Disclaimer – Legal framework

Our activity, consisting of providing independent financial research reports, is regulated by the French financial markets authority (AMF). ALEZOR Research  is not identified as a provider of investment services. Instead, ALEZOR Research is a provider of independent research.

  • ALEZOR Research and or its authors may hold securities in the subject company.
  • The research reports are kept for a period of 5 years.
  • ALEZOR Research applies a code of ethics.

Code of ethics

  • Client’s interests come first, and any information relative to former, current and prospective clients is confidential except when the information is required by the law.
  • The research reports are elaborated in an independent manner with a particular emphasis on objectivity when conducting the research process.
  • The author diligently researches any information deemed significant for the purpose of assessing the intrinsic value of the subject company.
  • No material non-public information is used.