NEW YORK, March 9, 2015 (GLOBE NEWSWIRE) -- Harvest, the financial discovery and communication platform for investors has seen remarkable growth, with more than 4,000 investment firms and 85,000+ investors worldwide now contributing to and accessing its 24/7 mix of the highest-quality, transparent investment information previously unavailable to investors on a single public site. Harvest registered financial firms manage well in excess of $5 trillion, with professional members ranging from Dan Loeb to Blackrock to the U.S. Treasury.
Harvest offers what the Street's been waiting a long time for, a transparent, SEC and FINRA compliant way for pros and money managers to share investment ideas and brand their top stars and investment philosophies—in an open environment built for both personal investors and professionals/wealth managers.
As such, investment content shared on Harvest by Verified Professionals on the site outperforms the same content posted to LinkedIn by 200% - 600%; with 22.5% of Harvest users contributing to its crowd-sourced content marketplace of 60,000+ posts to date (growing at 250+/day), ranging from macro thoughts to trade ideas to white papers.
This includes posts from star investors like Loeb, Steve Tananbaum, Kyle Bass, Sahm Adrangi and Jody Lanasa; firms like Third Avenue, Legg Mason, Morgan Creek, Quaker Funds; and top research firms like The Credit Strategist, YCharts, Estimize: and ActivistShorts, along with a host of hedge/mutual funds, institutional investors, research analysts, financial advisors, etc.
Harvest makes it easy for investors to search for new investing ideas or vet their own: search by idea, follow favorite "investment stars", or discover money managers with relevant expertise, then track, link and sync that information to make more informed investments (one cool feature: every member begins with a virtual million dollar hedge fund, which they can use to benchmark and compare).
For example earlier this year Highland Capital in its post, Airlines - Can The Bull Market Continue?, predicted on Harvest that airline stocks would rise because fuel prices would go down. This was exactly the same time that Seeking Alpha wrote the opposite opinion. Harvest users could see the analysis and supporting materials, and personal investors following Highland would have access to that opinion while it was formulating, and what the reaction from top pros was in real time.
Other top-read posts from the second half of 2014 included:
- Harvest Interview Series: Deep Value Investor Tobias Carlisle Submitted by Tobias Carlisle, Eyquem Investment Management LLC
- Odyssey Marine's Oceanica: A Closer Look Submitted by Scott Vincent
- Macro Volatility, The Fed & Hayman's Thoughts on GM Submitted by J Kyle Bass, Hayman Capital Management LP
Harvest also announced this year Harvest Private, aimed at financial and investment-based organizations that are in need of a more efficient and effective form of private, secure, and compliant communication networks. Harvest Private is a powerful tool for augmenting IR and client communications, making it easy to share timely information, updates, and documents within a closed, "invite-only" network.
Harvest is the financial discovery and communication marketplace that enhances the way investors share expertise and information with industry leaders, peers, and potential clients. Harvest includes the top money managers, research analysts, and sophisticated investors from the world's best asset management, research, and financial advisory firms. Harvest is free to join and members engage its 24/7 mix of the highest quality, transparent investment information from the brightest minds on the Street.