Initiatives within the MPF Campaign:
The lack of an efficient after market for listed firms
Our sector is fast growing and ghly profitable, yet invisible on ICB. As 70 firms listed in London fall under this definition, Noble Group has worked with the MPF Listed Firms committee to compile the MPF Professional Services Index to enable investors, firms and funds to track the performance of listed professional firms - a fast growing and highly profitable asset class. The Index was launched on 23 March 2009 with a session in London and a free report. The committee has also published a definition of a professional firm, see below.
Press coverage
Financial Times - 3 April 2009 - A benchmark index should not create bars to entry | read the full story..
Property Week - 27 March 2009 - Pros' Stock Exchange index | read the full story..
Consultant News - 26 March 2009 - First ever UK professional services index launched for investors | read the full story..
The Times - 24 March 2009 - The launch of a professional services index | read the full story..
Law Society Gazette - 24 March 2009 - Allen & Overy hosts launch of pioneering share index | read the full story..
Gaap Web - 24 March 2009 - Professional services share index launched | read the full story..
City AM - 23 March 2009 - Professional services firms to get more visibility
Dow Jones - 23 March 2009 - Professional Svcs Index Launched To Improve Visibility, Invest
Accountancy - 23 March 2009 - Professional services index launched | read the full story..
Investment Adviser - 23 March 2009 - Professional services index listed on LSE | read the full story..
Stimulate an informed debate at your firm
On 9 January 2008 the MPF held a public debate on 'The merits of engaging with external investors'. Attended by over 70 professional firm leaders, votes were cast on two motions and, following formal presentations from leaders of well known PSF brands and numerous observations from the floor, a re-vote revealed those present were slightly less enthusiastic after hearing the arguments.
The debate launched an MPF campaign aiming at highlighting and overcoming some of the key barriers faced by professional firms when engaging with external investors.
Whether your firm is reviewing its options or has already introduced external capital, we have assembled a range of resources which we hope you will find helpful:
- A meeting report written by Jeremy Dutton, CEO of Campbell Hooper & MPF London committee member - Please download here
- A slide deck that accompanies this report - download here
- A ten minute video on YouTube - www.youtube.com/mpfglobal
- A one hour DVD of the debate, intended to stimulate an informed internal debate on the merits of engagement, is available on request. MPF members are entitled to one free copy of the DVD, with extra copies and non-members charged £199 + VAT. Please let us know if you would like one or more copies.
The lack of a recognised methodology for valuing your brand
Working with valuation experts, Brand Finance, we are pleased to publish a detailed valuation methodology for partnerships. Download your free copy. Using this methodology, MPF and Brand Finance are currently compiling a report on the enterprise and brand values of the world's 500 leading professional firms.