Investment management remuneration rises modestly
The market volatility and other challenges through 2015 meant investment management executives experienced comparatively modest increases in their remuneration packages, according to the latest data from The Dawson Partnership's 2016 Investment Management Remuneration Report.
It found that base remuneration packages increased by between three and five per cent, while short-term incentives and long-term incentives for senior executives meeting their key performance indicators (KPIs) increased by between 10 and 30 per cent.
The research also revealed that a growing number of companies had been deferring payment of a proportion of the short term incentive remuneration component, allocating the funds to long term incentives schemes vesting over a three-year period.
The research noted that the increasing number of financial services technology companies had not gone unnoticed by investment management companies seeking to enhance their digital strategies.
It said the roles of senior technology and digital marketing executives, particularly those marketing executives who had designed and implemented successful social media strategies, would take a higher profile in the business and remuneration levels would require upward revision.
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