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The Future of the Corporation programme was launched in 2017 and concluded its main phase of activity in 2021. Furthermore, beyond the choice of investments themselves, there is a real requirement for active ownership in helping investees to address the evolving material issues we face.
Even those who are activeinvestors reflect sentiment at depressed levels. The famed activist investor grew increasingly bearish that the economy would tank in the wake of the global financial crisis and shorted everything from broad market indices to commercial mortgages.
And we go through long periods, a good example would be post GFC through 2017 where values tough. If you’re anywhere from an individual to a pensionfund, saying how much do I have to save to retire? This latest 2017 which again was a bad period for value, but a very good period for us and our firm grew.
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