year-over-Year
■ Global Capital Markets
+ Higher precious metals revenues
- Lower trading revenues in fixed income
■ Global Corporate & Investment Banking
- Lower lending volumes, primarily in the U.S.
Quarter-over-Quarter
■ Global Capital Markets
+ Higher revenues in institutional equity and
precious metals
■ Global Corporate & Investment Banking
+ Higher investment banking revenues
+ Higher loan origination fees and lending margins
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