Editor’s Notes: Business chiefs can do great things in politics, but what about the pay cut? November 2, 2018 Foreign secretary Jeremy Hunt has raised the prospect of senior business figures giving up the boardroom and joining the Foreign Office in the service of their country. When I asked a former senior diplomat, with an alphabet of letters after his name, what he made of this proposal he slapped his hands on his head [...]
Asset management firm Man Group announces boosted inflows and opens Jersey holding company October 12, 2018 Man Group, the worlds largest listed asset management firm, has reported an increase in funds under management in a trading update today. The fund saw net inflows of $0.4bn (£0.3bn) in the three months to the end of 30 September, it announced today, as it also revealed its intention to open a new group holding company in Jersey. [...]
City pay revolts make a return: Investors are once again feeling uneasy about executive rewards May 6, 2015 Three years on from the so-called “shareholder spring” and listed hedge fund Man Group is again facing murmurs of discontent from investors over pay. The FTSE 250 group, led by chief executive Manny Roman, has put forward a plan to boost executive pay rewards and make it “competitive in the marketplace”. However influential advisory firm [...]