EVENTS:   Best Equity Short Ideas Conference Call 12 - Zach Shannon/Corto Capital Advisors & Craig Huber/Huber Research Partners & Thomas Beevers /Forensic Alpha & Ed Steele/Iron Blue Financials & Bill Campbell/Paragon Intel - 12 Nov 25   Will AI Deflate the World? Macro Lessons from Three Industrial Revolutions and China - Manoj Pradhan/Talking Heads Macro - 13 Nov 25     ROADSHOWS: Forest Products Sector Equity and Commodity Research With Expertise in Distressed Debt - Kevin Mason /ERA Research   •   London   12 - 14 Nov 25       Buyside to Buyside Forum and Expert Calls across TMT, Consumer, Healthcare and Fintech - Andrew Peters /Revelare Partners   •   London   17 - 19 Nov 25       Fundamental US Healthcare Short Ideas - Dr Elliot Favus /Favus Institutional Research   •   London   17 - 19 Nov 25      

Fortnightly Publication Highlighting Latest Insights From IRF Providers

Company Research

Alpha generating fundamental research in the biotech space

Healthcare

Bios Research

Bios Research continues to identify strong short ideas (>$1bn Mkt/Cap) while also pursuing coverage of under-covered long opportunities. In the past year they have provided several potentially fraudulent theses in their short research. For example, having done a significant amount of research in the Alzheimer's disease space Aaron Fletcher has found the early data of Cassava Sciences particularly troublesome. Re. long ideas, Aaron highlights some very attractive <$750m Mkt/Cap names with significant cash on hand and upcoming catalysts. Further information is available on request.

Edition: 122

- 29 October, 2021