Money manager compensation
Money management professionals can expect to see a jump of 10% to 15% over last year's bonus payouts, according to projections from compensation consultant Johnson Associates.
November 07, 2013 | 12:31 pm
Wall Street produced $10.1 billion in profits for the first half of the year, but second-half profits could be suppressed due to “dysfunction” in Washington, higher interest rates and...
October 22, 2013 | 07:00 am
Putnam Investments LLC hasn't been contributing many profits to parent Power Financial Corp. since the money manager was acquired by the Canadian firm in 2007.
August 19, 2013
European Union proposals to limit fund manager bonuses are “crude” and would drive up fixed salaries if implemented, said Syed Kamall, a London-based member of the European Parliament.
May 23, 2013 | 03:57 pm
Incentive compensation in the money management industry is expected to increase 10% to 15% in 2013, sparked by gains in assets under management and positive net flows.
May 17, 2013 | 02:02 pm
Private equity investors who link pay of their own executives to performance have better performance than their peers, according to private equity manager Coller Capital's latest Global Private...
December 09, 2012 | 07:00 pm
Base salaries for money management professionals are projected to increase 3.5% in 2012 with incentive pay projected to rise up to 10%, according to a new study from Greenwich Associates and Johnson...
December 03, 2012 | 03:56 pm
Legg Mason Inc. expects to incur roughly $4 million in charges for the current quarter as a result of the separation agreement the company reached with Mark R. Fetting, its CEO, president and...
September 20, 2012 | 01:38 pm
Bonus payouts by traditional and alternative money management firms look set to rise “moderately” in 2012, as market appreciation makes up somewhat for stagnant net flows, according to a...
May 16, 2012 | 05:00 pm
Janus Capital Group Inc. cut the total pay of its CEO, Richard M. Weil, by 70% and capped his potential annual compensation at $10 million in response to a negative say-on-pay vote last year.
March 02, 2012 | 03:06 pm
Cash bonuses paid to New York City securities industry employees fell an estimated 14% last year to a combined $19.7 billion, New York state Comptroller Thomas P. DiNapoli said Wednesday.
February 29, 2012 | 03:42 pm
Stephen Schwarzman, chairman and chief executive officer of Blackstone Group, received $148.5 million in pay and cash dividends in 2011, topping rivals at Carlyle Group and KKR & Co.
February 29, 2012 | 11:19 am
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
Investment professionals' bonuses this year will be relatively flat, according to seperate reports from CTPartners and Johnson Associates.
November 14, 2011
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...