Resources
We conduct original research on the causes of short-term business decisions and work to find practical solutions.
Article
17 October 2017 - FCLTGlobal’s Sarah Williamson, CEO, and Matthew Leatherman, Director of Research, recently sat down with Ronald O’Hanley to discuss the importance of long-term investing and the role of the board in affecting long-term change. Ronald O’Hanley is President and CEO of State Street Global Advisors, the investment management arm of State Street Corporation and an FCLTGlobal member. Sarah Williamson: What does long-term investing mean in a State Street Global Advisors context? Ron O’Hanley: As the third-largest asset manager in the world, we manage roughly $2.6 trillion, of which about $1.5 trillion in...
Article
17 October 2017 - Over the past few weeks, FCLTGlobal and several of its Members met at forums in both London and Singapore that underscored the rising importance of long-term decision making to managers and investors internationally, and the rapidly growing desire for change. Our first stop was in Singapore to take part in the second annual Insights Forum, hosted by GIC, one of the world’s largest investment firms. The event brought together over 100 senior business leaders to weigh in on the theme “Asia’s evolving role in an uncertain...
In the News
12 October 2017 - A decade to the day since the precrisis peak of U.S. stocks, it has become easier and easier for investors to take a long-term view. Those who bought on the day the S&P 500 hit its top on Oct. 9, 2007, and held on through the subsequent panic and market collapse, have more than doubled their money, including dividends.
Video
25 September 2017 - CEO Sarah Williamson discusses FCLTGlobal's achievements and future plans. From GIC Insights 2017.
Strategy | Video
25 September 2017 - CEO Sarah Williamson shares her thoughts on quarterly guidance and companies' and investors' on going focus on quarterly results.
Article
18 August 2017 - Over the past year, we have built on the work of the Focusing Capital on the Long Term Initiative to create a fully functional not-for-profit organization with an ambitious research agenda that is well underway. It has been an extremely busy and productive year, and we wanted to take this opportunity to highlight our progress and thank our members for their contributions to this important work. The highlights include: Research Launched our research agenda with member convenings and released two research reports and associated media with McKinsey: “Rising to the Challenge of Short-Termism,”...
Policy | Video
17 August 2017 - This panel discussion was the first official event of the Biden Institute, which was established to pair the former vice president’s long-time work in domestic policy issues with UD’s interdisciplinary strengths in public policy education and research.
Governance | Video
15 August 2017 - Are markets and company boards too focused on the short-term? How should the weaknesses of corporate governance along the investment chain be addressed?
Article
2 August 2017 - Matthew Leatherman, Director of Research at FCLTGlobal, speaks to Theresa Whitmarsh about her commitment to longer horizon investing, corporate governance and the importance of being challenged by your board. Theresa Whitmarsh is Executive Director of the Washington State Investment Board, one of the United States’ leading institutional investors managing over $103 billion of state pension, insurance, and private assets. ML: Thank you for being part of our series of interviews with executive leaders in the FCLTGlobal membership community. What does long-termism mean to WSIB? TW: We have about 43 percent of our...
Article
28 July 2017 - Schroders and FCLTGlobal recently hosted a discussion with leaders from across the investment management industry to discuss how to create a better long-term investment environment in Europe.
In the News
8 June 2017 - In a 2011 article, McKinsey & Company chief Dominic Barton called on his global counterparts to adopt a longer-term approach to business planning in the wake of the financial crisis of 2007-2008. Two years later, McKinsey and the Canadian Pension Plan Investment Board (CPPIB) conducted a study of more than 1,000 board members and CEOs, and found out how pervasive “quarterly capitalism” has become: More than 40 percent of those surveyed said they set business strategy using a time horizon of less than three years,...
In the News
7 June 2017 - Sarah Williamson, CEO of not-for-profit initiative Focusing Capital on the Long Term, explains why quarterly guidance should be abolished and how IROs can get insightful feedback from investors.