Free Cash Flow and Shareholder Yield: New Priorities for the Global Investor

The current investment landscape is among the most dynamic and complex in the history of the capital markets. Today's investor must contend with dramatic alterations to the traditional methods of stock selection and portfolio construction as the order of the drivers of total equity returns are realigned and the irreversible effects of globalization take hold. Added to these powerful forces is the presence of a flat-to-rising interest rate scenario that could ultimately disrupt the equilibri...