Contents
Sections1 Rothschild Group 2
2 Rothschild & Cie Gestion 6
3 Rothschild HDF Investment Solutions 10
4 International business coverage 13
1
1.1 The Rothschild familyA family at the centre of the world’s financial markets for more than 250 years
Original English arm Extinct armsEnglish arm set up in France French arms
James1792-1868
Paris
Amschel1773-1855Frankfurt
Carl1788-1855
Naples
Mayer Amschel Rothschild1743-1812
Salomon1774-1855
Vienna
Nathan1777-1836
London
Gustave1829-1911
Alphonse1827-1905
Edmond1845-1934
Robert1880-1946
Edouard1868-1949
Maurice1881-1957
Edmond1926-1997
Benjamin1963
Nathaniel1946
Robert1947
Eric1940
Edouard1957
David1942
Elie1917-2007
Alain1910-1982
Guy1909-2007
Lionel1808-1879
Nathaniel1812-1870
Leopold1845-1917
Nathaniel1840-1915
Nathan1844-1881
Henry1872-1946
Anthony1887-1961
Nathaniel1877-1923
Philippe1902-1988
Evelyn1931
Victor1910-1990
Jacob1936
Philippine1935
1. Rothschild Group
3
1.2 A family-controlled and independent groupParis-Orléans: the parent company of the Rothschild Group
Organigramme simplifié du Groupe
Rothschild & Cie Rothschild & Cie Gestion
100%
93%
Concordia Holding SARL
Paris Orléans SA
Advisory services for mergers and acquisitions Direct management
Rothschild HDF Investment Solutions
Open architecture management (traditional and alternative)
Investment solutions
Rothschild Continuation Holdings Rothschild & Cie Banque
55%
45%
Profile
Paris Orléans is the parent company of the Rothschild Group and
is controlled (47%) by a group of Rothschild family members
acting in concert, by companies owned by members of the
Rothschild family and by other shareholders with long-standing ties to
the Rothschild family.
The company is listed on the Eurolist market of Euronext Paris.
Source Paris-Orléans – figures as of March 31st 2012
Simplified shareholding structure
* Wealth management and asset managementParis-Orléans – figures as of December 31st 2012
28,1
34,237,2 39
0
10
20
30
40
2009 2010 2011 2012
Evolution of the assets under management* (in €bn)
1. Rothschild Group
4
1.3 Core activities of the Rothschild GroupFour main arms: asset management, wealth management, merchant banking and global financial advisory
4 main arms
• Institutional Asset Management provides investment management
and advisory services to institutional clients, financial intermediaries,
third-party distributors and private clients around the world. It operates
through two principal subsidiaries:
− Rothschild & Cie Gestion, headquartered in Paris, covers a full
range of products including equities, fixed-income, convertible
bonds and flexible diversified funds. It also offers open architecture
investment solutions in all asset classes;
− Rothschild Asset Management Inc, headquartered in New York,
manages investments covering a range of US securities including
large-cap, small/mid-cap, small-cap, and balanced strategies.
• Wealth Management and Trust business provides wealth structuring,
investment management, banking and trust services to wealthy
individuals, families, trusts and charities;
• Merchant Banking business deploys the firm’s capital, alongside that of
trusted partners, primarily in European investment opportunities;
• Global Financial Advisory business provides impartial, expert advisory
and execution services to corporations, governments, institutions and
individuals.
WealthManagement
Merchant banking
Global financialadvisory
Asset management
1. Rothschild Group
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2.1 Rothschild & Cie GestionTwo core practices: direct management and open-architecture investment solutions
Complementary expertise
Family controlled
European clientele
Direct management: equities – bonds – convertibles and diversified
Predominance of the Eurozone
• A wholly-owned subsidiary of Rothschild & Cie Banque, itself majority-owned by the Rothschild family
Limited partnership (general partners are personally liable for the commitments of the Company)
France, Belgium, Netherlands, Luxembourg, Germany, Austria, Switzerland, Spain, Italy
Rothschild & Cie Gestion Rothschild HDF Investment Solutions
Open-architecture investment platform for traditional and alternative investments and innovative investment solutions
All asset classes and all geographic areas
A subsidiary majority-owned by Rothschild & CieGestion
• Simplified joint-stock company
Responsible investment Signatory of the UN PRI
2. Rothschild & Cie Gestion
7
21 856
0
5 000
10 000
15 000
20 000
25 000
2005 2006 2007 2008 2009 2010 2011 2012 2013
2.2 Assets under managementRothschild & Cie Gestion manages €22* billion
Asset class breakdown
Client breakdown
Evolution of the assets under management (in €m)
Source Rothschild – as of 30/03/2013* AUM included Rothschild & Cie Gestion and its Rothschild HDF Investment Solutions
subsidiary
+ 68%
2. Rothschild & Cie Gestion
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2.3 Investment Solutions Set UpManagement-Solutions Integration
6 experts
Investment Solutions
Assembling
Design
Servicing
Rothschild & Cie Gestion, 25 investment professionals• Large cap equities• Mid cap equities• Fixed income: sovereign,
corporates• Convertibles• Balanced
Direct management Open architecture
RHIS, 26 investment professionals• Open-architecture investment
platform for traditional and alternative investments
• Innovative investment solutions(Solvency 2, structuring,quantitative modelling…).
Customized Investment Solutions Lab
Contrarian
Convexity Conviction
Fundamental Approach
Financial Engineering &
Bespoke Solutions
Portfolio Construction & Allocation
Manager Selection
Risk Management
2. Rothschild & Cie Gestion
9
3.1 Rothschild HDF Investment Solutions Group (RHIS)Long-term experience and consistent track record
Client-focused culture
• Committed & innovative
• Rigorous investment process
• Robust risk management for consistent performance
• Signatory of the United Nations Principles for Responsible Investment (UN PRIs)
Long-term experience and track record
• 23 years experience, dating back to 1989
• In-depth research, sourcing and selection of the investments
• Pioneer of open-architecture investment solutions platform combining long-only and alternative funds
• Personalised approach to investment solutions
Understand and achieve our clients’ investment objectives, focusing on risk, constraints and liabilities Committed to open-architecture investing Incorporate risk management into every step of the investment process
Key Values
Multi-strategy / single-strategy / trading-oriented funds of hedge funds Single managers Multi-manager long-only funds Bespoke solutions / advisory mandates
3. Rothschild HDF Investment Solutions
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3.2 Rothschild HDF Investment SolutionsOur offering: three core activities
Dedicated MandatesOpen-Ended Funds of Funds Investment Solutions
Innovation & structuring - Funds of one (single manager)- Solvency II Solutions - Formats (UCITS, ARIA…)
Mandate allocation - Liabilities management - Quantitative modelling
Integration of clients’ objectives and constraints
Diversified open-ended fund range
For all client types - Institutional Investors- Distributors- Private Investors
Various Registration / Legal Structure / Currencies
Customised management in one or more areas of RHIS’ expertise
Multiple formats- Institutional mandate- Mutual funds- Managed accounts - Advisory management - Manager-guided funds
Dedicated management - Specific constraints - Customised reporting
Bespoke solutions to meet specific client requirements
Innovation & structuring - Single manager- Solvency solutions:
Solutions with downside protection (risk on/risk off); solutions for asymmetric risks
- Structure (UCITS, ARIA…)
Mandate allocation - Liabilities management - Quantitative modelling
1 32
Client focused
Asset classes- Equities (all caps)- Fixed Income - Currencies - Derivatives- Commodities
All investment styles / strategies- Multi-strategy- Long short (equity / fixed income) - Global macro- Quantitative trading- Relative value- Long-only
All geographic areas - World- Europe- Japan- Emerging - Asia
Diversified investment universe
Broad investment offering across3 approaches
Innovative solutions to optimise and control risks across a broad base of investment expertise
3. Rothschild HDF Investment Solutions
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4.1 International business coverageAn organization tailored to have a large coverage of our key markets
Russia
Finland
Sweden
Norway
UK
Ireland
Iceland
France
GermanyBelgium
Netherlands
Denmark
Poland
Lithuania
Latvia
Estonia
Belarus
Ukraine
Moldova
Bulgaria
Romania
Czech Republic
Slovakia
HungaryAustriaSwitzerland
ItalySpainPortugal
Serbia
Slovenia
Croatia
Kosovo
Macedonia
GreeceTurkey
Cyprus
Luxembourg
Spain1 dedicated Sales person and 1 Senior advisor6 funds registered
UKGlobal consultantsPan-European fund selectorsSubsidiary dedicated to Open-architecture investment Solutions business development
BeneluxA dedicated Sales team of 3 persons15 funds registered in Belgium8 funds registered in Luxembourg5 funds registered in Netherlands
GermanyPartnership with a TPM
6 funds registered
Switzerland (Zurich Branch)Dedicated branch
12 funds registered
ItalyDedicated branch
1 person
Opportunistic approach: • Japan/Asia
(2 funds registered and 5 fund registrations in progress in Japan)
• Middle East• Africa
4. International business coverage
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Disclaimer
Source: Rothschild. All rights reserved. This document is intended exclusively for professional investors and is not to bedistributed to and/or relied on by private individual investors.This document is for informational purposes only and does not constitute an offer or solicitation to subscribe to the Funds described,nor does it replace the Fund's key investor information document (KIID) or prospectus. The information provided in this document isnot contractual.Shares of each fund are not being offered or sold in any jurisdiction where the offer or sale is prohibited by law.Subscriptions will be received and shares or units will be issued as indicated in the Fund's KIID or prospectus. The present documentdoes not indicate any fees or commissions that may be charged when issuing or redeeming the Fund's shares or units.Rothschild HDF Investment Solutions provides no guarantee whatsoever in relation to fund performance and will not be liable for anydecision made on the basis of the information provided in this document. Past performance is no guarantee of future performanceand performance may vary over time.Investment in one or more of the Fund's shares or units is not without risk. Rothschild HDF Investment Solutions recommends thatinvestors consult their financial advisor or Rothschild HDF Investment Solutions before making any investment decision, especially todetermine whether or not the Fund's characteristics are appropriate for their requirements. The rules governing taxation depend oneach client's particular situation and may be modified.Information for "US persons"This Fund’s shares or units are not and will not be registered for sale in the United States pursuant to the US Securities Act of 1933as amended or pursuant to any other US law. These shares or units therefore must not be offered or sold in or transferred to theUnited States (including US territories and possessions) nor directly or indirectly benefit any US person (as understood underRegulation S of the 1933 Securities Act) or any equivalent person, as defined in the HIRE Act of March 18, 2010 and the ForeignAccount Tax Compliance Act (FATCA).
4. International business coverage
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