Investor Presentaiton
27
Wealth & Capital Markets highlights*
Australian
Unity
m
Property
Assets under management
increased to $3.0 billion
(2018: $2.8 billion)
Pipeline of property
development of $1.3 billion
(2018: $1.3 billion)
Managing lending and debt
facilities on behalf of investors
of $1.6 billion
(2018: $1.7 billion)
Healthcare Property Trust
increased assets under
management to
$1.6 billion (2018:
$1.5 billion) with a return of
9.3% for the year
Life & Super
Assets under management and
administration of $2.3 billion
(2018: $2.2 billion)
Sales reached $221.5 million
(2018: $216.2 million)
As at 31 March 2019, the business
remained number one in the
investment bond sector in terms
of assets under management with
27.3% of funds under management
High Court of Australia finding in
favour of Lifeplan in Ancient
Order of Foresters in Victoria
Friendly Society Limited
(Foresters) v Lifeplan Australia
Friendly Society Limited.
Judgement amount was on an
"Account of Profits" basis
resulting in a favourable outcome
to the Group
Investments
ā Funds under management (FUM)
of $6.0 billion
(2018: $5.6 billion)
Investments' joint venture partner
Acorn Capital Limited launched
the Acorn Capital Expansion
platform, which will invest in
emerging Australian companies,
with $52.0 million provided by
investors in its initial capital
raising
Investment portfolios of the
Group approx. $680.0 million,
including capital stable and highly
liquid insurance reserves,
achieving a weighted aggregate
return of 3.4 percent
(2018: 2.8 percent).
Advice
New leadership team
established, with a focus on
positioning the business for
sustainable growth and
operational scale supported by
enhanced supervision,
investment and technical
functions
Advice revenue increased 6.3%
to $58.3 million for the year
(2018: $54.8 million)
Decrease in adviser numbers
(including limited authorised
representatives) to 184
(2018: 194)
Trustees
Continued implementation of a
new operating system, designed
to support and strengthen
service and operations
capabilities
Establishment of three common
investment funds with
$124.1 million of clients' funds
invested
Completion of program to
reduce the legacy book resulted
in a reduction in active FUM and
trusteeship to $325.2 million
(2018: $360.7 million) due to the
closure of legacy estates and
the appointment of more
suitable administrators for some
protected persons - clients
Figures at 30 June 2019, unless otherwise noted
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