Robert Crimes founded Insight Investment Research LLP (InsightIR) in 2013, an independent advisory boutique for listed and unlisted infrastructure investors, providing an alternative investment process to investment banks, focused on lifetime free cashflows. He has 28 years infrastructure related investment experience and holds a BSc in Management Science from Warwick Business School.

InsightIR having recently become the first global infrastructure specialist research boutique to cover American Railroads, we are uniquely able to provide an alternative fresh infrastructure sector perspective on fundamentals and valuation versus the transport focused “Sell Side” research coverage.

• Dedicated Infrastructure research: We are purely dedicated to Infrastructure, allowing us to continually build on our sharp, focused and specialist expertise.
• Increasingly global: Our global coverage build out continues, in a sector almost exclusively covered by regional analysts, despite increasing globalisation of companies and investors. Our global perspective provides a better understanding of the international activities of corporates, allows us to benchmark quality of businesses, regulation, profitability and to identify global valuation anomalies using standardised metrics across continents.  
• Partnership structure: We fully control our product and our LLP structure provides a strong incentive for hard work and success. Independence means we solely focus on identifying profitable investments for clients without conflicts of interest. As an Independent Research Provider (IRP), our sole objective is helping clients profitably invest in stocks, a quality increasingly appreciated by regulators and investors. We are more directly connected to our clients than sell side banks. 
• Thorough analysis, less maintenance: Our primary objective is quality of product. Strictly limiting maintenance research allows us to focus in-depth on topics neglected by the market associated with a significant mis-pricing of shares. 
• Challenging accepted views: We believe too much research in the market is commentary, earnings related and lacks objective assessment of corporate strategies and market views. Our recent survey of global investment bank research shows currently 50% of recommendations are Hold, 38% are Buy and only 12% are Sell. We do not have Hold recommendations. Insight aims to challenge corporate strategies and market views. 
• Detailed company models: Insight believes in-depth models are critical to successfully analysing companies. We approach valuation “bottom up” and assess the value of individual infrastructure assets typically with a DCF, considering in detail inputs such as traffic and cost of capital, which are then aggregated into a detailed Sum of the Parts. Our focus is IRR, cashflow forecasting and cost of capital.   
• Service levels: A focused client list enables us to provide a very personalised service. We work 100% of our time enabling clients to analyse stocks and identify valuation anomalies. We don’t provide investment banking, equity capital markets services or receive any fees from corporates.