Trinity Mirror faces uproar over Sly Bailey’s pay packet March 11, 2012 TRINITY Mirror is said to be taking seriously concerns raised by top shareholders about the rewards bestowed on chief executive Sly Bailey, ahead of the media group’s results on Thursday. The company’s top shareholders – Schroders, Aviva Investors, Standard Life and Legal & General – collectively own 42 per cent of Trinity Mirror and have [...]
FTSE in modest rise as investors eye Fed April 24, 2012 The FTSE 100 saw a modest rally this morning led by banking and commodity stocks as investors looked for signs that the Federal Reserve will inject more liquidity into markets. London’s blue chip index was dented yesterday by uncertainty over who will be the next president of France, the collapse of the Dutch government and [...]
Why most investors don’t care if Diamond gets rich April 9, 2012 IT used to be big news if the likes of Standard Life, Scottish Widows, Fidelity and Aviva combined forces to vote against a company’s remuneration report. Such a roster of big British institutions would have had the clout and the votes to make the company reconsider its intentions or risk a very bloody nose. Hence [...]
DIVERSITY MAKES GOOD SENSE FOR EVERY BUSINESS January 26, 2012 GROUP CHIEF EXECUTIVE, AVIVA IN DAVOS last year, the World Economic Forum stirred debate by insisting its strategic partners include at least one woman in their delegations. A month later, Lord Davies released his report Women on Boards, recommending targets for the number of women on company boards. At Aviva, we believe that a balanced [...]
Sole has the Power to win Temple Stakes again May 24, 2012 SOLE POWER did this column a massive favour 12 months ago when landing Haydock’s Group Two Temple Stakes and he looks to hold solid claims of notching back-to-back wins tomorrow afternoon (3.00pm) in the next instalment of the QIPCO British Champions Series. Eddie Lynam’s five-year-old never got the credit he deserved for winning the Nunthorpe [...]
Ennis leads track stars’ showcase February 19, 2012 CYCLISTS were not the only Team GB hopefuls to boost their London 2012 medal chances at the weekend, with domestic athletes shining at the Aviva Grand Prix in Birmingham on Saturday. Heptathlete Jessica Ennis posted new personal bests in the 60m hurdles and long jump, beating a strong field in the former with the fastest [...]
Shareholder activism proves that regulating pay would be senseless May 9, 2012 ANDREW Moss, who had been in charge of Aviva since 2007, became the third chief executive to quit amid increasing shareholder discontent in recent weeks, following David Brennan at AstraZeneca and Trinity Mirror’s Sly Bailey. Just what is going on with the public limited company, one of the great inventions of capitalism? It has provided [...]
Shareholder activism proves that regulating pay would be senseless May 9, 2012 ANDREW Moss, who had been in charge of Aviva since 2007, became the third chief executive to quit amid increasing shareholder discontent in recent weeks, following David Brennan at AstraZeneca and Trinity Mirror’s Sly Bailey. Just what is going on with the public limited company, one of the great inventions of capitalism? It has provided [...]
Mondi seen sweetening £237m bid for Polish unit February 16, 2012 SHARES in Polish paper maker Mondi Swiecie climbed above an offer price from its South African parent yesterday, as investors bet Mondi would have to sweeten its £237m buy-out bid. The South African paper maker owns two-thirds of Mondi Swiecie, and offered 69 zlotys (£13.60) per share for the remaining 34 per cent of the [...]
PROSPECTS REMAIN GOOD FOR EUROPE IN THE LONG TERM January 29, 2012 Q&A: THE VIEW FROM DAVOS Q. WHAT HAS THE MOOD BEEN LIKE AT DAVOS THIS YEAR? A. The World Economic Forum has inevitably had a somewhat sombre feel but it has also been business-like and focused. What struck me was the universal focus on the issue of the young unemployed, not just in the developed [...]