U.S. Asset Management 2012 Compensation Report

U.S. Asset Management 2012 Compensation Report

December 2012

Incentive compensation levels in the asset management industry are projected to increase about 0–10% this year, following a period of flat compensation from 2010 to 2011.  Those results reflect an industry that, like the economy and financial markets in general, is slowly regaining strength but lacks conviction and awaits a more robust recovery.  Amid relatively restrained hiring activity and industry uncertainty, we project fixed income incentive growth surpassing equities, for now.