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

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

Rating:Expect Fundster Bonus Pools to Still Lag 2020, But ... Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, May 29, 2024

Expect Fundster Bonus Pools to Still Lag 2020, But ...

Reported by Neil Anderson, Managing Editor

Fundster bonus pools in 2024 will probably still be noticeably below their levels from four years ago, at least according to the folks at a New York City-based, financial services-focused compensation consulting firm.

The team at Johnson Associates predicts, in their May 2024 "Financial Services Compensation: First Quarter Trends and Year-End Projections" report, that at traditional asset managers, incentive compensation this year will be five percent higher than in 2023, thanks to "market appreciation partially offset by outflows in active products." Yet they note that that would still make 2024 fundster bonus pools a bit smaller than in 2022, significantly smaller than in 2021, and nearly 10 percent smaller than in 2020.

The Johnson team predicts that favorable equity markets will boost asset managers' revenues (by boosting AUM), while outflows from fixed income products offset inflows into equity ETFs. They also predict that "scaling alternatives" (which tend to have higher fees) will be a priority for many traditional asset managers. (Of eight unnamed asset managers cited by the Johnson team, seven have increased their alts AUM percentage over the last decade, five of them substantially.)

As for staffing levels, the Johnson team continues to predict overall declines, citing continuing "margin pressures" and focus on "sales compensation design and magnitudes."

"Headcount will trend lower as firms focus on stabilizing margin declines," the Johnson team writes. 

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

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
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:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use