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Equity rally fueled big pay rises for asset managers in 2019

Strong equity markets boosted returns for fund houses last year. The median pay for asset management staff – including bonuses - was up by 16.4 percent, according to new benchmarking figures.

Strong equity performances secured asset managers solid pay rises last year. | Photo: Richard Drew/AP/Ritzau Scanpix

Asset management staff received bigger pay rises than investment bankers in 2019 due to buoyant stock markets, the Financial Times reports.

According to figures from salary benchmarking company Emolument, the median pay, including bonuses, for asset management staff was USD 167,000 in 2019, up by 16.4 percent compared to 2018.

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