Citigroup was the leading sponsor of investment conferences in the fourth quarter of 2017, hosting over thirty conferences, according to investor relations platform provider Virtua. New York was by far the most favored venue.
The 667 fourth quarter events tracked by Virtua’s StockConferenceCalendar service were organized by 245 providers. The top five sponsors were Citi, JP Morgan, Deutsche Bank, Macquarie Securities and Jefferies.
New York was the most popular location, garnering 14% of the total fourth quarter conferences. London was the next second most frequently used venue, followed by Hong Kong, Singapore and Boston.
The analysis is based on data supplied by Virtua StockConferenceCalendar, considered to be the largest global database of investment conferences and presenters. Virtua is a financial services technology company focused on providing platform-based analytical tools and services tailored to the workflow needs of Investor Relations (IR) professionals and publicly traded issuers. Although the firm is headquartered in Boston, much of the analysis and data collection is done in India.
Virtua acquired StockConferenceCalendar in 2015 from Dremer IR Counsel, an IR consulting company.
For more information about StockConferenceCalendar, contact firstname.lastname@example.org or call (617) 426-0900.
High touch services such as conferences and other events are one of the more highly valued research products. Large investment banks have been among the most active conference sponsors because they have been traditionally paid through commission trading. As institutional investors increasingly incorporate interactions data into their research valuations, bank conference revenues may come under pressure as more scrutiny is paid to attendance and value received. For now, however, banks remain the most active conference sponsors.