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...“There is a compensation issue at AstraZeneca,” Jain, a top-20 shareholder, told the Financial Times....
...The Frenchman was “massively underpaid” given the performance of the business under his watch, Rajiv Jain, chief investment officer at top-20 shareholder GQG Partners, said before the vote....
...Jain left abruptly in 2022 after it became clear to him that his career there had reached a ceiling. Details around the launch of Jain Global have been trickling out since....
...Architecture is not a personal pursuit but a collective endeavour and, in fairness, Jain credits his studio with the making of the things in the installation and was keen to include artists, perhaps to bridge...
...The previous month, Jain opened a Nature Morte outpost in Mumbai, in the Colaba gallery district, with a Gupta show (until March 9)....
...Jain’s investments in the region include a $1bn stake in IHC, the $246bn UAE-listed conglomerate, which he described as a good means of gaining exposure to the strong growth in the region....
...Jain describes it as “a new space of quiet contemplation and reverie”....
...Shareholders will vote later today on a plan to raise Soriot’s pay by £1.8mn to a maximum of £18.7mn in 2024....
...[MUSIC PLAYING] A little over a year ago, a hedge fund executive named Bobby Jain was feeling stuck. For years, Jain had climbed his way up through finance....
...Yet Jain’s leadership at Northwestern University’s Kellogg School of Management from 2001 to 2009 heralded the start of a trend....
...That being said, there is still half a year to go until Jain Global officially launches....
...Read a transcript of this episode on FT.com...
...But one high-profile name is set to buck the trend and come to market this year: Bobby Jain, a Credit Suisse veteran and former co-chief investment officer of Millennium, is launching his eponymous Jain...
...Jain’s argument focused on the fact that rival cigarette maker Philip Morris International, which GQG also owns a stake in, trades at a much higher earnings multiple....
...In Varanasi and in Mathura, Jain, the lawyer, and his father Hari Shankar Jain have led the fight by Hindu litigants to restore Hindu worship at the site of mosques....
...GQG founder Rajiv Jain has one main argument when he defends investing some of his firm’s $93bn into a business run by a rightwing, yoga televangelist with ties to India’s prime minister: growth....
...Coming in at a shorter five hours, adapted for the stage by Jain and Miriam Fernandes, it divides into two parts — Karma (the life we inherit) and Dharma (the life we choose)....
...Although other large launches are planned for later in the year — with former Millennium co-chief investment officer Bobby Jain’s new fund Jain Global expected in July — at $4bn, Taula would still be larger...
...The Center for Active Stewardship, a non-profit research organisation backed by Bobby Jain’s Jain Family Institute, is today launching a tool called Splice, which breaks out the causes of changing emission...
...But leading shareholders welcomed the pay rise before the vote, with Rajiv Jain, chief investment officer at top-20 shareholder GQG Partners, saying Soriot was “massively underpaid” given the performance...
...died in 2022 — though he also used the occasion to recount how he scooped the event from Jain and Deutsche Bank, its previous sponsor....
...The act, which also covers Sikhs, Parsees, Buddhists, Jains and Christians, extends no such rights to Muslims, many of whom were angered by legislation they saw as discriminatory....
...“When revenue is in the millions, that 2 per cent is quite expensive,” says Nautilus’ chief executive Tinkle Jain. “I’d rather pay a marketing person.”...
...Bobby Jain’s new hedge fund is falling short of its original $8bn-$10bn fundraising target, thwarting his ambition for the industry’s largest-ever debut....
...A year ago Bobby Jain, a top executive at Millennium Management who was regarded by many at the hedge fund as a potential successor to Izzy Englander, abruptly departed....
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