Bonus pools and lack of transparency: The key pay issues for the funds industry

Pay per employee has risen by 22% at AM firms since 2006

Hardeep Tawakley  Hardeep Tawakley
clock • 7 min read

Asset managers are under increasing pressure to divulge their remuneration policies and ensure fund managers' interests are aligned with those of their clients, writes Hardeep Tawakley.

Pay is a sensitive issue - particularly when it comes to the fund management industry. Asset managers have seen the remuneration structures of their CEOs and investment managers come under increased scrutiny this year as salary and bonus levels keep on rising. According to think-tank New Financial, the average pay per employee at asset management firms increased by one-fifth to $263,000 (£171,000) in 2014. Since 2006 - the last full year before the financial crisis - pay per employee has rised by 22%, and is now not far short of the $288,000 average pay at investment banks. New Financial...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot