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.
Raffaele Della Croce (tel: +33 1 4524 1411 | firstname.lastname@example.org)
Joel Paula (tel: +33 1 4524 1930 | email@example.com)
Caroline Thompson (tel: +33 1 4524 7851 | firstname.lastname@example.org)
"The OECD must take charge of promoting long-term investment in developing country infrastructure" by Sony Kapoor
Juan Yermo and Raffaele Della Croce talk about the project at the 2013 OECD Infrastructure Summit