Institutional investors and long-term investment


The G20/OECD Task Force on Institutional Investors and Long-term Financing submitted the following documents to G20 Finance Ministers and Central Bank Governors for consideration at their meeting in Cairns on the 21 September 2014:

"The OECD must take charge of promoting long-term investment in developing country infrastructure" by Sony Kapoor, 10 September 2104

2014 G20-OECD High-level roundtable on institutional investors and long-term investment, Singapore, 4 June 2014

Institutional investors and long-term investment project report, 30 May 2014











OECD project on institutional investors and long-term investment

The increasingly short supply of long-term capital since the 2008 financial crisis has profound implications for growth and financial stability. Launched in 2012, this project aims to facilitate long-term investment by institutional investors such as pension funds, insurance companies, and sovereign wealth funds, addressing both potential regulatory obstacles and market failures.


Why is long-term investment important?

Patient capital allows investors to access illiquidity premia, lowers turnover, encourages less pro-cyclical investment strategies and therefore higher net investment rate of returns and greater financial stability.
Engaged capital encourages active voting policies, leading to better corporate governance.
Productive capital supports infrastructure development, green growth initiatives, SME finance, etc., leading to sustainable growth.




Raffaele Della Croce (tel: +33 1 4524 1411 |

Caroline Thompson (tel: +33 1 4524 7851 |

‌‌G20-OECD work on long-term financing


G20-OECD High-level Principles of Long-term Investment Financing by Institutional Investors


Project report 2012-2014

Institutional investors and long-term investment - Project report 2014 250 pixels wide



Juan Yermo and Raffaele Della Croce talk about the project at the 2013 OECD Infrastructure Summit