Two years ago, FCLTGlobal was established with a fundamental belief that long-term investing makes the world better for us all. Companies and their investors benefit by focusing on the long term, to be sure, but more important is that this long-term focus benefits their communities: the people whose savings investors manage and the many stakeholders a company serves.
We began as the Focusing Capital on the Long Term initiative, led by a small and passionate group of business and investment leaders who saw clearly the harm of short-term decisions and investments. Under the leadership of these founding companies – The Canada Pension Plan Investment Board, McKinsey & Company, BlackRock, The Dow Chemical Company, and Tata Sons – FCLTGlobal has grown into a dedicated organization supported by a network of 50 like-minded organizations working toward a common goal: instilling a long-term outlook across asset owners, asset managers and companies in the global capital markets and turning that outlook into action.
We invite you to read the FCLTGlobal Review 2018: Laying the Foundation for the Long Term. Our year-end report summarizes many of FCLTGlobal’s milestones since our founding, including our notable research publications, our global events, and the contributions of the Member organizations that have guided us along the way. This Review provides a more complete picture of how we approach the issue of short-term behavior through research and analysis, and the professional organization we have built to address it.