NEW YORK, Oct. 29, 2012 /PRNewswire/ -- Dukas Public Relations (DPR) today announced it has received a "Highly Commended—PR Firm of the Year" distinction by HFMWeek, a leading hedge fund trade publication. DPR was the only public relations agency servicing hedge funds to receive this award, which was judged on client satisfaction and service, innovation, financial growth and adaptability.
"This recognition is a testament to the quality of our personnel and the service that DPR provides its hedge fund and asset management clients, as well as our strong belief in the importance for hedge funds to take a more public posture than they traditionally have, " said Richard Dukas, President & CEO of DPR. "Many hedge funds hire public relations firms to keep them out of the media, but managers are increasingly realizing the value of proactive brand building through thoughtful and transparent media relations."
DPR provides its hedge fund, asset management and service provider clients with domestic and international communications counsel from its New York headquarters. These services include media relations, message development, media coaching, speakers' bureaus, search engine optimization and editorial services.
Dukas added, "The implementation of the JOBS Act, which effectively loosens restrictions on hedge fund marketing and media outreach, will gradually disavow hedge fund managers of the notion that the press and marketing should be avoided. To be sure, a growing number of forward-thinking managers recognize that proactive engagement with the media can help them achieve their business objectives, but this reality has not set in for most in the industry. Still, DPR has grown its hedge fund practice by approximately 50 percent since 2011 and is seeing growing demand for its services from this group."
Dukas Public Relations is an award-winning agency that excels at developing and implementing strategic communications programs and high-impact media coverage for asset manager, financial and professional services firms, as well as a number of technology companies. In addition to this most recent HFMWeek distinction, DPR has earned a variety of awards, including being nominated as PR Week's best agency of 2010; winning consecutive Bulldog Award gold medal awards for best investment banking and financial services campaigns; and consecutively being ranked as one of Inc. Magazine's 5,000 fastest growing, privately owned companies from 2008-10.
SOURCE Dukas Public Relations