Compensation
DHR International survey: Corporate plan CIOs earning the most
Corporate pension plans offer their chief investment officers a combination of base salary and performance-related pay roughly twice what the CIOs of public or Taft-Hartley plans are garnering,...
February 22, 2012 | 03:37 pm
Morgan Lewis adds 2 partners
Marla Kreindler and Julie Stapel were named partners at the law firm of Morgan, Lewis & Bockius' employee benefits and executive compensation practice.
February 10, 2012 | 04:07 pm
South Carolina chooses McLagen to consult on compensation
South Carolina Retirement System Investment Commission selected McLagan to provide compensation consulting services, pending contract negotiations, Adam Jordan, interim CEO.
January 18, 2012 | 01:21 pm
Pay of top corporate execs soared from 2008 to 2010, research shows
Total annual compensation of the five top executives of Russell 3000 companies averaged $1.6 million in 2010, up 37% from 2008, according to research by ISS Corporate Services.
January 13, 2012 | 03:59 pm
Russell Reynolds: Most manager bonus pools to stay flat or dip in 2011
About 70% of money managers expect their bonus pools to remain flat or decrease in 2011, according to a compensation survey conducted by Russell Reynolds Associates.
December 28, 2011 | 02:22 pm
New York City systems seek to toughen pay clawback provisions at 3 banks
New York City Retirement Systems filed shareholder proposals to strengthen the incentive pay clawback policies at Goldman Sachs Group, J.P. Morgan Chase and Morgan Stanley.
December 21, 2011 | 03:26 pm
Tough second half sours 2011 bonus projections
Investment professionals' bonuses this year will be relatively flat, according to seperate reports from CTPartners and Johnson Associates.
November 14, 2011
UTIMCO doles out $7.2 million in bonuses; CEO gets $1.88 million
University of Texas Investment Management Co. handed out $7.2 million in bonuses to 29 managers after investments topped benchmarks for three straight years.
November 10, 2011 | 01:40 pm
Traditional managers' bonuses should stay same in 2011, says Johnson Associates
Traditional equity and fixed-income asset management professionals should see their year-end incentive payouts this year hold fairly steady from the year before, making them winners in a financial...
November 08, 2011 | 03:20 pm
Endowment execs top pay list for tax-exempt institutions
Jane Mendillo, Harvard Management Co.'s president and CEO, tops the list of highest-paid chief investment officers — with total compensation of $4.75 million in according to a list of the top...
November 07, 2011 | 02:12 pm
Tough second half sours 2011 bonus projections, says report
A volatile second half of this year has diminished the prospects for a large increase in investment professionals’ bonuses in 2011, according to a report by CTPartners.
October 31, 2011 | 12:01 am
CalSTRS gives staff $1.79 million in bonuses
California State Teachers’ Retirement System increased staff bonuses 11% to $1.79 million for the 12 months ended June 30 after posting the biggest gain since 1986.
October 28, 2011 | 04:16 pm
CalPERS pays out $4.8 million in bonuses
CalPERS paid $4.8 million in bonuses to 54 high-ranking officials, including some investment professionals, in the fiscal year ended June 30.
October 10, 2011 | 03:08 pm
Norway wealth fund caps external manager bonuses at $25 million
Norway’s Government Pension Fund Global, Oslo, set an upper limit of $25 million on annual bonuses it pays to external fund managers to promote a longer-term investment strategy after receiving criticism in past years over excess payments.
October 06, 2011 | 02:58 pm
TCW-Gundlach trial a $35 million 'grudge match'
The only sure winners in the legal dispute between TCW and Jeffrey Gundlach are the lawyers, expert witnesses and public relations firms that have been involved in the costliest courtroom battle in...