Albion Capital Group LLP have recently disclosed their average pay per Partner for year end 31 March 2019 was £803,000, a whopping 67% increase on the previous year (£480,000). This shows what a wonderful business fund management can be, in particular managing VCTs.
ShareSoc is currently running a campaign about the egregious investment manager fees at Albion Venture Capital (AAVC) (which is one of the funds managed by Albion Capital Group LLP). ShareSoc is seeking the directors to agree a better deal with its investment manager. This new information on pay adds to our argument.
Cliff Weight, Director ShareSoc. I own shares in AAVC.