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...AstraZeneca’s chief executive Pascal Soriot is “massively underpaid” and deserves a proposed £1.8mn pay rise, according to one of the drugmaker’s top shareholders....
...Legal & General Investment Management, a top-10 shareholder in AstraZeneca, told the FT that it had decided to back the new remuneration policy....
...It also withdrew an application to launch a spot bitcoin ETF after the US Securities and Exchange Commission approved 10 others....
...“Jon’s secret is that everyone loves Jon and Jon loves everyone,” Klein said. Nearly everyone....
...responsibilities and shared rewards if the business does well....
...The move has been criticised by shareholder advisers Glass Lewis and ISS but welcomed by some major shareholders, with Rajiv Jain, chief investment officer at GQG Partners, saying Soriot is “massively underpaid...
...Norges Bank, which runs Norway’s sovereign wealth fund and is a top-10 shareholder, had also disclosed it would vote in favour of the pay deal, while another top-20 active shareholder said the deal should...
...Last year, Rajiv Jain, chair and chief investment officer of $105bn US investment group GQG Partners, urged BAT to switch its primary listing and clashed with management over its decision to suspend the...
...And the next one I want to talk about is what’s known as crowding the market. So what does that mean here? And what are you seeing?...
...Jain has been able to tap more investors as of January 1, the deadline to which he was not allowed to solicit any of Millennium’s clients, and raising $5bn is nothing to be laughed at....
...As a result, Unwritten found, “An orderly and rapid transition could offer more than a 10% uplift in BHP’s EBITDA and free cash flows”. Obstacles to such analysis abound....
...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....
...Coe, who won Olympic gold in the 1,500-metre race in 1980 and 1984, said “the world has changed” since his years on the track....
...– Andy recommends novels by Sheila Heti and Jon Fosse for their experimental prose. – Andy is on X, formerly Twitter, @andydickson....
...“It makes sense for them but not him — he would have lots of opportunities,” the person said, but queried “how does it tie to his agenda of improving reporting and transparency?”...
...Jon Moynihan, a venture capitalist who chaired the Vote Leave finance committee will also be ennobled....
...In a boost for Sunak, Schwarzman said it was “a real achievement” for the UK to have halved inflation from its 11.1 per cent peak and praised the country’s “pro-business” ethos and rule of law....
...Does this correspond with a headline “Blood on their hands” and a review of such righteous indignation? I think not....
...Who Jon Mellor & Co House, Kettleshulme, £1.35mn Where In Kettleshulme, a village that lies in a picturesque valley along the River Dove, which is known for its trout fishing....
...Among them were influential staffers Jon Mendelsohn, Neal Lawson and Ben Lucas who set up LLM Communications in 1997....
...Seeing recreations of the 16 No 10 parties still boils the blood but it does little to captivate the mind. Rather self-defeatingly for a docudrama, the show follows two fictional special advisers....
...Governor Andrew Bailey said last year there were “very big lessons to learn” after the central bank failed to forecast high and persistent inflation, which reached a peak of 11.1 per cent in October 2022...
...On Friday the S&P gained 1.1 per cent following the jobs figures, having fallen earlier in the week....
...At a price-to-book ratio of just 2, the Russell 2000 is currently cheaper than the 10-year average of 2.2, and the 40-year average of 2.1, Goldman Sachs notes....
...Jain, who declined to comment, left in November 2022 and plans to launch his own hedge fund Jain Global in what could surpass ExodusPoint as the industry’s largest ever launch....
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