Asian IR teams cut back on investor meetings
IR departments based in Asia continued to pull back their meeting activity in 2016, according to research from IR Magazine.
The number of one-on-one investor meetings held by Asian companies in 2016 fell for the second year running to 194, compared with 224 in 2015.
The findings appear in the IR Magazine Global Practice Report 2016, which surveyed more than 1,300 IR professionals worldwide about their IR activities.
Despite this fall in investor meetings, Asian companies still attended more than North American companies, which held just 158 in 2016. European respondents took part in the highest number of one-on-one meetings, at 231.
The common trend among IR teams is that the larger the company, the more investor meetings it holds. This holds true in Asia until you get to mega-cap companies. The report finds that small caps held 82 meetings last year, mid-caps 186 and large caps 282 – but mega-caps attended only 195.
Click here to find out more about the IR Magazine Global Practice Report 2016.
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