CASSELL BRYAN-LOW: The British government unveiled legislation Wednesday to give investors more say on the pay packages of senior corporate executives, a milestone in a shareholder rebellion that has been rippling through the U.K. in recent months.
The measures include giving shareholders a binding vote on how much executive directors are paid and requiring companies to annually publish a simple figure totaling how much they received. The binding vote on pay doesn’t apply to executives who aren’t board members.
via U.K. Reveals New ‘Say on Pay’ Laws – WSJ.com.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.