Learn more about our developing research that encourage long-term behaviors in business and investment decision-making.

FCLTGlobal advances our mission by working closely with our Founders and Members on research that makes the case for long-term investment behaviors, monitors how those behaviors change, and develops practical actions that organizations can take. Our research agenda has begun with several priority projects.

Moving Past Quarterly Guidance_Cover

Moving Beyond Quarterly Guidance: A Relic of the Past examines the issuance of public company earnings guidance, particularly short-term or quarterly guidance, which often leads to myopic short-term behavior by both managers and investors. To restructure the conversation, we are developing a handbook of practical tools that can help shift the focus of the investor-corporate dialogue toward longer-term metrics and value creation opportunities. 

Institutional Investment Mandates

Institutional Investment Mandates: Anchors for Long-term Performance explores standard terms for long-term investment mandates between asset owners and managers. The investment mandate is a mutual mechanism to align the asset managers’ behaviors with the objectives of the asset owner, not simply as a legal contract. We believe that changing key terms can form long-term behavior across a range of investment strategies.

We also anticipate tackling other research areas in the near future, including:

  • Measuring progress towards long-term investment behavior using an empirical, replicable scorecard
  • Alternative measures of risk and volatility
  • Decision-making for capital allocation
  • Innovations such as alternative trading venues and other permanent capital structures
  • The investor/corporate dialogue
  • The role of the corporate board

For a full list of publications, click here. For questions, comments or recommendations on our research, please contact us or email resear[email protected]