UK - Merrill Lynch Investment Managers co-chairman Carol Galley admitted in court that if the objectives of achieving performance of +1% or -3% set by Unilever were treated equally, it would be impossible to achieve these benchmarks.
She said: “If the +1% and the -3% were perceived as equal I personally do not know any way of achieving that. In the context of a pension fund, I do not believe that is deliverable.” Galley went o...
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