Equity Research
Frequently Asked Questions
Sponsored Research
What is sponsored equity research?
Sponsored equity research involves a third party, like Little Square Capital, conducting research on a specific company or industry and offering the findings to investors. Issuer-sponsored research refers to when a company compensates an independent research firm to analyze specific stocks or industries.
At Little Square Capital, we specialize in analyzing complex industries and companies, especially those in sectors with large private players often overlooked by other research firms.
What sets Little Square Capital's research apart?
Our research stands out due to our commitment to in-depth, unbiased analysis. We focus on long-term factors that can materially impact an investment case, ensuring our research remains relevant and of high quality.
We provide evidence-based insights and maintain objectivity, even if it means parting ways with clients who disagree with our conclusions. Since we do not issue investment recommendations, conflicts are minimized.
What is our process when researching smaller companies?
For smaller or private companies, we conduct thorough industry and market analysis, stakeholder interviews, financial modeling, risk assessment, and scenario analysis. This delivers a comprehensive view of a company’s performance, risks, and growth potential.
How do you handle conflicts of interest in sponsored equity research engagements?
We address conflicts of interest in equity research services through transparency, ethical guidelines, independence from external pressures, robust internal reviews, and adherence to a comprehensive code of conduct. By not providing target prices or investment recommendations, we reduce rating pressure and focus on high-quality insights.
Are you limited in research distribution and / or investor introductions?
Due to MiFID II regulations, our research doesn’t include investment recommendations, making it accessible to all global investors. We also use known distribution platforms like FACTSET to facilitate distributions, and can direct introductions to interested professional investors when appropriate.
How much do your services cost?
Please visit our pricing page for details. For bespoke services, contact us to discuss your specific requirements.
Bespoke Research
Why should you use your bespoke research services?
Our bespoke equity research services offers in-depth, customised analysis tailored to investment funds. These reports provide valuable insights to help clients make informed decisions and navigate industry trends.
What is the typical timeframe for completing a bespoke research project?
For sectors we specialise in, projects are typically completed within 8 weeks from first contact. For unfamiliar or complex sectors, the timeframe may extend to 12 weeks, depending on information availability.
Where can I access your previous work?
Our bespoke research is commissioned by specific clients and isn’t publicly available unless the client agrees to make it public.
What do we expect from investment funds to improve the process?
Can you provide examples of previous bespoke research projects?
Our commissioned research is not public unless a client requests its release after a designated period, at our discretion.
What types of deliverables can clients expect from a bespoke research engagement?
Deliverables typically include written reports (20-30 pages), which may be supplemented by interactive sessions (CEO Calls, Webinars) to further engage and address investor queries.
Conclusion:
At Little Square Capital, we offer unbiased, comprehensive analysis to help you attract capital, navigate market challenges, and strengthen investor relations. Our expertise elevates your profile by connecting you with potential investors, improving disclosure, and enhancing transparency.