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M&G chief says exec pay isn’t driving UK firms to the US

Andrea Rossi says business-friendly regulation is more important to get companies listing in London

‘I don’t think the issue here is we don’t attract listings or investors because we don’t pay executives enough,’ Rossi tells FN
‘I don’t think the issue here is we don’t attract listings or investors because we don’t pay executives enough,’ Rossi tells FN

M&G chief executive Andrea Rossi has said lower executive pay is not a factor driving UK companies to list in the US.

The FTSE-listed investment firm’s boss is the latest to weigh in on whether remuneration is contributing to London’s IPO crisis.

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