Resources
We conduct original research on the causes of short-term business decisions and work to find practical solutions.
Article
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?
Article
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.
Climate | Report
26 April 2023 - As companies around the world begin to make the shift to more sustainable practices, private markets have the potential to drive substantial investment in the "grey-to-green" transition by investing in high-carbon-emitting sectors with the goal of reducing their emissions over time. However, concerns around returns, metrics, and reputational impacts are limiting greater participation.
In the News
25 April 2023 - Those trying to clean up emissions are left in unfunded limbo while divestment transfers ownership of high-emitting assets to investors with little interest in sustainability. Incentives are needed to make 'gray-to-green' rewarding for investment managers.
In the News
14 April 2023 - Companies that back up talk about investing in employees with action are associated with a four per cent higher return on invested capital, according to a global report by the CPP Investments Insights Institute, FCLTGlobal and the University of Pennsylvania’s Wharton School.
Article
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.
Article
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.
Governance | Report
21 March 2023 - A new report, in collaboration with CPP Insights Institute and the ESG Initiative at the Wharton School, explores the role of labour practices in corporate value creation.
In the News
20 March 2023 - Long-term investing is about how the institution behaves, not a fixed time period. The Silicon Valley Bank collapse provides an object lesson.
Article
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.
In the News
13 March 2023 - This year marks the 300th anniversary of the birth of Adam Smith, seen by some as the “father of modern economics” and known by many as the author of such seminal works as The Theory of Moral Sentiments and Wealth of Nations. His tercentenary in 2023 provides an opportunity to consider how to best preserve his legacy and apply his lessons to today’s challenges.
Investor-Corporate Engagement | Report
7 March 2023 - Curating a targeted long-term shareholder base aligned with the company’s priorities is the key to unlocking greater value over time.