Tim Quast, Founder and President, ModernIR Market Structure Analytics
Investing giant Blackrock is a top holder of most stocks and manages $5.7 trillion. Its net income margin of 40% (full-year 2017) is better than Microsoft's. Along with compatriots Vanguard and State Street, these Big Three passive managers oversee some $14 trillion of global assets and over 70% of all Exchange Traded Funds investment - 75% of which is in the US market. Is your mind boggled by figures? We must only figure out one thing: What impact are these giants, and especially ETFs, having on market-direction and trading in your stock? One teaser: They are not pooled investments as we’re told, and they are not low-turnover, as we’re told.
Join Tim Quast, founder and President of equity behavioral analytics ModernIR for a rousing review of how passive investment behaves in the market - and what it means in terms of both risks and rewards for your stock and the market ahead.
Tim Quast is an Investor-Relations veteran and founder and President of Modern IR.
Launched in 2005, ModernIR is a financial technology company that uses Big Data analytics to translate complex market data into trading and investment behaviors for public companies. ModernIR pioneered the application of data-analytics to IR market intelligence and invented Market Structure Analytics™ for issuers and is now the largest provider of next-generation market intelligence to public companies.
A NIRI member since 1995, Tim is a frequent speaker and commentator on modern equity trading. His quotes on trading have appeared in leading media including the Wall Street Journal, Bloomberg, Financial Times of London, Reuters, Dow Jones, the Denver Post and the New York Times. His editorials on market structure run in trading publications including Traders Magazine, Dow Jones MarketWatch, CNBC Online and TABB Forum. Tim also appears regularly on CNBC’s Squawk on the Street.
Before starting ModernIR, Tim served as the first investor relations officer at SureWest Communications (Nasdaq:SURW). Before that, Tim was co-founder, President and Chief Operating Officer of global retail investor-relations services company Informed Investors, Inc., from 1995 until its merger with Wilink Plc (PrecisionIR) in 2001.
Tim began his capital-markets career in boutique investment banking at QBF Management Co., a private-banking British Virgin Islands firm, after earning a BA at Ambassador University in 1991.
Date: Thursday, September 20, 2018
6:00 pm - 7:00 pm - Registration, Networking, and Reception (The Reception includes, dinner, beer, wine, and soft drinks)
7:00 pm - 8:00 pm - Program
Location: Army Navy Building: 1627 I Street, NW, Washington DC (corner of 16th and I Street, across for the Farragut West Metro Stop)
Fee: NIRI Members $35; Non-Members & Guests $45
Mark your calendar for our upcoming events:
Tuesday, November 13, 2018: Raising Coin: Cryptocurrency as an Alternative to Traditional Capital
Tuesday, January 15, 2019: A CFO’s View of Investor Relations
Tuesday, March 12, 2019: Latest IR Research
Tuesday, May 14, 2019: NIRI in Your Neighborhood – join NIRI members in your area to network over lunch, breakfast or happy hour.