Pru Bennett

Investment Strategy

Australian executive pay in “straightjacket”

Long-term incentive (LTI) schemes for Australian executives are driven by “caution and conformity” and the one-size-fits all approach needs reform, according to a research paper from funds manager BlackRock. Pru Bennett, BlackRock’s Asia-Pacific head of corporate governance and responsible investment, has studied the LTI schemes used by 148 companies listed on the ASX and found […]