A published method
for every product.
These summaries describe how we produce our notes, rankings and indices. The full document for each method is available on request.
Equity research
Integrated BRVM notes.
- Data: annual financial statements, price history, official listing bulletins, residual order-book quantities.
- Four separately scored diagnoses: fundamental, technical, quantitative (three models), order book.
- 3-month opinion and three scenarios, each tied to a trigger level.
- Each note is dated, sourced and archived unchanged.
Fund rankings
Ranking every fund.
- Universe: every licensed WAEMU fund with a sufficient NAV history.
- Six weighted criteria, identical for every fund in a category.
- Quarterly updates; funds without sufficient data are flagged, not silently excluded.
- The label licence has no effect on the ranking.
Sovereign risk
Reading public finances.
- Public sources: budget laws, programming documents, central bank and international institution data.
- Debt sustainability, liquidity and fiscal stance indicators.
- Unsolicited research: states do not pay to be analysed.
- This is not a regulated credit rating.
Indices
Index governance.
- Public rulebook for each index: universe, selection, weighting, caps, reviews.
- Index committee separate from the research team, minutes kept.
- Quarterly reviews announced in advance; corporate actions handled under written rules.
- Complaints procedure and annual method review.
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