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Eumedion's comments in Financial Times

2-10-2011

This year's shareholder season much time was again spend on discussion on remuneration and bonusses. Many Dutch shareholders showed their concern in their dialogue with listed companies. In the United Kingdom a comparable concern is growing, as the Financial Times describes in its article of October 2, 2011. 'Escalating executive pay levels and the mismatch between remuneration and company performance are causing increasing concern among shareholders, regulators, the general public and even politicians.'
Eumedion's executive director was also quoted in this article.

From financial to material

09-10-2011

Creating awareness for unknown unknowns

In 2003 Donald Rumsfeld, the American Secretary of Defence, used the term ‘unknown unknowns’ in
his analyses of the Iraqi war. With this he wanted to describe risks we do not know yet, and therefore
we cannot know how risky they are, in appearance and size. In the last three years the financial sector
has discovered several unknown unknowns. Some people call them black swans, others refer to them
as irrational behaviour or animal spirits. Some categorise them as perverse incentives. But what are
those risks we cannot see or are not able to recognise? Or do we see them but are we unable to value
them properly? One thing is certain: taking risks is part of the financial industry and part of business.

Erik Breen new board member Eumedion

Erik Breen, Robeco's Head of Responsible Investing, has become Eumedion's new board member. He replaces Ronald Florisson, who was vice-chairman of the Executive board. Frederik van Beuningen, ceo of Teslin, is the new vice-chairman. Breen has taken up the position of treasurer.

Eumedion in the news