Money management professionals can expect to see a 5% increase in bonus payouts from last year, said projections from compensation consultant Johnson Associates.
The forecast compares to a 7% increase in 2017 from the year before.
Johnson Associates' quarterly analysis projects moderate increases in incentive compensation across financial services. Incentive compensation for asset management is expected to range from being flat to up modestly, with market volatility and interest rates key incentive drivers in 2018.
Incentive payouts for professionals in private equity are expected to rise 5% to 10%, while professionals in the hedge fund industry can expect either no increase to an increase of about 5% from last year's bonus.
The projections are based on first-quarter trends in the financial services industry.