PROCONSULT has provided consulting services to hundreds of institutions in the financial and investment community to date. These corporations represent a full spectrum of diversity in a financial services industry that invests hundreds of billions of dollars into the oil & gas industry annually. Whether they participate from a lending position, have direct operating interests, or are active via the markets, institutional investors are extensively involved in the oil & gas industry, making them members of one leading industry investing in another leading industry. Whether they are large organizations with an encompassing global presence or smaller firms with a more localized footprint, or anywhere in between, PII can provide industry insights & expertise that make a difference.
PROCONSULT understands the distinctive needs of different types of investor.
While banking institutions considering a credit facility to an oil & gas company for example, may request independent expertise within the structure of a detailed due dilligence process, the needs of an asset management firm with an active fund may be much different. Theirs can be a world that moves at a quickened pace where the industry related information & expertise they seekt facilitates a more rapid evaluation for their decision process. While both may place equal value on the information sourced, the type of and use for it addresses very different needs.
How well represented are institutional investors in the oil & gas industry?
Very. Take USA oil & gas companies as an example. In a 2007 report entitled "The Distribution of Ownership of U.S. Oil and Natural Gas Companies" Shapiro & Pham found that ~70% of all oustanding shares are held by institutional investors:
Oil & Gas
Industry
Corporate Insiders
1.5%
Institutional Investors
69.5%
Asset Management Firms 60.8
With mutual funds
42.7
Without mutual funds
18.1
Pension Funds
3.9
Public
3.3
Private
0.6
Insurance
0.9
Endowments/Foundations 0.1
Banks
3.2 Click to enlarge
Other Financial Institutions 0.6
Individual Investors
29.0%
Total
100.0%
..."it is noteworthy that asset management companies hold and manage oil and natural gas shares for many of the other classes of owners examined here."
Shapiro and Pham, "The Distribution of Ownership of U.S. Oil and Natural Gas Companies"
How does PROCONSULT serve an expansive global financial services industry where clients are literally all over the planet?
The world is still big in some respects. PII has been to much of it. So in today's world, handling the needs of institutional investors based in financial centres around the world is supported by and often hinges on comms technology. Telephone and video conferencing can manage distance and PROCONSULT's global clientele utilizes these communication medians effectively to stay connected. It is very common on any given day to conduct a consultation with a client in any one of the top financial centres in the world; New York, Hong Kong, London, or Singapore for example, about a client's interest(s) in an oil & gas project taking place in the UAE, or Kazkhstan, or Brazil. Conference calling widens the possibilities even further and can directly involve client representatives from any or all corporate offices. PII has experienced 40 people in 14 different countries on the same conference call.
At times however, consultation efforts are still best served with face to face meetings, and as such PROCONSULT is no stranger to many of the financial centres of the world. Below are the top ten for 2009 as ranked by the Global Financial Centres Index (GFCI):
1. London 2. New York 3. Hong Kong 4. Singapore 5. Shenzen
6. Zurich 7. Tokyo 8. Chicago 9. Geneva 10. Shanghai
How do institutional investors achieve immediate benefits and value at PROCONSULT?
They tap into expertise forged from a wealth of experience and knowledge. PROCONSULT knows oil & gas extremely well but it also understands investors. PII has been consulting to investors for a long time now , and often. This experience affords a skillset that quickly understands you, your need and how to respond to queries and conduct discussions in a way that maximizes your consultation time. So whether you are a generalist with interests in a variety of industries or are a purist in hydrocarbon resource plays, PROCONSULT can provide the information you seek in a language that gives you what you came for. Information and perspectives that makes sense. Information and perspectives that empower. Informations and perspectives that help drive informed decisions.