Access

Research Access

Structural Alpha is public. FIBCOS Research is paid. Professional and institutional relationships are handled directly by the Research Desk.

PublicFree · RegistrationPaidInstitutional
Access levels 4
Free categories 1 Research Notes
Research categories 6
Published pricing — Not yet set

Level 01 — Public

Structural Alpha

No registration, no account, no gate.

Public
01Country Structural Alpha Indexes and their constituents
02Index status: Active, Under Review, Removed
03Concise public thesis summaries, structural drivers and key risks
04Inclusion and removal dates, and the full Alpha history
05Portfolio relationships and construction methodology
06Performance, benchmark and disclosures once live
07Intelligence: additions, removals, thesis updates

Level 02 — Free

Research Notes

Free of charge. Registration required, no payment details requested.

Free · Registration
01Short observations on the markets and companies FIBCOS covers
02A development worth recording, or a structural question the research has raised
03Published alongside the public record, not behind a price
04Registration identifies the reader; nothing is charged at any point
05A note does not establish or revise a thesis — that work is paid

Level 03 — Paid

FIBCOS Research

The research supporting every Alpha decision.

Paid
01Equity Research — Company-level research establishing or revising the investment thesis behind an Alpha decision.
02Industry Research — Industry structure, competitive dynamics, secular trends and the implications for covered companies.
03Macro & Market Research — Macro and market analysis published only where it bears directly on an Alpha or portfolio decision.
04Thesis Updates — Revisions to an established investment thesis following new evidence.
05Company Research — Detailed company intelligence supporting or preceding formal Alpha consideration.
06The full research archive
07Thesis updates as evidence changes

Quoted per engagement

FIBCOS does not publish a price list, because the work does not come in one size. A private investor asking for a single company report and a family office commissioning coverage across several markets are not buying the same thing, and a standard price would be wrong for both. Scope is agreed first — which markets, which companies, how many publications, over what period, and whether a portfolio review is included. The fee follows the scope and is confirmed in writing before any work begins.

Level 04 — Paid

Portfolio Review

Your portfolio, assessed against the criteria FIBCOS applies to its own.

Paid
01Each holding assessed against the FIBCOS Structural Alpha criteria — whether a durable advantage is identifiable, the mechanism by which it would compound, and the conditions under which it would cease to hold.
02Concentration and overlap: how much of the portfolio depends on the same structural driver, which is often not the same as how many positions it holds.
03Whether the benchmark the portfolio is measured against is appropriate to its realised exposure, cap profile, universe and currency treatment.
04Positions where the available evidence does not support a structural conclusion either way, stated as such rather than resolved.
05Confidential to the client and never published

A service, not a publication

A Portfolio Review is commissioned by one client and delivered to that client. It never enters the FIBCOS research archive, is never cited, and the holdings it contains are never used as an input to any public FIBCOS record.

Level 05 — Institutional

Professional & Institutional

Future professional research relationships.

Institutional
01Research relationships for professional and institutional readers
02Coverage discussion with the Research Desk
03Access to institutional-level publications
04Arrangements agreed individually

Scope and fee

The work does not come in one size, so neither does the fee.

FIBCOS does not publish a price list, because the work does not come in one size. A private investor asking for a single company report and a family office commissioning coverage across several markets are not buying the same thing, and a standard price would be wrong for both.

Scope is agreed first — which markets, which companies, how many publications, over what period, and whether a portfolio review is included. The fee follows the scope and is confirmed in writing before any work begins.

No fee is charged before the scope is agreed in writing, and no work is invoiced that was not in it.

Handled directly by the research desk

Every paid engagement is agreed, delivered and supported by email, directly with the FIBCOS Research Desk. There is no client area to log into, because at this stage there does not need to be one — a small number of engagements are better served by a person who knows the file than by a portal. A client area with sign-in and a document library will be built when the number of active engagements makes direct handling the slower option. It is a consequence of client volume, not a milestone in itself, and it will be announced here when it exists.

Request

Tell the desk what you need. Scope and fee come back by reply.

Every engagement is handled directly by the research desk. Nothing is charged before the scope is agreed in writing.

Email the desk

What FIBCOS does not offer

01Investment-management services
02Account opening or deposits
03Copy trading or signal following
04Personal investment advice
05Paid research without a stated methodology behind it

Evidence, not endorsement

FIBCOS presents its method, its coverage and its published record. It does not borrow credibility from partner logos, testimonials or press mentions — the work is the argument.