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 739 169 1,162 401 Gain from the sale of Fondcenter¹ 36%² 980 774 255 571 88 505 (2) Gain from the sale of Fondcenter¹ 518 (71%) +27% excluding Fondcenter gain 48% 227 1,092 (49%) +0% excluding Fondcenter gain 637 92 545 64% +18% 1,121 255 218 666 *40** 588 62% Credit loss (expenses) /releases 1,174 214 3Q20 4Q20 1Q21 2Q21 UBS 1 Subsequently renamed Clearstream Fund Centre; 2 71% excluding the gain from the sale of Fondcenter 593 -33- 560 64% 1,154 3Q21 PBT 214m, +27% excluding 571m gain from the sale of Fondcenter¹ in 3Q20; 10th consecutive quarter of YoY PBT growth Operating income flat excluding last year's gain Net management fees +16%, excluding a 28m loss related to an associate Performance fees (62%) to more normalized levels - - Operating expenses (10%) driven by lower personnel expenses Invested assets 1,154bn, (2%) QoQ, driven by FX and market performance NNM +1bn excl. money markets; +2bn incl. money markets; +70bn NNM excl. money markets over the last 12 months, 8% growth 20
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