More investment management executives say they plan to hire people within the next year, while nearly half have hired more staff already, according to a recent survey by KPMG, writes FINS
' Natasha Gural.
Rising revenues and growth prospects in the U.S. and Asia-Pacific have helped encourage more hiring, with 81 percent of execs representing mutual funds, hedge funds, PE funds and others, saying revenues have gone up. That's a significant rise from 60 percent last year.
Their belief that next year will be better is higher at 84 percent from 69 percent last year. Forty-six percent of executives said headcount has gone up this year so far and 48 percent say they may hire in the next year.
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