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By using this website and reading our research you agree to the terms below.

Last updated September 2026

Use of the site

This site and its content are provided for information only, for professional and sophisticated investors. You may read, print, and quote short extracts with attribution.

You may not republish, redistribute, or resell our reports in whole or in substantial part, or use them to train machine learning models, without our written permission.

No investment advice

Nothing on this site is investment advice, a personal recommendation, or an offer to buy or sell any security. We do not consider your objectives, financial situation, or needs.

Past performance is not a guide to future returns. You are responsible for your own investment decisions and should take independent advice where appropriate.

Accuracy

Our research is prepared in good faith from sources we believe to be reliable, but we give no warranty that it is accurate, complete, or current, and views may change without notice.

Intellectual property

All content, including text, charts, and the Fayd Capital Group name and marks, remains our property or that of our licensors.

Liability

To the extent permitted by law, we are not liable for any loss arising from use of, or reliance on, this site or its content. Nothing here excludes liability that cannot lawfully be excluded.

Governing law

These terms are governed by the laws of England and Wales, and the courts of England and Wales have exclusive jurisdiction.