UK funds say ‘no’ to cut in returns, ‘maybe’ to profit sharing

David Metter, the head of Innisfree and UK trade body PPP Forum, told Parliament he would reject cuts to contractually agreed PFI returns. He also said he would be ‘unhappy’ with sharing profits from PFI equity sales, but Bill Doughty, head of fellow fund manager Semperian, was open to the idea.

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