UBS Results Presentation Deck slide image

UBS Results Presentation Deck

Asset Management Profit before tax m Operating income m Cost/income ratio Invested assets end of period, bn Performance fees Net management fees 401 Fondcenter¹ sale gains 774 255 227 48% 1,092 637 92 Fondcenter¹ sale gains 545 64% 1,121 (17%) 255 218 (7%) 666 "40" ارای 588 62% +11% 1,174 214 593 33 560 64% 334 1,154 721 94 Credit loss (expenses)/releases 627 54% 1,211 PBT 334m, (17%); FY21 PBT 1,030m; PBT +12% excl. Fondcenter¹ sale gains in 3Q20 and 2Q21 Operating income (7%) Net management fees +21% on higher average invested assets supported by continued strong net new run rate fee generation; includes 35m from fee accrual methodology change² Performance fees (63%) to more normalized levels - Operating expenses +4%; driven by higher personnel expenses Invested assets 1,211bn, +5% QOQ, driven by positive market performance, NNM and FX NNM +16bn excl. money markets; FY21 +48bn, 5% growth rate 4Q20 1Q21 2Q21 3Q21 4Q21 UBS 1 Subsequently renamed Clearstream Fund Centre; 2 One-time effect from a change in the fee accrual methodology for Swiss investment fund fees 35
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