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Investor-Corporate Engagement | Article

Comment to the U.S. Department of Labor on Proxy Voting and Shareholder Rights

1 December 2020 - FCLTGlobal is a 501(c)3 not-for-profit research organization that develops research and tools that encourage long-term business and investment decision-making across the global investment value chain. Focusing Capital on the Long Term began in 2013 as an initiative of the CPP Investments McKinsey & Company, which together with BlackRock, Dow, and Tata Sons founded FCLTGlobal in July 2016. In addition to our Founders, today our 50+ Member organizations span the investment value chain, including asset owners, asset managers and corporations, and are committed to accomplishing long-term...

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Investor-Corporate Engagement, Climate | Article

CEOs identify transparency, investor engagement as keys to sustainability in energy sector

23 November 2020 - Larry Fink, Bernard Looney, and Kevin Sneader discuss a global transition to more sustainable business models

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Investor-Corporate Engagement | Article

Benelux leaders discuss lessons learned for companies and investors from pandemic response

19 November 2020 - Corporate and investment chiefs from the Benelux region weigh in on the future of regional investment post-coronavirus.

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Earnings Guidance, Risk and Resilience | Article

CFA Institute Settles Debate on Investment Reporting 

13 November 2020 - CFA’s Director of Investment Performance joins webinar on risk management to discuss order of performance reporting. 

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Governance | Article

Recap: Tone at the Top: The Board’s Impact on Long-term Value

27 October 2020 - Webinar hosted by FCLTGlobal and Russell Reynolds Associates follows up on joint research on how boards can steward long-term value creation

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Innovation, Governance, Investor-Corporate Engagement | Article

Case Study: Funding Long-horizon Innovation at Baillie Gifford

13 October 2020 - As summarized in Funding the Future: Investing in Long-Horizon Innovation1, returns to successful R&D are often significant and can be transformational for an organization. However, R&D spending (especially long-horizon R&D project spending) tends to be among the first places management teams cut when faced with short-term financial pressures. While companies can make a variety of changes across their strategy, governance, engagement, and incentive plans to combat this short-term behavior, investors, too, have a significant role to play in encouraging a more balanced approach to R&D...

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Investor-Corporate Engagement | Article

Forum on Engagement: Remaking the Investor-Corporate Dialogue for a Post-COVID-19 Era

9 October 2020 - On 24 September, FCLTGlobal hosted the Forum on Engagement, a conversation led by a panel of six investment and investor relations experts, to consider these questions and discuss the implications of shifting engagement practices for long-term value creation.

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Article

Buybacks and Negative Equity – A Recipe for Disaster?

25 September 2020 - Globally, companies have increasingly favored buybacks over the past two decades, so much so that they have nearly surpassed dividends as the most utilized means for companies to return capital to their shareholders.

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Investor-Corporate Engagement | Article

Comment to the SEC on 13F Reporting

23 September 2020 - The U.S. Securities and Exchange Commission has proposed a change in the reporting threshold for institutional investment managers. Read FCLTGlobal's full comment letter below, which asserts that there are alternative ways to modernize 13F reporting, and small investors and a transparent relationship with companies must not be forgotten.

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Incentive Alignment | Article

The State of Play on Long-Duration Compensation

27 August 2020 - Some long-term investors are ready for companies to depart from the pay-for-performance status quo, but the jury is still out on the method that many of them are considering as a replacement.

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Risk and Resilience | Article, Video

Recap: Investing for Resilience: The Future of Capital Flows in the Asia-Pacific Region

24 August 2020 - A panel of global investors discusses market recovery and planning for volatility.

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Governance, Incentive Alignment | Article

Interview: Robert Pozen on Executive Compensation

17 August 2020 - FCLTGlobal researchers sat down with MIT Senior Lecturer Robert Pozen to discuss potential ways to implement a change in corporate pay.

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