‘WINTER MAY BE COMING:’ Wall Street report warns fund manager pay is headed for a reversal
|12/11/2017||Posted by BusinessMediaguide.Com under General World News||
- According to an annual survey by Wall Street intelligence firm Greenwich Associates, asset management compensation increased by 7% from 2016 to to 2017.
- Despite this, 2018 is likely to be a tough year for managers thanks to the rise of passive investing and high technology costs.
Life was good for Wall Street asset managers in 2017.
According to an annual report by intelligence firm Greenwich Associates, average compensation for asset managers in the United States is set to increase 7% from 2016 to this year. In aggregate, pay is likely to be higher for managers in equities as opposed to fixed income, in read more >>>