Perpetual faces investor backlash over bonuses with ‘no justification’
Jonathan ShapiroSenior reporter
The board of fund management group Perpetual faces a difficult annual shareholder meeting after an influential proxy advisory firm recommended that big investors vote against the re-election of two directors and the company’s executive pay.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
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