Disclaimer – Legal framework
Our activity, consisting of providing independent financial research, is subject to the applicable regulatory framework of the French financial markets authority (AMF). ALEZOR Research is not an AMF-regulated investment services firm.
- ALEZOR Research and its research personnel do not undertake personal or proprietary trading in securities that are the subject of the firm’s research or investment ideas.
- No Material Non-Public Information (MNPI) or inside information is knowingly used in the preparation or dissemination of research or investment ideas.
- 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.