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Thriving Amid Disruptive Megatrends: FCLTGlobal Joins IFSWF in Madrid

By Matthew Leatherman

19 October 2023 - Last month in Madrid, FCLTGlobal led a discussion at the International Forum of Sovereign Wealth Funds (IFSWF) on navigating disruptive megatrends.

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FCLTCompass: In 2022, Corporate Time Horizons Shorten, Investors’ Lengthen – And What It Means

By Allen He, Jessica Pollock

29 August 2023 - While the past year reflects a continued upward trend in investor horizons, it also revealed a material decline in investment horizons for corporates to their lowest since the project began.

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A Look at Long-Term Guidance Trends in 2022

By Allen He, Michelle Mei

27 July 2023 - As we look ahead to earnings seasons in 2023 and beyond, companies that resist the temptation to issue quarterly guidance, and instead focus on issuing longer-term guidance and strategic roadmaps, will be setting themselves up for sustained success.

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A Close Look at the Largest 25 GPs and LPs Reveals Disparities in Private Equity’s Climate Commitments

By Jessica Pollock

13 June 2023 - Private equity plays a significant role in shaping economies and industries, and it must use its influence to accelerate the transition to a low-carbon future. 

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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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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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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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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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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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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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