long-term mandates

Manager Relationships

What long-term looks like: Tips for structuring mandates

The third edition of FCLTGlobal’s report, Institutional Investment Mandates: Anchors for Long-Term Performance provides a toolkit for mandate processes and behaviours to reorient towards the long term, including a rethink of KPIs that asset owners can use to evaluate their managers.

Amanda WhiteAugust 2, 2022

Equities

Fund managers lack business skills

PGGM's Jaap van Dam and Kempen's Lars Dijkstra say that asset owners with long-term horizons should look for managers who can analyse industries and companies to find intrinsic value.

Amanda WhiteMarch 19, 2018

Uncategorised posts

Do long-term mandates produce better results?

About 11 years ago, the Towers Watson’s Thinking Ahead Group came up with the concept of investors appointing managers for 10-year mandates. The consulting arm then started talking to clients about it in 2004/05 and the early mandates have now matured. So did it work? Do longer-term mandates produce outperformance, better behaviour and more security? […]

Amanda WhiteOctober 7, 2015

Sustainability

Investigating long-term mandates

The PRI is investigating the experiences of asset owners that have engaged service providers in long-term mandates, and conducting a literature review on long-termism, in a bid to develop a reference guide on how to implement a long-term mandate and drive long-term behaviour. Managing director of PRI, Fiona Reynolds, said the starting point, and […]

Amanda WhiteAugust 15, 2014