Long-term view is essential for success

Fund managers have to take a three to five-year view on investment decisions and be isolated from corporate pressures if they are to produce long term outperformance. That was the view expressed by Bob Yerbury, chief executive officer and chief investment officer of Invesco UK, to the audience at International Investment's Channel Islands' Forum. Yerbury said too often investment decisions are influenced by considerations other than investment fundamentals. He added: "I'm continually reminded, now I'm part of corporate management, not to put pressure from corporate considerations on invest...