Press Release
1 October 2024 - FCLTGlobal, a non-profit organization whose mission is to focus capital on the long term to support a sustainable and prosperous economy, announced today that Jeff Tate, Chief Financial Officer of Dow, Janet Truncale, EY Global Chair and CEO, Allyson Tucker, Chief Executive Officer of the Washington State Investment Board, and C.S. Venkatakrishnan, Group Chief Executive of Barclays, will join its board of directors effective 1 October 2024.
Press Release
30 September 2024 - In an era marked by rapid economic shifts, the need for long-term decision-making has never been more evident. FCLTGlobal has developed the FCLT Gold Standard to answer the question, “What does it mean to be long-term?”
In the News
6 September 2024 - Sovereign wealth funds are state-owned investment funds that, like traditional investment funds, can invest in stocks, real estate, bonds, hedge funds and more, building up a pool of money that can be used to insulate the government and its people from economic stressors.
Podcast
4 September 2024 - “Having a strong and clear foundation and clear governance around who can make decisions, then puts you in a very strong position for a volatile world.”
In the News
23 August 2024 - Investors need to shrink their holdings to a more manageable number if they are serious about sustainability.
Mandates | Article
22 August 2024 - Asset owners – the cornerstones of the investment ecosystem – often have very long-term investment goals, such as building endowments for perpetuity and providing for the next generation. One of their challenges lies in in the fact that their assets are invested by external managers who may have vastly different time horizons and incentives in mind.
Podcast
7 August 2024 - "Part of my mission in life [...] is to make the millions of students out there aware that there are these amazing organizations where you can pursue investment careers and still feel like you have this incredible positive mission behind you."
Incentive Alignment, Investor-Corporate Engagement | Article
31 July 2024 - Using the sustainability J-curve as a tool for visualizing strategies that may not pay off today, but will likely pay off over time, will promote better company-investor dialogue, which in turn will help more ideas, innovations, and long-term rewards see the light of day.
In the News
22 July 2024 - Sovereign wealth funds ensure that national wealth is preserved and utilized for the benefit of future generations, promoting sustainable economic development. Could the US benefit from a similar model?
Article
15 July 2024 - On 25 June 2024, FCLTGlobal joined the International Forum of Sovereign Wealth Funds’ (IFSWF) Governance Workshop in London to lead a two-part discussion on avoiding short-term pressures and fostering a long-term investment ecosystem centered on meeting their citizens’ needs.
Climate | Article
3 July 2024 - Over the last several years, it has become clear that investing in climate-related assets in low and middle-income countries is critical to achieving successful decarbonization of the global economy. Given demographic trends and the need for energy for development, the World Bank estimates annual climate-related investment needs for all low- and middle-income countries, other than China, at $574 billion per year (2.8% of GDP) between now and 2030. There have been declarations of trillions of dollars available for climate investing and extensive discussions about public/private blended...
Press Release
1 July 2024 - FCLTGlobal, a non-profit organization whose mission is to focus capital on the long term to support a sustainable and prosperous economy, announced today that Dr. Raphael Arndt, Chief Executive Officer of Future Fund, and Hein Schumacher, Chief Executive Officer of Unilever, will join its board of directors effective 1 July 2024.