U.S. Asset Management 2010 Compensation Benchmarks

U.S. Asset Management 2010 Compensation Benchmarks (Report)

November 2010

Asset management compensation is rebounding after two difficult years characterized by decreases in assets under management, stock market volatility, job / cost cutting, and other challenges.  The significant levels of asset depreciation and investor redemptions that persisted into 2009 have given way, and U.S. investment management firms show signs of recovery in both overall company performance and compensation levels for 2010 and 2011.  Volatility and changes in the market environment will continue to have an unusually large impact on compensation magnitude and structure over the next 12 months.  As the asset management space evolves from a business perspective, so must the industry’s compensation approach.