Kempen major contributor to proposal for long-term institutional investment mandates
The publication discusses the status quo of institutional investment mandates and how the terms and conditions included can affect, either positively or negatively, long-term behaviors and investment partnerships. The research includes a "Top Ten" list of key components of long-term oriented mandates, and an exploration of fees and incentives, disclosures between owners and managers, transparent plans for evaluations, and strategic benchmarks.
Lars Dijkstra, CIO of Kempen and a participant of FCLTGlobal’s working group, explains the ‘Top Ten’ list of key components in this short video:
“There is overwhelming evidence that long-term components in partnership agreements between asset owners and asset managers add value not just for clients, but for society as a whole,” said Lars Dijkstra. “Incorporating a more active approach to ownership and adjusting our fee structures and reporting, all discussed in our working groups, have yielded a greater demand for long-term mandates and strategies, which is a measure of our success thus far.”