Members’
Day 2009: Resources for Success
Monday,
November 16, 2009
Cornell Club 6 East 44th Street New York,
NY
Given the difficult business
climate, several Investorside members contacted us in search of resources
to help them conduct their business more efficiently and achieve greater
market impact in a cost effective manner.
Investorside's Mission is to support our members in 2
ways:
Promotion
- We built and maintain a website, Investorside.org and we organize
annual conferences, member meetings and media communication to assist in
marketing our member firms to both individual and institutional investors
as well as to promote the growth of independent research.
Resources
- Investorside offers members a forum to exchange information and ideas
as well as access to shared resources. We have negotiated agreements with
several vendors to provide products and services at a negotiated rate
that is often less than the individual rate would be in an effort to help
our members improve productivity and grow their businesses in the most
cost efficient way.
To further assist our members in
the successful marketing and execution of their businesses, we chose the
theme of “Resources for Success”
for Members’ Day 2009. This theme
complements the strategic vision Rich Leggett, Chairman of Investorside,
articulated in his letter to members last year on “Leveling
the Playing Field”, as
access and utilization of these resources allow all of our members to
compete at a higher level.
One of the goals for Members Day
2009 will be to introduce our members to our vast network of resources,
both inside and outside of Investorside. Most of these resources are
available now, however there a number of others that will be introduced
at the event and will be available in the near future.
We are excited about the
opportunity to co-ordinate the use of these resources, many of which were
brought to our attention by members willing to collaborate and share
their stories of success. Some of
the resources that will be addressed include:
• IRP
Business Models
• Sales
• Marketing
• Distribution
• IT
infrastructure
• Analyst
mentoring and training
• Regulatory
and Compliance
• CEO
mentoring
• Research
outsourcing
• Payment
alternatives
• Human
Resources
• Business
Insurance
• Collaborative
Investorside opportunities
Save the Date! Plan to join us to learn more about the
exciting opportunity to avail yourself of these services that will help
you and your firm become more successful.
Registration begins on October
16, 2009
Please visit Investorside.org
for more details.
For sponsorship opportunities,
please contact Pat Shea at 877-834-4778
or pshea@investorside.org
Mediahub
Service Gaining Traction
October
5, 2009
A few months ago, Investorside
recognized an opportunity to fill a critical need for our members by
providing access to a distribution vehicle for press releases. The cost of using an outside service
and the manpower required to maintain a current database are prohibitive
to many of our members.
We believe it is essential that
our members get as much media exposure as possible, particularly with the
end of the Global Settlement and the need to compete with bulge bracket
firms who have vast resources for press exposure.
We secured access to
Marketwire’s Mediahub Service, providing our members the opportunity to
gain access to an extensive database of media contacts that is maintained
and updated by Mediahub. Lisa Russo agreed to work with us as coordinator
for this service and is available to assist with the writing and
dissemination of press releases for our members.
We created several distribution
lists such as U.S.
daily and weekly newspapers, online and broadcast media, and business
magazines in the U.S.
as well as similar lists for Europe and the UK. We can also create
customized target lists broken down by geography or topic upon request.
Several of our members have
taken advantage of this service and have been pleased with the ease of
use and the low cost in comparison to services like Business Wire, which
typically charge 5 X the cost of distributing through Mediahub via
Investorside. Through Mediahub we are able to distribute a press release
to over 1000 contacts simultaneously and the database is constantly
updated by Mediahub.
Our greatest success story to
date has been a response we received from a major business magazine
asking to interview someone from the subject firm on their daily TV show.
The exposure for the firm was better than we anticipated and all because
they received the press release.
We are delighted with the
results we have had so far and look forward to increasing the number of
members taking advantage of this service. If you have any questions or
would like more information about the service, please contact Lisa Russo
at lrusso@investorside.org
or 203-247-09291.
2009 Independents' Day
Conference
Video Highlights of ID 2009
The Fifth Annual Independents’
Day Research Conference was held at the Bloomberg
Conference Center
in New York City
on Wednesday April 8, 2009. For
the second year in a row, we set a new record for attendance and we were
particularly pleased that over 50% of the attendees were from the
buyside, thanks to the efforts of the New York Society of Security
Analyst (NYSSA) and turnout of its members. We believe the success of this year’s
conference highlights the growing importance of Independent Research in the
investment landscape. Investorside
is proud to represent the leading independent research providers who
continue to innovate the way research is gathered and disseminated.
The purpose of Independents’ Day
is to provide a forum for research providers to showcase cutting edge
research techniques and present case studies demonstrating the
effectiveness of their proprietary research methodology. Several of the
case studies presented have been nominated for awards to be presented at
the Annual Investorside Members Day conference on November 16th,
2009.
This year’s conference started
off with a stunning presentation by Susan Duncan, representing the IBM
Institute for Business Value, which projected the "Future of the
Financial Markets Globally". Susan’s presentation represented 18
months of work by a team of more than 60 researchers throughout the world
who examined industry trends and cross trends to provide strategic
insights into the global economy post economic crisis.
Other highlights included:
Opening Comments - Thought’s
on our Industry, Richard Leggett, Chairman of Investorside/CEO
Business Intelligence Advisor
Lunch with Charles
Gasparino, on-air
Editor for CNBC who has brokedn some of the biggest stories affecting the
financial markets. He is also a
columnist for Trader Magazine and a freelance writer for New york Magaine,
Forbes and other publications
Panel
Discussions:
•
Research
Management
•
The
Future of Credit Research
•
Regulatory
Environment – Winds of Change
•
The
Future of Expert Networks
Case
Study Presentations:
• Argus
Presentation - John Eade (Uncovered
Company Problem)
• Business
Intelligence Advisors - Meg
Devine & DJ Min (Washington Mutual
2008)
• RiskMetrics
– Nathan Powell & Matt
Schechter (GE
2008)
• Integrity
Research – Sandy Bragg (Sourcing
Alternative Research)
• OTR
Global – Shannon Fox (Agricultural
Materials)
• Majestic
- Tony Berkman (Amazon
Q-4 2008)
• Greenwich
Consultants - Mike Judd (Chemicals
2008)
• Verbatim
Advisory Group - John
Strehle (McDonalds)
All of these presentations are
currently available on video via the Investorside website link: http://www.investorside.org/imain?p=29
Unfortunately, two other case
studies were lost to video difficulties in one Bloomberg conference room
and they were:
• BattleRoad
– Ben Rose
(LDK Solar)
• DataExplorers
– Will Duff Gordon
(Volkswagen 2008)
We would like to thank all of our
distinguished panel participants including:
·
Jorge
Mina,
Co-Head of the Risk Management Business, RiskMetrics
·
Arthur
Rosenzweig,
Founder, Gimme Credit/Credit Derivatives Research
·
Glenn
Reynolds,
CEO, CreditSights
·
Dwayne
Middleton,
CFA
·
Mark
Rice,
EVP, Tamale RMS Division, Advent Software, Inc.
·
Tim
Gavin,
CEO, Code: Red Inc.
·
Sofia
Rossato,
SVP, Wall Street On Demand
·
Thomas
Laffont,
Managing Director, Coatue Management Kevin
Coleman,
CEO & President, Coleman Research Group
·
Dmitri
Mehlhorn,
Managing Director, Global Operations, Gerson Lehrman Group
·
Anne
Maffei,
President, Vista Research
·
Moderator:
Bruce Fador,
COO, Decision Resources Patrick
M. Joyce,
Special Counsel, SEC
·
Lee
Pickard,
Senior Partner, Pickard and Djinis LLP
·
David G.
Tittsworth,
Executive Director/EVP, Investment Advisor Association
·
Moderator:
John Meserve,
Executive Managing Director, BNY ConvergEX Group LLC
Investorside Annual Board Meeting
The Investorside Board of
Directors met for our Annual Meeting on Friday June 12th, 2009
at the offices of Argus Research in New York.
The meeting was opened by
Investorside Chairman, Rich Leggett, who determined a quorum was present
and ordered a reading of the minutes. The previous board minutes were
approved.
The next order of business was
the election of Officers and Directors for 2009/2010.
Rich Leggett was elected as
Chairman and the Board will be comprised of Tony Berkman, John Eade, Jim
Gingrich, David Good, Stanton Green, Paul Henneman, Penny Herscher, David
Hill, Michael Mayhew, and John Meserve.
Following the election of board
members, Rich Leggett gave the opening remarks reiterating our stated
goals and objectives for 2009-10, including:
• Raising
Investorside’s visibility
• Expanding
membership
• Building
community
• Building
stronger bridges to the buyside
Following Mr. Leggett’s
presentation, the following committee reports were presented:
Membership
and Certification Committee
- John Eade, Argus Research
Marketing
& Website Committee
– David Hill, Factset
Conference
Committee
– Penny Herscher, FirstRain
Government
Relations
Committee –
John Meserve, BNY ConvergEx
A lively discussion followed
each of the committee reports before the topics of old and new business
were addressed. It was determined
that the following topics would be discussed informally after the formal
meeting adjourned:
• Membership
survey results
• McLagan
Initiative
• IRP
startup checklist
• Affinity
relationships
• Regulatory
collaboration with other entities
A motion was made and approved
to adjourn the meeting and members proceeded to discuss the above topics during
lunch. The formal and informal
portions of the meeting lasted approximately two hours and the board has
schedule another meeting to coincide with Members Day 2009.
Investorside is proud to welcome the
addition of 10 new members.
Alacra,
Inc.,
- Alacra creates sophisticated
online technology and services to help clients find, package and present
business information. Financial institutions, professional service firms
and other corporations have long used the same content sets to support
clients, research deals and investigate market opportunities. The Alacra
mission is to package this content and deliver it in a format that best
meets each organization's precise needs.
Steven Goldstein, Chief
Executive Officer
www.alacra.com
Blue
Heron Research Partners
- Blue Heron provides in-depth, qualitative research for some of the
world's largest, most savvy institutional investors. Our clients hire us
because we're dogged, determined, accurate and ethical. Our team's
extensive investigative reporting experience gives us a significant edge
in researching publicly-traded and private companies. Drawing from incomparable
experience, a large pool of resources and powerful perspective, we get in
the trenches to uncover the real story. It's this expertise combined with
strong ethics and integrity that consistently leads to accurate,
conflict-free research.
At Blue Heron, we’re problem
solvers. Our clients rely on us to conduct disciplined, focused and
ethical qualitative due diligence. We’re acutely aware that in today’s
dynamic markets, investors need actionable information delivered in a
timely manner.
David
Ryneck, Managing Partner
www.blueheronrp.com
Ceiba
Equity Research
- Ceiba Equity Research (CER) is a provider of small-cap research for
institutions. CER's philosophy is to find under-valued, relatively
unknown companies with significant upside potential. We will also
recommend shorting stocks that have become significantly overvalued given
the underlying fundamentals. CER will employ an extensive due diligence
process that includes extensive financial statement analysis and channel
checks. Our ultimate goal is to help our clients earn significant returns
(50% or more) on the companies we recommend.
Jim Gentrup, Director of
Research
www.ceibaequityresearch.com
Emerging
Nordic Research
- On the ground, in the Baltics: Emerging Nordic Research is the only
independent equity research firm concentrating on Estonia, Latvia
and Lithuania.
These three EU and NATO member states form a unique cluster within
northern Europe that we identify as the
Emerging Nordic. In spite of their current emerging status, these
countries have historically formed an important trading bridge within Europe.
Ivars
Bergmanis,
Managing Director
www.emergingnordicresearch.com
EquityFeed
Corp.,
- A real-time market data, news and advanced analytics platform for
Institutional equity traders (the EquityPipe platform).
Stephan Touizer, Chief Executive
Officer
www.equitypipe.com
IRC
Securities,
The primary mission of the Investment Research Consortium (IRC) is to
provide independent investment research firms with a suite of services
uniquely designed to increase their revenues, reduce their costs and
streamline their workflow. The consortium consists of leading and highly
differentiated independent research organizations that provide valuable
and timely research for the benefit of the asset management community.
Brian
O'Day, Chief Executive Officer
www.ircsecurities.com
Primary
Global Research
- PGR's unique sell-side research model gives institutional money
managers an edge that has long since disappeared on Wall Street. Our
exclusive client base and gated network maximize the value of incremental
information, giving clients a strategic advantage when making investment
decisions. Whether you need to respond quickly to dynamic market
conditions, study longer term fundamentals and mega-trends, or confirm an
existing investment thesis, PGR's people, processes, and technology
provide the competitive information you need to act decisively in your
customers' best interest.
Unni Narayanan, Chief Executive
Officer
www.pg-research.com
The
Indago Group,
- The Indago Group a boutique independent research firm serving both
financial institutions and law firms. Our company is comprised of
experienced former investigative journalists. We do not give investment
advice. Instead, we investigate the target corporations by examining
public records and gathering intelligence to provide financial clients
with a unique perspective on corporate business practices. In addition,
we provide investigative services to law firms specializing in securities
fraud and false claims litigation.
Diane Schulman, Partner
www.theindagogroup.com
Trusted
Sources UK Ltd,
– Trusted Sources is a research and Networks Company specialising in
top-down analysis of the emerging markets, in particular the BRICs, with
a central focus on policy impact. The business was created by Nicholas
Mather, Christopher Granville and Larry Brainard, all former
bankers/analysts with many years experience in the emerging markets; and
Jonathan Fenby a well known former newspaper editor turned China watcher with five books on China to
his credit.
We are head quartered in London and the
business is largely owned and controlled by the management. We have 14
analysts organised into country teams and an EM Macro team.
Nicholas Mather, Chief Executive
www.trustedsources.co.uk
WANTED
USA
- WANTED Technologies is the leading source of insight and intelligence
based on hiring demand. The company aggregates more than six million
online job listings each week. From this information, the company
provides analytical insight via a web-based platform known as WANTED
Analytics. The company's headquarters are in Quebec City, Quebec,
and it is publicly traded on the Toronto Venture exchange under the
ticker symbol: WAN.V
Bruce Murray, Chief Executive
Officer
www.wantedtech.com
|
