Schroder Investment Management has revealed a gender pay gap of 27% and a bonus gap of 75% in 2017 in its latest gender pay gap data.
The gender pay gap is below the 34% average, according to PwC.
Some 91% of females received a bonus compared to 93% of males which the firm attributed to the higher proportion of men in senior management.
In the total workforce, 65% were male and 35% female, rising to 82% male in the top quartile. In the lowest quartile, 53% were female.
For wealth management arm Schroder & Co, the average pay gap was 36% and it did not disclose a bonus gap.
The firm said: "Our pay gap is driven by the structure of our workforce and we are confident that it is not a result of unequal pay. The lower representation of women in senior management and other higher-paid roles is what drives the gender pay gap.
"Our analysis of pay levels for comparable roles shows that male and female employees are paid fairly for similar work, across both asset management and wealth management."
The wider Schroders plc had a global pay gap of 30% and a bonus gap of 66%. This is one of the lowest bonus gaps reported which the firm attributed to a high proportion of female senior roles in Asia Pacific.
Old Mutual Wealth
Old Mutual Wealth has revealed a mean gender pay gap of 39% across its UK and international businesses and a bonus gap of 80%.
The report also showed 25% of the group's top earners, by fixed hourly pay, were men while 59% of its bottom quartile earners were women.
Although there is a high bonus gap of 80%, slightly more women received a bonus - 85% of female staff, compared to 84% of men.
Old Mutual Wealth also said it wants to address the fact only a third of senior management are female and just 36% of board members are women. It is aiming for 40% of senior management being women by 2020.
Man Group has released its gender pay gap statistics with the disparity in pay between men and women markedly lower than the industry average at 21.4%. The average gender pay gap in financial services is 34% according to PwC.
Furthermore, a higher proportion of females than males receive a bonus at Man Group at 86.1%, compared to 84.3% of men, the firm's Diversity & Inclusion Report showed.
However, the gender gap between female and male bonuses is 67%.
In the upper quartile of pay distribution, female employees accounted for 17%, while in the bottom quartile they accounted for 45%.
However, the report also revealed an increase in the proportion of women in senior management roles, rising from 16% in 2016 to 20% in 2017.
Man Group chief executive officer Luke Ellis said: "While we do not see disparities of pay between individuals performing similar roles, the figures clearly illustrate a lack of gender diversity in front office investment management roles and in senior roles across Man Group where compensation is highest.
"This is something we are already very conscious of, and taking steps to address. This is both the right thing to do and formally mandated by our board."
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