Euromoney Institutional Investor

Euromoney Institutional Investor PLC
Public (LSE: ERM)
Industry Magazines,
Newsletters,
Journals,
Event Organisation
Founded 1969
Founder Patrick Sergeant
Headquarters London, UK
Key people
 Andrew Rashbass, CEO
Revenue £386.9 million (2017)[1]
£43.4 million (2017)[1]
£43.2 million (2017)[1]
Owner Daily Mail and General Trust (49%)
Website www.euromoneyplc.com

Euromoney Institutional Investor PLC is one of Europe's largest business and financial magazine publishers which has interests in financial publishing and event organization. It is a constituent of the FTSE 250 Index. It is 49% owned by the Daily Mail and General Trust Group.

History

Euromoney magazine was founded by Sir Patrick Sergeant in 1969 as an international business-to-business media group focused primarily on the international finance sector.[2] The costs to launch the magazine were covered with £6,000 from Associated Newspapers and £200 from Sergeant himself and a number of other Mail employees, with Hambros Bank putting up stand-by credit. Padraic Fallon joined the magazine as editor. He would takeover as chairman and executive after Sergeant, overseeing the company until his death in 2012.[3]

Patrick Sergeant continued to manage the business until 1985 when he became chairman. The company was first listed on the London Stock Exchange in 1986.[4] Sergeant retired as chairman in September 1992 when he was appointed president and non-executive director, but served as a board member until May 2018.[2]

Acquisitions

Acquisitions include:[5]

  • 1989 International Tax Review
  • 1996 Reactions (magazine)
  • January 1999 ISI Emerging Markets
  • 2003 Hedge Fund Intelligence
  • February 2004 Information Management Network (IMN)
  • 2006 Metal Bulletin
  • 2006 BCA Research[6]
  • October 2006 Total Derivatives
  • May 2008 BPR Benchmark
  • May 2008 Benchmark Financials
  • August 2010 Arete Consulting
  • August 2011 Ned Davis Research Inc.
  • February 2012 Global Grain Geneva
  • January 2013 TTI/Vanguard
  • March 2013 Insider Publishing
  • April 2013 Centre for Investor Education
  • April 2013 Quantitative Techniques
  • October 2013 IJ Online
  • July 2014 Mining Indaba
  • August 2016 FastMarkets[7]
  • March 2017 BroadMedia Communications[8]

Portfolio

Euromoney's portfolio includes brands such as Euromoney, Institutional Investor, BCA Research, Ned Davis Research, Metal Bulletin, American Metal Market, International Tax Review, International Financial Law Review, SRP, CEIC Data, EMIS, Insurance Insider, Mining INDABA, RISI, Global Capital and IJGlobal among others.[9]

Training

The company operates several other divisions in addition to its publishing arm. These include Euromoney Learning Solutions, which delivers specialist training in the financial, legal and energy sectors. To date this section of the business has trained over 250,000 people worldwide.[10] In May 2015 Euromoney Training and DC Gardner Training merged to form Euromoney Learning Solutions.[11] The London Metal Exchange announced in January 2015 that it would partner with the company to offer specialist courses.[12]

References

  1. 1 2 3 "Annual Report 2017" (PDF). Euromoney Institutional Investor. Retrieved 25 March 2018.
  2. 1 2 "Euromoney Business Profile, FT.com". Markets.ft.com. 2012-05-02. Retrieved 2012-07-18.
  3. ↑ "Obituary: Padraic Fallon". Markets.ft.com. 2012-10-16. Retrieved 2012-10-16.
  4. ↑ "Euromoney Institutional Investor". International Trade. Retrieved 17 March 2014.
  5. ↑ "Euromoney Institutional Investor PLC". euromoneyplc.com. Retrieved 28 March 2015.
  6. ↑ "Euromoney purchases a majority stake of Ned Davis Research". integrity-research.com. Retrieved 28 March 2015.
  7. ↑ "Euromoney: Acquisition - RNS - London Stock Exchange". www.londonstockexchange.com. Retrieved 2016-09-17.
  8. ↑ "Euromoney acquires BroadGroup". Retrieved 2017-03-31.
  9. ↑ "Euromoney". www.euromoneyplc.com. Retrieved 2017-06-19.
  10. ↑ "Banking and capital markets". Retrieved 28 September 2015.
  11. ↑ "Euromoney Training and DC Gardner Training Have Merged to Form Euromoney Learning Solutions". Retrieved 28 September 2015.
  12. ↑ "LME Boosts Outreach Strategy With New Education Offering". Retrieved 28 September 2015.
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