Short-termism: An industry obsession?

An industry's obsession with short-termism

The Investor Forum will this month hold its first meeting to discuss how to promote long-term investment. But with short-termism ingrained in fund management, is it too late for change? Hardeep Tawakley reports.

A little over two years ago, a report slamming the fund management industry’s approach to portfolio construction and risk was released. The Kay Review of UK Equity Markets and Long-Term Decision Making,...