A ‘narrow path’ provokes tighter focus on scale and tech selection.

Fitch puts spotlight on struggling annual recurring revenue loans; KKR identifies a syndicated market fightback versus direct lending; and why geopolitics should be viewed through more of a long-term lens.

Artificial intelligence has already changed the way data is compiled and processed on a mass scale – and in particular in the investment industry, reshaping how professionals make decisions, manage portfolios, and analyze market data. A prominent challenge facing the industry today is the design of executive pay – specifically, structuring it in ways that incentivize strong performance over many years rather than just over a few fiscal quarters.

Today, private sector executives from across the globe find themselves using the same word to mean different things. “Sustainability” has become shorthand for mitigating and adapting to climate change. But for many, sustainability encompasses a much wider set of issues, certainly including climate change, but also incorporating additional trends like deglobalization, the rise of AI in business, or persistent threats of inflation or recession.

There is no one-size-fits-all solution to designing corporate boards for long-term value creation. Recognizing and understanding that choices are available is the first step toward making longer-term choices and establishing next-generation board governance.

We are now at a moment when global rivalry is running hot and support for globalization is cooling. The resulting opportunity set for investors is shrinking as global security and economic alliances rewire. This rewiring of globalization requires specific attention to strategy, governance, and integrated processes to bring geopolitical views into investment decision making. Doing this effectively requires deep integration between geopolitical and traditional investment analysis.

Wafra is an investment firm established to build long-term prosperity for asset owners around the world.

The Panmure House Prize is awarded to emerging leaders in academia and enables research that embodies Adam Smith's own approach to rigorous empiricism and long-term, inter-disciplinary thinking and radical innovation.

The annual FCLT Summit, held on 28 February 2024, brought together FCLTGlobal members and friends to map out the next steps in our shared mission to focus capital on the long term to support a sustainable and prosperous economy.

A compilation of real-world case studies from FCLTGlobal’s members who are putting long-term strategies into practice