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Sarah Lowther

Morning Money: Why won’t Daniel Godfrey pay staff bonuses?

Sarah Lowther
Original Broadcast:

Morning Money at 8:00 on

Morning Money: Why won’t Daniel Godfrey pay staff bonuses?
Daniel Godfrey has joined Neil Woodford in saying his new fund will not pay staff bonuses. The former Chief Executive of the Investment Association plans to launch a new investment trust in early 2017. Both asset managers agreed there was no evidence that they result in better outcomes for investors. Daniel told Share Radio's James Brydges why he wanted to take a different approach.

Guests: James Brydges,Daniel Godfrey