Tatton A tton Ass sset et Ma Mana nagemen gement t Pl Plc - - PowerPoint PPT Presentation

Tatton A tton Ass sset et Ma Mana nagemen gement t Pl Plc

Spring 2018 P pring 2018 Par artner F tner For

• rum

um

Paul l Hogarth

“Our first year as a Plc”

2

TRADING STATEMENT

• Tatton AUM £5.0bn from £3.9bn
• PPL

368 Firms

• PMS

1219 Firms

Shar Share Pr e Price ice and Mar and Market C et Cap p

AT IPO NOW

Share Price £1.56 £2.07 Market Cap £87,000,000 £116,000,000

Cash at bank £11m Share price up 35% since float (highest £2.46) Forthcoming dividend

Significant Significant Shar Shareholder eholders s

SHAREHOLDER NAME PERCENTAGE SHARES HELD Liontrust Investment Partners LLP 10.6% Blackrock INC 10.2% Lombard Odier Investment Managers Group 6.2% Legal & General Investment Management Limited 5.7% Miton Group PLC 5.7% Chelverton 5.2% Kames Capital PLC 4.4%

Gr Group S

• up Str

truct uctur ure

Tatton Capital Limited(“Tatton” or

“TCL”)

Paradigm Partners

(“Paradigm” or “PPL”)

Paradigm Mortgage Services Paradigm Partners Tatton Capital Limited

Tatton Asset Management PLC

• Same Management Team
• Same day-to-day control
• More rigour
• More professional
• Enhanced board
• Chairman
• Non Exec Director

What’s Changed

What’s Changed

• Stronger market position
• Stronger profile
• No regrets
• Easier for new firms to use Tatton
• So much Due Diligence available in the market

FCA FCA Asset Asset Mana Management Mar gement Market Study et Study Value for money assessment/reporting *BIG WIN FOR TATTON* All AFM to make

• Public statement assessing value of their funds

FCA FCA Asset Asset Mana Management Mar gement Market Study et Study Value for money assessments Considering:

• 1. Quality of service
• 2. Performance
• 3. Costs
• 4. Economies of scale
• 5. Comparable market rate
• 6. Comparable services

Industry Trends Industry Trends

• Direction of traffic
• Reduce ongoing charges
• OCF

Down Down Down

• Not all at the expense of the IFA
• ARR = 0.804%

The The Lang C Lang Cat at Report Report into CIP into CIP

The Lang Cat found that the bracket of firms that flow 80% or more of their new business into a CIP now stands at 84%:

• 1. In house
• 2. Multi-Manager
• 3. Platform MPS

Why use a DFM MPS? 1. You don’t want to make investment decisions any more 2. You prefer portfolios to single-instrument multi- asset funds 3. You want discretionary management without using the DFM’s custody

Which Which CIP CIP to cho to choose?

• se?

TATT TTON ON Blend Blended ed (Cor (Core) Fun e) Funds ds no now w Liv Live 3 OEICS

Tatton Blended Cautious OEIC Tatton Blended Balanced OEIC Tatton Blended Active OEIC

• Available off platform ie SIPPS or onshore/offshore bonds
• On platform where DFM isn’t applicable
• Also available on all platforms for GIA’s.

Risk/OCF Tatton Core Brewin’s Jupiter SEI Premier Liberation Cautious 0.59 0.95 1.48 1.05 1.31 Balanced 0.64 0.94 1.63 1.10 1.37 Active 0.71 1.01 1.73 1.15 1.44

DFM charging level for MM funds! Tatt tton Cor

• n Core

e (Blended) D (Blended) DFM FM por portf tfolio

• lio funds

funds

Tatt tton Blended (Cor

• n Blended (Core) Funds

e) Funds

• Nucleus
• Amber
• Transact
• Standard Life
• Novia
• James Hay
• A J Bell
• Fidelity Funds Network
• Wealth time
• Elevate
• Aegon
• Aviva
• ATS
• Acentric

Where are they available?

Live on-

Pending-

• OMG
• True Potential
• Zurich
• Scottish Widows
• CO Funds

(institutional and Retail)

Tatt tton Blended (Cor

• n Blended (Core) Funds

e) Funds

Aim Aim IHT no IHT now on t w on the mo he move

• Assets now heading towards £20m
• Latest performance results

Hilton Hilton Upda Update te

NOT TRAVELODGE

• On track albeit late
• Deliver first full set of results
• City lawyers already appointed
• Structuring paper complete
• Strategy board meeting to follow

Tatt tton VIP

• n VIP