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Article

Resilient investors are ready for surprise costs

By Matthew Leatherman

12 May 2023 - It’s trendy to bemoan the fact that a third of Americans don’t have enough slack in their monthly budget to cover a surprise $400 expense. What about investment institutions in an equivalent scenario?

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Article

Companies that Invest in Multiple Stakeholders Have Longer Investment Horizons

By Michelle Mei, Jessica Pollock

28 April 2023 - To better understand the outcomes of a stakeholder-oriented approach, we conducted an empirical analysis comparing the characteristics and performance of companies pursuing such strategies to those that do not.

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Article

Investing in Business vs. Trading in Paper

By Matthew Leatherman

27 March 2023 - “Do we mean to hold businesses or paper?” The question is one of the most compelling to emerge from Davos this year because its implications are so provocative for long-term institutions. 

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Article

When the Data We Want Isn’t the Data We Need

By Matthew Leatherman

23 March 2023 - Data about asset-price movements and relationships from the 1990s to today may not represent those that we will experience from today to the 2050s.

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Article

Why a 4% Tax on Buybacks Could Work

By Allen He

13 March 2023 - As a tool, buybacks can be put to good use under the right circumstances – or abused for short-term advantage. Companies and shareholders have it within their power to utilize buybacks deliberately, in support of long-term value creation.  

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Article

What the SEC’s New Rules on Executive Pay Disclosures Mean for Long-term Investors

By Joel Paula, Nur Robleh

23 January 2023 - New rules from the SEC will require annual proxy disclosures centered around TSR, but is this the right metric to measure executive incentives and firm performance?

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Article

Recap: 2023 Davos CEO Roundtable

19 January 2023 - On 17 January, FCLTGlobal hosted its annual CEO Roundtable in Davos alongside the World Economic Forum Annual Meeting. The topic of the day was the challenge both companies and investors face to balance long-term performance and near-term decision-making amid a time of historic disruptions.

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Article

Long Live the 60/40 Portfolio?

By Joel Paula, Nur Robleh

5 January 2023 - New data shows institutional investors have been increasing their investments in alternative assets.

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Article

2022 Letter from the CEO

By Sarah Keohane Williamson

30 December 2022 - Expectations of companies are rapidly changing as the role of business in society is called into question. Meeting those expectations will determine how a company fares over the long term.

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Strategy | Article

How investor responsibilities can preserve social license to operate in infrastructure

By FCLTGlobal and CPP Investments

14 December 2022 - CPP Investments provides examples of why a focus on long-term outcomes and a multi-stakeholder approach to investing is a prerequisite to invest in the infrastructure asset class.

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Strategy | Article

In 2021, Companies Sidelined Investments in Resilience

By Joel Paula

15 November 2022 - With short-term pressures mounting, companies and investors are finding it more challenging than ever to focus on the long term.

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Article

Why Investors Need a Long-term Approach to Emerging Markets

21 September 2022 - The emerging market asset class is too broad, inhibiting investors from allocating capital to markets with promising growth opportunities.

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