Resources
We conduct original research on the causes of short-term business decisions and work to find practical solutions.
In the News
7 December 2017 - In a new report, FCLT Global, which advocates a long-term investment approach by pension funds and asset managers, provided 10 recommendations for setting up long-term investment mandates. The recommendations included replacing directly terminable contracts with five-year...
In the News
6 December 2017 - The not-for-profit organization’s stated goal is to encourage investors, such as pension plans, to look at allocations through a longer-term lens. It brought together working groups of global institutional investors and asset managers to discuss...
In the News
5 December 2017 - The FCLT paper, Institutional Investment Mandates: Anchors for Long Term Performance, includes a top-10 list of recommendations for long-term mandates that covers fees, benchmarks, the term of the contract and performance reporting. It gives investors...
In the News
16 November 2017 - Earnings move markets. Last month, the Nasdaq enjoyed its biggest one-day gain in a year following blowout earnings from technology giants Amazon, Google and Microsoft. However, while earnings can highlight underlying economic trends, they can...
In the News
12 October 2017 - A decade to the day since the precrisis peak of U.S. stocks, it has become easier and easier for investors to take a long-term view. Those who bought on the day the S&P 500 hit...
In the News
8 June 2017 - In a 2011 article, McKinsey & Company chief Dominic Barton called on his global counterparts to adopt a longer-term approach to business planning in the wake of the financial crisis of 2007-2008. Two years later,...
In the News
7 June 2017 - Sarah Williamson, CEO of not-for-profit initiative Focusing Capital on the Long Term, explains why quarterly guidance should be abolished and how IROs can get insightful feedback from investors....
In the News
2 March 2017 - Schumpeter’s recent column on corporate short-termism suggests that “the solution is to prod incumbent firms to invest vast amounts and insulate their managers from investors” (February 18th). On the contrary, the solutions should be much...
In the News
16 February 2017 - AS AMERICA’S economy has misfired over the past decade, several grand theories have emerged about what went wrong. Economists fret about secular stagnation, debt hangovers and whether demography explains sluggish growth. In American boardrooms, meanwhile,...