The food ingredients giant’s shares have fallen in value in recent months, from a high of more than €126 a year ago to its current price of just over €100

Figures compiled by Monterey Insight, an independent fund research company, show the value of Irish-domiciled funds grew by 10.4 per cent to a market size of just over $3.3 trillion.

A new model of corporate governance that depends on human, board-level judgement is clearly needed