Key highlights from Omni Bridgeway's Investor Day 2024

Omni Bridgeway (ASX: $OBL) presented its strategic initiatives and key takeaways at the Investor Day 2024. The event featured discussions on the platform business model, cost coverage, and liquidity management. The senior management team provided insights into the company's performance, achievements, and future plans. The presentation included a comprehensive overview of the fair value and valuation framework, as well as the platform's transition and evolution. The event aimed to provide shareholders and investors with a deeper understanding of Omni Bridgeway's operations and strategic direction.

Executive commentary from Omni Bridgeway's senior management

Raymond van Hulst, Managing Director and CEO, highlighted the company's leading fund management platform for legal assets and its valuable portfolio of existing investments. He emphasized the focus on increased cost coverage through growing fund fees and efficient management of the cost base. Guillaume Leger, Global Chief Financial Officer, discussed the liquidity management pathway and the annual OBL-only cashflows. Mark Wells, Global Head of Portfolio Management, provided insights into the volume-value optimization and the pathway to achieving the $1 billion annual fair value generation target. Jeremy Sambrook, Global General Counsel and Company Secretary, addressed the company's approach to reporting fair value and the key takeaways from the event.

Summary of Omni Bridgeway's strategic initiatives and outlook

Omni Bridgeway (ASX: $OBL) outlined its strategic initiatives at the Investor Day 2024, focusing on the platform business model, cost coverage, and liquidity management. The company aims to achieve over 70% cost coverage over the medium term through various levers such as growth of funds under management, improvement of fee terms, transaction fees, and cost management. The event provided a comprehensive overview of the fair value and valuation framework, emphasizing the company's commitment to simplified and consistent disclosures based on a robust fair value framework. The executive commentary highlighted the company's leading fund management platform for legal assets, its focus on increased cost coverage, and the pathway to achieving the $1 billion annual fair value generation target. Overall, the event aimed to provide shareholders and investors with a deeper understanding of Omni Bridgeway's operations and strategic direction.