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 report Wednesday by compensation consulting firm Johnson Associates.

In a telephone interview, Alan M. Johnson, managing director, called the environment for money management firms so far this year “mildly positive” but “fragile.”

Pensions & Investments / May 16, 2012