Research documents and analysis

Journal

Rigorous analysis at the intersection of technology, macro, and capital allocation. Our research identifies mispriced risk across global markets.

Published Reports

10 reports available
TechnologyNovember 2024

Semiconductor Cycle Inflection: Supply Chain Dynamics & Equity Implications

Comprehensive analysis of semiconductor manufacturing capacity buildout, inventory dynamics, and pricing power across the value chain with specific equity positioning recommendations.

47 pages
CybersecurityOctober 2024

Post-Quantum Cryptography: Winners & Losers in the Migration

Assessment of quantum computing timeline probabilities and identification of companies positioned to benefit from the inevitable cryptographic infrastructure transition.

38 pages
Artificial IntelligenceSeptember 2024

AI Infrastructure Capex: Mapping the Compute Arms Race

Analysis of hyperscaler capital expenditure trajectories, supply chain bottlenecks, and second-derivative beneficiaries in the AI infrastructure buildout.

52 pages
CommoditiesAugust 2024

Critical Minerals: Positioning for the Energy Transition

Mapping of critical mineral supply-demand dynamics with focus on lithium, cobalt, and rare earth elements. Includes specific producer and processor equity analysis.

41 pages
IndustrialsJuly 2024

Defence Primes: Structural Tailwinds & Margin Expansion

Examination of defence contractor order books, backlog conversion rates, and operating leverage potential in an elevated spending environment.

35 pages
InfrastructureJune 2024

Subsea Infrastructure: The Hidden Backbone Trade

Deep dive into subsea cable operators, installation contractors, and maintenance providers benefiting from data traffic growth and redundancy investment.

29 pages
AerospaceMay 2024

Space Economy: Commercial Opportunities Beyond the Hype

Sober analysis of space economy unit economics, separating viable commercial models from speculative narratives with actionable equity ideas.

44 pages
Life SciencesApril 2024

Synthetic Biology: Platform Companies & Pick-and-Shovel Plays

Framework for evaluating synthetic biology companies with focus on platform durability, manufacturing scale-up, and near-term revenue visibility.

33 pages
EnergyMarch 2024

Grid Modernisation: Utilities & Equipment Suppliers

Analysis of electrical grid upgrade requirements, regulatory tailwinds, and capital deployment opportunities across utilities and equipment manufacturers.

46 pages
FinancialsFebruary 2024

Payment Rails Evolution: Infrastructure Plays in Fintech

Assessment of payment infrastructure evolution, real-time settlement adoption, and durable competitive advantages in payment processing and banking-as-a-service.

31 pages

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