Premiership salaries, Third Division results
Article Abstract:
A survey of United Kingdom directors' pay indicates that not all of them deserve the large sums that they award themselves. SmithKline Beecham head, Jan Leschly, can expect 93 million pounds sterling total pay over a decade from 1999, yet the failure of a merger with Glaxo Wellcome cost SmithKline Beecham some 6 million pounds in 1998. Royal and Sun Alliance group head, Bob Mendelsohn, earned 2.37 million pounds, including a 225,000 pounds bonus, in 1998 when the company's profits dropped by 52%. Bosses can also obtain large sums when they leave companies, as was the case with LucasVarity former head, Victor Rice.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Unit trusts for Japan, not investment trusts
Article Abstract:
Investors seeking investment trust warrants or Far East including Japan trusts should consider that the average unit trust specialing in Japan lost value in the year to June, and investment trusts are down even more. Schroder Tokyo, a genral fund, is one of the best out of similar funds, down just 17%, whereas Schroder Japanese Smaller Companies is down 25%. Trust warrants and Far East including Japan investment trusts have potential for enhanced returns but can be expensive.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Investment trust results split up
Article Abstract:
Split capital trusts involve two or more types of share, such as income shares taking all income from a trust, and capital shares taking all capital performance but not income. They can be used to produce securities appealing to different types of investors. They usually have high gearing figures.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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