Long-term investing

ALTERNATIVE LABELS
Buy and hold
NARROWER TERMS
Report

Full disclosure: improving corporate disclosure on climate risk

This report captures the views of investors who are reading and using company reporting to inform investment decisions, manage portfolio level risk and set strategies for transitioning to net zero emissions. It sets out what investors expect from the next generation of climate reports, how...
Working paper

Long-term investing: An institutional investor perspective

The literature on investment horizon is reviewed in order to enhance the understanding of potential influences on long-term investing by institutional investors. Investment horizon reflects an inter-connected web of influences related to an investor’s circumstances, the design of the investing environment, and the choices that...
Working paper

Performance evaluation for long term investors

A performance evaluation approach is developed to support long-term investment programs, where asset selection is based on the internal rate of return estimated with reference to long-term cash flows.
Working paper

Long- term Investing: what determines investment horizon ?

The literature on investment horizon is reviewed in order to enhance the understanding of potential influences on long-term investing by institutional investors. Investment horizon reflects an inter-connected web of influences related to an investor’s circumstances, the design of the investing environment, and the choices that...
Working paper

Long-Term Investing as an Agency Problem

The agency problems that pervade delegated investment management are exacerbated when investing for the long term, where the payoff is distant and often highly uncertain. These conditions compound the difficulty of aligning and monitoring the agents (managers) responsible for making investment decisions, particularly across multi-layered...
Working paper

Designing an investment organization for long-term investing

We address how investment management organizations might be built to successfully pursue long-term investing. A variety of recommendations and suggestions are put forward that address four building blocks: organizational; incentives; investment approach; and discretion over trading. A key message is the need to manage the...