Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Is This Expense Rising At Least 12 Percent? Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, November 17, 2021

Is This Expense Rising At Least 12 Percent?

Reported by Neil Anderson, Managing Editor

Fundsters should still expect firms' bonus spending to up by double digits compared with last year, according to a financial services-focused compensation consulting firm.

Asset managers' "incentive funding" is now projected to rise by 12 to 18 percent in 2021 (as compared with 2020) on a headcount-adjusted basis, according to the third quarter trends and year-end projections report released yesterday by the folks at New York City-based Johnson Associates. (That's up from the 10 to 15 percent range they expected three months ago.) They note that, thanks to "market appreciation and moderate inflows," AUM is on the rise.

Among 10 asset management firms (not named in the report) surveyed by the Johnson Associates team, the median projected bonus pool increase this year (based on actual bonus data for the first half of 2021 and projections for the second half) is 17.5 percent (up from 15 percent three months ago). One of the ten firms' bonus pools is projected to stay level with its 2020 levels; none are projected to drop this year, five are projected to jump by 20 percent, two by 15 percent, and two by 10 percent.

In comparison with traditional asset managers, investment and commercial banking management and mid/large private equity firms are projected to see similar bonus pool increases. Hedge funds, investment and commercial banking staff, fixed income sales and trading, and retail and commercial banking are projected to see smaller bonus pool increases than their traditional asset manager counterparts. And mega private equity firms, investment banking advisory and underwriting, and equities trading are projected to see bigger bonus pool jumps. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2022: Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. 2022 ICI Leadership Summit, May 25-26
  2. ALFI Roadshow to New York, May 25
  3. 2022 IDC Fund Directors Workshop, May 26
  4. Irish Funds Annual Global Funds Conference 2022, May 30-31
  5. WealthManagement Edge, May 31 - June 3
  6. MFDF 2022 Fund Governance and Regulatory Insights Conference, Jun 8-9
  7. 28th annual Expect Miracles East Coast Classic, June 9
  8. 2022 Sohn Investment Conference, June 9
  9. IDC webinar - Cybersecurity for Fund Boards: The Current Landscape, June 9
  10. MMI webinar - Driving Business Value with Artificial Intelligence & Data, June 15
  11. MFDF webinar - Key Takeaways From Morningstar's 2021 Annual Fund Fee Study, June 16
  12. MFDF Director Discussion Series - Open Forum (Chicago), June 21
  13. 2022 MMI Emerging Asset Managers Forum, June 23
  14. MFDF In Focus: Capitol Hill, A Conversation with Congressman Bryan Steil, June 28
  15. Financial Planning INVEST, Jun 28-29
  16. MFDF webinar - Differentiating Mutual-Fund-to-ETF Conversions, July 19
  17. MFDF Director Discussion Series - Open Forum (New York), July 20
  18. 2022 MMI Distribution Leadership Forum, Jul 20-21
  19. MFDF webinar - Fund Boards' Oversight of Investment Performance, July 28
  20. MFDF webinar - Performance, Perception and Manager Selection, September 14
  21. 2022 ICI Tax and Accounting Conference, Sep 18-21
  22. 5th annual Expect Miracles Atlantic Coast Classic, October 3
  23. Nicsa Fearless Leadership Symposium, Oct 6-7
  24. 2022 MMI Annual Conference, Oct 19-21
  25. 2022 IDC Fund Directors Conference, Oct 24-26
  26. 18th annual Expect Miracles Wine & Spirits Event, October 27




©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use