Editorial Standards

1. Who writes our research

Our published analysis is written and reviewed by Growth Capital Research, the research function of the firm, rather than attributed to individual authors. We publish institutionally because the work is produced collaboratively and because the firm, not an individual, stands behind every claim we make.

The team comprises former investment bankers and investment professionals with backgrounds at Tier 1 institutions. Where a piece depends on specialist knowledge outside our competence, we say so and we cite the specialists we relied on.

2. Sourcing

We work from primary sources wherever a primary source exists. In practice this means statute, regulation, official guidance, court decisions, regulator and government publications, and the published filings or data releases of the institutions concerned.

• Legal, tax, and regulatory claims are traced to the instrument itself, and we name it specifically rather than describing it in general terms.
• Market and economic data is attributed to the body that produced it, not to the outlet that reported it second hand.
• Where a secondary source is the only source, we identify it as such rather than presenting it with more authority than it carries.
• We do not cite a source we have not read, and we do not reproduce a citation chain without checking that it resolves.

3. Verification

Quantitative claims are checked against the underlying release rather than against a previous version of our own work. Statutory claims are checked against the instrument in force on the date of publication, which matters because the regimes we write about change frequently and often with transitional provisions.

Every published figure carries its unit, its period, and its source. A number without those three things is not a fact, and we do not publish it as one.

4. What we will not publish

Some claims are excluded by policy rather than by editorial judgement.

• We do not publish assets under management figures, performance claims, or any representation of returns.
• We do not publish client identities, case studies, or testimonials, whether real or illustrative. Where we describe a scenario it is explicitly hypothetical.
• We do not publish a claim about our own track record, credentials, or scale that we cannot substantiate on request.
• We do not present our published analysis as personal advice. It is written for a general readership and cannot account for individual circumstances.

5. Review before publication

Nothing is published automatically. Every piece is reviewed before release against the standards on this page, and material touching tax, legal, regulatory, residency, or jurisdictional questions receives an additional review focused on whether each claim is correctly stated, correctly limited, and current.

A draft that cannot be sourced to the standard in section 2 is not published, even where we believe it to be correct.

6. Currency and revision

Published analysis carries a publication date and reflects our understanding as at that date. We do not silently update past work to keep it looking current. Where a regime changes materially after publication, we either revise the piece and mark the revision, or publish new analysis and link the two.

7. Corrections

We correct errors of fact promptly and visibly. A correction states what was wrong, what is correct, and the date the correction was made. We do not remove a substantive error without acknowledging it.

If you believe something we have published is inaccurate, write to [email protected] and tell us what you think is wrong and why. We would rather be corrected than be consistent.

8. Independence

We are not paid to publish, and we do not accept payment, sponsorship, or consideration of any kind in exchange for editorial coverage of a jurisdiction, institution, product, or provider. Where we hold a commercial relationship relevant to something we are writing about, we disclose it in the piece.

9. Use of artificial intelligence

We use automated tooling in our research process, including for source discovery, drafting support, and consistency checking. Tooling does not relax any standard on this page. No claim reaches publication on the authority of a model: sourcing, verification, and review in sections 2, 3, and 5 are performed against primary sources regardless of how a draft was produced.

10. Scope of this page

These standards govern our published research, including analysis on this site and material distributed by email, in documents, or through our social channels. They are editorial standards. They are not a regulatory disclosure, and they do not modify the terms set out in our regulatory disclosures, terms, or privacy policy.