MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, December 13, 2007 Most Fund Managers to Get Bonus Hike The financial industry tradition of year-end bonuses will still be in place for mutual fund managers, despite market turmoil, Ross Kerber reported in The Boston Globe. "It's a good time to be a mutual fund employee," Alan Johnson, a New York-based compensation consultant to larger financial firms, told Kerber. Total assets under management at major fund firms, including Boston-based Fidelity Investments and MFS Investment Management continue to go up, Kerber wrote and industrywide, bonuses are seen to rise by about 10 percent this year. Printed from: MFWire.com/story.asp?s=16779 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |