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 20, 2012 FUSE Finds Layoffs are Down FUSE Research announced the publishing of its 2012 comprehensive product management and development benchmark of the asset management industry. The FUSE BenchMark Series — Product Management & Development 2012 allows firms to look at asset allocation across various functions. According to a company news release, the most drastic piece of data in this years study is the downtick in layoffs. In 2009, laying off staff was the most popular action of product leaders. In 2012, that number was less than 5 percent. "The dramatic shift in actions undertaken is a very positive indicator of the sentiment at investment management firms,” stated Mike Evans, president of FUSE Research Network. “When we had previously conducted the research, firms were paralyzed by the economy and cost cutting. Today, product groups are focused on contributing to the growth of their firm’s business, which is evidenced by the number one action taken over the past year – launching new funds." Printed from: MFWire.com/story.asp?s=42445 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |