But the rise in compensation of private-market investment professionals slowed this year, according to research by Heidrick & Struggles.
Tag : pay
The shift comes as they expand into alternative assets and third-party fund management, boosting their need for investment talent, an AsianInvestor forum heard.
Asian asset managers worry they may be affected by European Union plans to introduce a bonus cap for senior executives at firms running Ucits funds.
Compensation is increasing for Asian equity and fixed income buy-side professionals, with investor inflows to the region forecast to drive salaries nearer to US levels, finds Greenwich.
Projections suggest total compensation in Asia is up 8% in fixed income and 10% in equities this year, rising quicker than in the US, although Asian professionals still earn substantially less than their US counterparts.