Investment Research

A publication (other than a personal recommendation) which contains:

(A) the results of research into a Relevant Investment or its Issuer;
(B) analysis of factors likely to influence the future performance of a Relevant Investment or its Issuer; or
(C) advice or recommendations based on those results or analysis.
Derived from QFCRA RM07/2005 (as from 13th October 2005).