Tag: financial press release distribution

Market a Fund to Investors

Posted on by Mark Macias

By Mark Macias

Public relations can raise the profile of your firm. Unfortunately, the financial industry is one of the last sectors to embrace PR.

MACIAS PR has led many media campaigns for hedge funds, private equity firms, money managers and financial service providers. Our team secured media coverage for our clients with CNBC, Wall Street Journal, Barron’s Magazine and others.

This track record is partially why industry peers named MACIAS PR the 2017 Strategic PR Firm of the Year. And in 2015 and 2016, Finance Monthly named us the Financial PR Firm of the Year.

A recent white paper, How to Market your Fund under the New SEC Rules, found less than 5 percent of SEC registered hedge funds are taking advantage of PR.

The white paper found fewer than one in 20 SEC registered funds had a website, putting them out of reach of new investors. The research also discovered roughly 80 percent of the funds in Connecticut didn’t even have an email address for  investors to contact.

The white paper was published by MACIAS PR and can be downloaded by clicking here.

How to Market a Fund to Investors

Before the SEC lifted the restrictions on marketing, most funds had not developed a website, fearing it would give the impression of skirting the old SEC prohibition on advertising.

Those funds are now at a huge disadvantage since they are entering a modern world where an online presence is crucial to marketing any service.

Marketing a fund with the media is drastically different than marketing a product to the public. Every fund needs credibility before the media will even consider putting a portfolio manager on TV or quoting him as a financial expert. This is why he says it’s so crucial for all funds to establish credibility now with a strong online presence.

Here is an except from the white paper How to Market your Fund under the New SEC Rules:

Establish Credibility before any Media Outreach

Credibility matters in life, but it especially matters for journalists, says Macias who was a journalist for NBC, CBS and King World Productions. Whenever a portfolio manager is pitched as an expert to the media, journalists will quietly and overtly measure his expertise, integrity and experience in the financial industry. If a reporter doesn’t see an online presence on your fund, credibility questions will be raised, Macias says. Here are a few credibility questions you should be able to address and answer before your fund pursues media placements.

Develop a Content Marketing Plan

Your team of analysts already has a wealth of research that could be turned into white papers, blogs, articles or editorials that could be marketed on the web. This is known as “content marketing.” Content marketing is one of the most effective methods for reaching new investors because it provides a real value to consumers. When promoted on the web, content marketing platforms, like nRelate or Outbrain, can help your original content reach even more targeted business readers on influential blogs and news websites.

Research Financial PR and Financial Marketing Firms

Unlike ad campaigns that stop when your campaign ends, media campaigns keep working for your fund long after a PR campaign is over. The cost for a PR campaign effectively diminishes overtime, since news organizations rarely bring down their stories.

Another benefit to a financial PR campaign is a boost to your search engine ranking. If your PR team can convince a news organization to post a link to your website on their news site, other search engines will suddenly view your fund as more valuable, boosting its ranking to a higher position. Here are a few questions to help you determine which PR firm is the best fit for your hedge fund.

Develop an Email Marketing Campaign

Email marketing campaigns can be a targeted way to share your investor newsletters with potential investors. When written in a concise way, a fund’s newsletter can be shared with your clients’ sphere of influence, especially when it contains social media links embedded in the newsletter. The key to launching a successful email campaign is to deliver original content that educates readers on your fund.

Macias PR was named the 2017 Strategic PR Firm of the Year and 2016 and 2015 top PR Firm of the Year – USA by Finance Monthly. The founder – Mark Macias – is a former Executive Producer with NBC and Senior Producer with CBS in New York. He is also a PR contributor with CNBC, providing media analysis, insight and crisis advice on timely business topics.

Get My Story on the News

Posted on by Mark Macias

By Mark Macias

I recently got a Linkedin email that had a catchy headline on the surface, but lacked truth when you looked deeper.

“Publicity is the most under used method to get attention, yet the media is starving for stories.”

I think the Linkedin spammer might have had a better “PR” argument if he said the media is looking for great ideas. “Starving for stories” implies there is a shortage of story pitches hitting reporters and producers and that is not the case.

As an Executive Producer with WNBC, I approved story ideas from publicists, reporters and producers. When I would log into my email at NBC and CBS every morning, I would easily have 300 new emails that were sent overnight from publicists trying to get their clients on the news.

More than 90 percent of those emails didn’t identify a solid news angle and were treated as spam. Those publicists couldn’t find the story narrative even if they had a journalist sitting next to them. And that wasn’t just based on my media experience in New York. During my time as a news producer in Phoenix and Miami, the publicists were actually even more inexperienced.

The media wants to cover stories that have a compelling narrative, stories that impact the public, stories that uncover wrongs or inspire people to do right. Yes – not all news is bad. There is a home for inspiring stories and in TV, we usually call it the kicker.

The news industry is competitive, and it’s not easy to get a solid news story placed unless you have those compelling elements. Here’s more proof of that with numbers. A 30-minute newscast is actually 22 minutes after commercials. Add in sports and weather, and you have a heck of a lot of people trying to get their product inside of 12 minutes of air time.

So the next time you start thinking of hiring a PR firm, make sure you research the publicist or PR firm. If they start throwing out statements like the media is starving for stories – be leery.

Mark Macias is a former Executive Producer with WNBC and Senior Producer with WCBS. He’s also the author of the communications book, Beat the Press: Your Guide to Managing the Media. Macias now consults small and large businesses on how to get publicity. You can read more on his firm at MaciasPR or MarketYourFund.com

SEC Rules – Marketing Your Fund

Posted on by Mark Macias

What impact will the new SEC rules on advertising have on investors and the overall hedge fund industry?

From an operational perspective, most hedge funds are now at a marketing disadvantage since they have not developed an online presence. An analysis of more than 3,100 funds registered with the SEC revealed that fewer than one in 20 of those funds had developed a website, according to the white paper, How to Market your Fund under the New SEC Rules. 

Marketing a fund to investors is drastically different than marketing a product to the public. It requires content marketing, credibility for the fund, targeted marketing to investors, a prominent online presence and a media outreach to stand out from others.

Credibility must be established from the start before the media will even consider putting your portfolio manager on TV or quoting him as a financial expert. He may manage a $100 million portfolio, but the media is not going to take his word for it without seeing evidence of his expertise. This is why it’s so crucial for all funds to establish credibility now with a strong online presence before the new proposed SEC rules on advertising go into effect.

Hedge fund managers can read more white papers on the topic at www.MarketYourFund.com

Mark Macias is a former Executive Producer with WNBC and Senior Producer with WCBS. He’s also the author of the communications book, Beat the Press: Your Guide to Managing the Media. Macias now consults small and large businesses on how to get publicity. You can read more on his firm at MaciasPR or MarketYourFund.com

Credibility for my Business

Posted on by Mark Macias

By Mark Macias

Credibility matters in life, but it especially matters if you are trying to get a story on the news.

Whenever a journalist is pitched a story, he will quietly and overtly measure the person’s expertise, integrity and experience in the industry. Journalists  want to see proof on why this person is the best expert to add color to the industry.

This is why your business must establish credibility in the online world if you want to secure credible media placements.

If a reporter doesn’t see a solid online presence, credibility questions will be raised. This doesn’t mean you won’t succeed with a media placement, but it will be a much harder story sell to the media if you can’t show why you are an expert.

Here are a few questions to address and answer before you pursue media placements.

Q) What makes you qualified to speak on this topic?

Q) How many years of experience have you spent in the industry and why does this make you more qualified than your competitors?

Q) How big is your business in comparison to others?

Q) What part of your daily routine is spent reinforcing your expertise?

Q) What do you know as an insider that others would want to know?

Q) Does your business have a direct impact on reshaping the future?

Q) Is your business positioned as a leader in any trends?

Q) Do trade organizations recognize your business as a leader or expert?

Mark Macias is a former Executive Producer with WNBC and Senior Producer with WCBS. He’s also the author of the communications book, Beat the Press: Your Guide to Managing the Media. Macias now consults small and large businesses on how to get publicity. You can read more on his firm at MaciasPR or MarketYourFund.com