Investing for the long term

What sets apart long-term investors when it comes to the key factors that determine investment success? Different time horizons, risk appetites or institutional constraints give each investor a unique ranking of key factors that are affecting its investment behavior and performance.

This question was the focus of the first UBS-IMD Sovereign Investment Circle, held in 2018, which examined the key factors that are likely to determine investment success for long-term investors over the coming decades.

The purpose of this paper is to explore key global trends and macroeconomic topics that we believe truly long-term investors such as Sovereign Wealth Funds (SWFs) should prioritize in their investment framework.