Company
Aurelion Research is an independent investment research firm.
As Featured In
A Leading Voice in Independent Thematic Equity and Commodity Research
Aurelion Research provides ongoing coverage of global equities, commodities, and investment themes, translating market shifts into actionable insights. Our independent analysis is relied upon by leading asset managers, institutions, and individual investors worldwide.
Our Thematic Lens
The largest moves in equity markets come from structural forces that reprice entire sectors at once. Commodity cycles, capital reallocation, regulatory shifts and technological change.
Through our thematic investing framework, we identify those forces early, before they reach consensus.
Research That Runs in Both Directions
We are best known for turning investment themes into actionable stocks across public markets. This includes recent work across oil markets, defense, chemicals, healthcare, and other sectors.
Coverage is not always thematic-first. Some positions are identified purely through fundamental company-specific work. In both cases, ongoing company coverage feeds back into the research process. What we learn from the ground level of a business sharpens our thematic view, often signaling when a cycle is turning before the broader data confirms it.
Active Research
We believe exceptional returns come from both identifying the right opportunities and acting at the right time.
Finding a great investment is only part of the equation. We continuously monitor every covered company and investment theme, helping clients recognize when the risk-reward profile changes and when capital should be deployed or protected.
Aurelion Research does not publish sponsored research. The firm is not engaged in investment banking or corporate advisory activities.
This independence enables a sole focus on generating investment returns through differentiated research.
Revenue is generated from the quality of the research. Accordingly, performance is tracked through model portfolios and equity baskets. The founders generally invest their own capital in the securities discussed.
Recent Track Record
Aurelion Research has a demonstrated track record of helping clients make the right calls.
Predicted Up-Cycle of Crude Oil Tankers
We argued the market was mispricing a significant shortage of global oil tanker capacity, which would lead to unprecedented cash flow generation across the sector. This contrarian thesis went against consensus, forecasting an important sector re-rating.
Anticipated the Aluminium Supply Squeeze
Predicted significant price appreciation by identifying converging policy tailwinds, rising physical premiums, and a supply deficit ahead of the broader market.
Exploited Mispriced Life Science Tools
Argued the market was overly pessimistic about U.S. NIH funding cuts, securing rapid gains by December through company-specific executions.
Called the Bottom in Chemicals
Went against consensus by pinpointing the exact month of the sector's cyclical turnaround after a five-year bear market.
Anticipated the Canadian Defense Rebound
Projected that the sector's short-term challenges were ending and that funding would begin flowing to several companies, a view expressed through multiple company-specific thesis.
Timed the Gold Cycle
Identified actionable ideas across exposed gold producers in September 2025, successfully executing an exit near the January 2026 peak.
Based in Montreal. Global Field Research.
Aurelion Research is based in Montreal, Canada. Our coverage spans global equities across North America, Europe, and Asia, alongside worldwide commodity markets.
By prioritizing on-site company visits and direct management engagement, we source our insights directly from the ground, across geographies.
Global Distribution
Aurelion Research serves a broad range of market participants, from independent investors, to institutional asset managers, decision-makers, market enthusiasts and journalists.
Aurelion Research Platform
Our research and model portfolio are published directly as a subscription service to our research platform hosted on Substack.
Read Our Research → read.aurelionresearch.comDistributed on LSEG Workspace (Refinitiv) Terminals
Our research is distributed globally across LSEG Workspace (Refinitiv) terminals. Institutions should contact us →
Explore Our Research
Learn about our coverage universe, methodology, and what clients receive.
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