(HITC Business) One of the U.K.’s best-known fund managers has scrapped bonuses at his investment management firm, saying there is little correlation between bonuses and performance. Woodford Investment Management, founded by star stock-picker Neil Woodford, said Monday that it had ceased paying discretionary bonuses in April….
Top Firm Scraps Bonuses, Says Can Lead to ‘Wrong Behaviors
This entry was posted in Syndicated. Bookmark the permalink.