Apollo Global Management Investor Day Presentation Deck
Retirement Services Benefitting From Strong Secular Tailwinds
NEED FOR
RETIREMENT INCOME
SHIFT FROM
DB TO DC
DEMOGRAPHICS
TAILWINDS
1.5
billion
people aged 65+
in the world by 2050;
2x 2019 level1
2000
www.
10-YEAR TREASURY YIELD²
2021
(ASSETS³,
$ TRILLIONS)
$5.1
$3.7
>80%
$9.4
1. Survey from United Nations Department of Economic and Social Affairs. 2. 10-Year Treasury yield as of December 31, 2021. 3. Congressional Research Service: "US Retirement Assets: Amounts in Pensions and IRAs."
APOLLO RETIREMENT SERVICES BUSINESS UPDATE 2022
$3.7
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
DEFINED BENEFIT
DEFINED CONTRIBUTION
INDUSTRY
RESTRUCTURING
Low interest rates
driving down
profitability
Legacy liability
issues
Increasingly
difficult to find
alpha in public
credit markets
alone
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