’Inflection point’ approaching for long-term investors, says MSCI.
"In 2017, the MSCI researchers predicted the emergence of two approaches to long-termism: new benchmarks that ’explicitly incorporate views of the future’, and a shift towards high-conviction, low-turnover portfolios."
[COMMENTARY] I welcome MSCI’s prediction for 2017 of asset managers taking a greater long-term, low-turnover portfolio view! Short-termism and rapid turnover of investments are detrimental to long-term economic health as they discourage needed multi-year or even multi-decade corporate investments.
’Inflection point’ approaching for long-term investors, says MSCI, by Nick Reeve, January 16, 2017, IPE, UK.