ANALYSIS: Long-term investors – all talk, no walk?
Susanna Rust for IPE
"For all the talk from institutional investors about being long-term, they aren’t. In fact, it’s a load of, well, “BS”."
So said Stan Dupré, founder and CEO of the 2° Investing Initiative, when he spoke to IPE about new research it has carried out with the Generation Foundation, a not-for-profit advocacy initiative of Generation Investment Management. The research was conducted under a “Tragedy of the Horizon” research programme into short-termism in the finance sector.
But before your eyes gloss over…
Dupré acknowledged that one of the reactions the organisations get is that this topic is “nothing new under the sun”, and that failings of short-termism have been “on the agenda for basically as long as capitalism exists”.