CHICAGO: IR pros are handling more requests for annual reports from individual investors than ever before - and the trend shows no signs of slowing down.
CHICAGO: IR pros are handling more requests for annual reports from
individual investors than ever before - and the trend shows no signs of
World Investor Link, which provides annual reports and mutual funds
prospectuses to high-net-worth investors, reported last week that
requests were up over 100% from the same period in 1999, and almost 200%
over January 1998 levels.
Patrick Galleher, acting COO for the company, said that while January is
traditionally a period of high investor interest, this year new highs
were set. World Investor Link alone answered requests from some 505,000
high-net-worth investors during the month.
Practitioners on the frontlines, like R.R. Donnelly’s VP of corporate
communications George Stenitzer, said he has been forced to increase the
press run for the company’s annual report to meet the demand from
’The increase this year alone was in the tens of thousands,’ he
’Individual investors have found out they need to research the companies
they are investing in, and the number one place they look is to the
And it’s not only the high-end investors making the requests, according
to Charles Dufour, VP of the Public Register’s Annual Report Service,
which offers free annual reports on over 3,600 public companies.
’We’re getting a lot more requests, but not just this year,’ he
’I’d say requests from individual investors, both high-net-worth and
day-traders alike, really started picking up over the last two years.
And interestingly enough, more of those requests are coming from our Web
site than ever before.’
- See feature, p18.