by Cliff Weight, ShareSoc Director
Executive Pay is attracting much attention. The issues were well written up in this Guardian article.
Insititutional fund managers have been slow to address this issue which is of great public concern. Their representative trade body have produced weasel words with lots of opt out possibilities, eg Chris Cummings, the IA’s chief executive, said: “Investment managers expect executive remuneration to be linked to long term company performance and aligned with the experience of its employees, stakeholders and shareholders. ...