Whitman Asset Management Limited’s Post

The numbers might seem high (even if there’s one or two zeros less for UK CEOs compared to US ones). But done properly, executive pay can genuinely create value, serve all stakeholders including natural capital, be at an appropriate level to the average worker, and be based on long term goals that are clear, disclosed and meaningful. Here’s how to do this, thanks to our colleagues at Whitman Asset Management Limited. And what’s the alternative? CEO pay that is not aligned with peers or with performance, which for investors is a useful warning flag for corporate governance risks… https://lnkd.in/e9yC9iaS

Darragh Cleary recently met Brett Jollie to discuss the growth of fund management firms adopting 'Cost-Out' strategies, which are aimed at reducing overall operating expenses and increasing productivity within a business. Brett is the former Chief Executive of Aberdeen Asset Management Australia ('abrdn') and is currently a Partner with KONU Consulting, where he advises investment firms across Australia. 📈 They discussed the driving forces behind the growth of firms adopting cost-out strategies, given the current macroeconomic environment characterised by increased interest rates and a contraction in economic growth, alongside a competitive landscape. Brett highlighted five key areas of focus for firms adopting these strategies including: ✔ Organisational structure ✔ Operating model ✔ Technology and systems ✔ Commercial arrangements ✔ Product and Distribution Organisations adopting such strategies must approach with caution and should ensure that strategies are carefully weighed up, as they can impact client relationships, morale, company culture, and can lead to the loss of IP and additional recruitment/retraining costs, which can ultimately have the opposite intended effect. Click to the link for the view the full article: https://lnkd.in/gQ3tvdUP Kaizen Recruitment #fundsmanagement #financialservices

Corporate Advisory Boards are common across the real estate investment industry in new and established companies. The right Advisory Board can contribute to a firm’s growth and success if structured appropriately. Alliance Global Advisors is pleased to share our latest #blog, which provides insights into the roles and responsibilities of Corporate Advisory Boards. In this piece, we explore how to structure a Board for success, trending terms of membership and highly sought-after attributes of Advisory Board members.  We would be remiss not to thank our Advisory Board for their invaluable contributions to Alliance Global Advisors. We would also like to thank Emma Stuart, Senior Client Partner, Global Real Estate and Anthony LoPinto, Global Sector Leader, Real Estate at Korn Ferry and Verna Kuo, active Board member and Founder and Principal of VHK Investments, for contributing to this article. https://lnkd.in/ejfHfDgZ #AllianceGlobalAdvisors #AdvisoryBoard #RealEstateInvestment #WWBFT

This Wachtell Lipton memo summarizes the views of UK institutional investors and the UK Investor Forum survey results are worth reading #corpgov https://lnkd.in/dT-FY7Fj

My colleague Darragh Cleary recently met Brett Jollie to discuss the growth of fund management firms adopting 'Cost-Out' strategies, which are aimed at reducing overall operating expenses and increasing productivity within a business. Brett is the former Chief Executive of Aberdeen Asset Management Australia ('abrdn') and is currently a Partner with KONU Consulting, where he advises investment firms across Australia. 📈 They discussed the driving forces behind the growth of firms adopting cost-out strategies, given the current macroeconomic environment characterised by increased interest rates and a contraction in economic growth, alongside a competitive landscape. Brett highlighted five key areas of focus for firms adopting these strategies including: ✔ Organisational structure ✔ Operating model ✔ Technology and systems ✔ Commercial arrangements ✔ Product and Distribution Organisations adopting such strategies must approach with caution and should ensure that strategies are carefully weighed up, as they can impact client relationships, morale, company culture, and can lead to the loss of IP and additional recruitment/retraining costs, which can ultimately have the opposite intended effect. To read the full article, please click on the link below: ⬇ https://lnkd.in/gBTKQZN5 Kaizen Recruitment #fundsmanagement #financialservices #costout

By 2022, there were an estimated 9,100 family offices worldwide. Initially dedicated to the sole management of wealthy families’ resources, their role has gradually evolved towards structuring investments and influencing corporate governance. They should now benefit from favourable sectoral and macroeconomic trends to sustain their growth in 2024. Find out more in this article and contact our team to learn more about our family office services. https://ow.ly/GLyE50Qu0X1 #oneiqeq #familyoffice #corporategovernance

By ranking CEO’s ‘value for money’, and then looking at shareholder voting patterns, we wanted to find out whether shareholders simply focus on how much CEOs are paid, or whether they focus on the value delivered. Surely shareholders wouldn’t be simply focused on the headline pay figure? Read about our findings.... #ceovalue #remn #ceopay #executivepay #remunerationassociates #shareholders

An interesting piece about the evolving concept of the family office. Should you or your clients want more information about the family office services we can offer at IQEQ, please click the link below.

Exciting updates for Baker Tilly!

Just two weeks to go for our Consultants Conference at Capital Group’s new offices in Paddington where we will hear from senior industry leaders on “Remaining fit for the future - how investment consultants are adapting to change”. Register now 👇🏼 https://lnkd.in/dTECK7fT #events #assetmanagers #finance #change #industryleaders #consultants