In the News
30 January 2019 - From my backseat driver vantage point, Fink long ago saw the light regarding what ails society and the leaders who are at the helm of for-profit organizations. There is a blinding fixation on putting profits ahead of purpose. Indeed purpose seems to have been forgotten or worse ignored. Senior leaders—and arguably a for-profit organization’s board of directors—continue to operate with their head in the sand. Fink’s annual letter to CEOs points this out admirably.
In the News
25 January 2019 - Asset owners with a long-term time horizon are not immune to short-term pressures, according to a new publication from FCLT Global. The 30-page publication – ‘Balancing act: managing risk across multiple time horizons’ – addresses the challenge of managing multiple-horizon portfolios such as pension plans, sovereign wealth funds and endowments, by outlining why such management is important.
Press Release
9 January 2019 - Boston, MA, 9 Jan 2018 – FCLTGlobal, a not-for-profit organization that encourages a longer-term focus in business and investment decision-making, has released its newest publication, Balancing Act: Managing Risk across Multiple Time Horizons, which proposes new approaches for asset owners to manage investment risk across multiple time frames. Long-term funds, such as pension plans, sovereign wealth funds, and endowments manage their portfolios decades or more into the future. They are also required to meet expectations in the near term in order to continue with their investment strategy and...
Press Release
2 January 2019 - Boston, MA, 2 January 2019 – FCLTGlobal, a not-for-profit organization that works to encourage a longer-term focus in business and investment decision-making, is pleased to announce the addition of six new members to our Board of Directors. The following executives joined the board effective January 1, 2019: Vijay Advani, CEO, Nuveen Investments Inc Leni Boeren, CEO, Kempen Capital Management Peter Harrison, Group Chief Executive, Schroders Geraldine Matchett, CFO, DSM Kevin Sneader, Global Managing Partner, McKinsey & Company Howard Ungerleider, President and Chief Financial Officer of Dow, and Chief Financial Officer of DowDuPont All six of the...
In the News
15 December 2018 - It was the G20 Investor Forum (the Forum), hosted by the World Bank and the Government of Argentina, held just before the start of the G20 Summit. For the first time ever, senior executives from the investment community in the private sector, holding over $20 trillion in assets under management, and senior officials from the public sector gathered to discuss how to better collaborate to ensure the capital markets earn the necessary long-term returns for their beneficiaries in a way that supports sustainable development. Comments...
In the News
10 December 2018 - The investor forum is a joint public-private sector initiative to foster sustainable development and try to right the wrongs of globalisation. At the G20 summit, some of the world’s most influential institutional investors, with collective assets under management of $20 trillion, travelled to Buenos Aires to discuss solutions with policymakers.
Press Release
13 November 2018 - Boston, MA, 13 November 2018 – On Monday in Dubai, FCLTGlobal CEO Sarah Williamson co-chaired the World Economic Forum’s Global Future Council on Long-term Investing at the group’s Annual Meeting of the Global Future Councils. The group met over the course of the two-day conference to discuss current global business trends and how to integrate practices that can rewire capital markets toward a longer-term investment philosophy. Also co-chairing the was Alison Tarditi, Chief Investment Officer of Australia’s Commonwealth Superannuation Corporation. The World Economic Forum’s Global Future Councils are an...
In the News
12 October 2018 - “That would allow greater flexibility & save money. I have asked the SEC to study!” he tweeted. Quarterly reporting seems like a good thing — transparency ensures informed decision-making by investors. And critics of Trump’s idea have cited concerns over a lack of transparency leading to increased investor risk. Yet in practice, quarterly reporting has evolved into a system of managing primarily for the quarterly numbers, with a net result of distorting financial performance negatively, much in the way teaching students solely to perform well on a...
In the News
1 October 2018 - To attract these investors, companies need to develop, communicate, and execute a long-term value-creating strategy. CFOs, finance organizations, and management accountants can play a pivotal role in helping companies refocus their strategic performance measures and deployment of resources toward greater long-term value creation.
In the News
9 September 2018 -