Jason Ren, Cfa Email & Phone Number

Chicago, Illinois, United States

Chicago, Illinois, United States

Greater Chicago Area

Chicago

Greater Chicago Area

I serve as an equity analyst for real estate securities strategies managed by Duff & Phelps, including REIT institutional separate accounts, the Virtus Real Estate Securities Fund offered through Virtus Investment Partners and the Virtus Real Estate Securities Series, a series of the Virtus Variable Insurance Trust.

Greater Chicago Area

Primary analyst on 16 REITs across healthcare, storage, multi-family, lodging, and lab space, and 8 regional banks. In consensus on regional bank coverage. For the period from May 1st, 2011-Apr 30th, 2012, I was the 9th ranked analyst on Starmine for the commercial banks category, as measured by industry excess return. My 9.3% industry return placed me in the 92nd percentile of analysts covering banks. Coverage entails due diligence, discounted cash flow financial modeling, interviewing senior management, publication of initiation report, industry-wide reports, earnings updates, and stock pitches.Primary REIT coverage includes Public Storage, Equity Residential, AvalonBay, Host Hotels, and HCP.Primary bank coverage includes Commerce Bancshares, United Bankshares, SVB Financial, and FirstMerit Corporation.Review company reports, valuation models, and the presentations of other REIT analyst, who covers 23 REITs in office, retail, and industrial property sectors. Develop Morningstar's REIT credit rating methodology, and initiate credit coverage on 15 REITs under coverage.Designed, programmed, and developed Morningstar's REIT Institutional research model and company report.

• Covering approximately 30 companies encompassing regional banks and hotel, health care, apartment, and self-storage real estate investment trusts (REITs). o Coverage entails due diligence, discounted cash flow financial modeling, interviewing senior management, publication of initiation report, earnings updates, and stock pitches.o REIT coverage includes Public Storage, Equity Residential, Host Hotels, and HCP.o Bank coverage includes Commerce Bancshares, United Bankshares, SVB Financial, and FirstMerit Corporation.• Using bank free cash flow to equity forecast for bank credit ratings. • Fielding institutional client calls on stock coverage.

• Build and maintain discounted cash flow models on approximately 30 companies in the following sectors: regional banking, retail brokerage, hotel real estate investment trusts, and business development companies. • Wrote research reports on coverage companies, which detail valuation, competitive positioning, balance sheet health, and management stewardship.

US Equities desk

Evaluated and condensed morning reports and research papers across all sectors for sales personnel. Organized account management's road show contacts and feedback in Excel. Filtered daily healthcare and consumer sector news for contribution to product management's daily market wrap. Wrote up and presented stock pitches.

Summarized and analyzed civil liberties complaints for staff attorneys. Revised ethnic media database. Answered complainants over the phone. Updated civil liberties resource manual.

Bachelor Of Arts, Economics And History

Graduated cum laude

Study Abroad, Economics, History, Art