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.
Tag : pay
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.