Tuesday, 24 May 2016
Last updated 12 hours ago
Dec 17 2013 | 10:53am ET
Asian hedge fund managers are expecting to be rewarded for their strong performance this year.
Unlike their counterparts in North America and Europe, Asian managers have actually posted stronger returns than regional stocks. So almost half of them are expecting bigger bonuses this year than last, according to a survey by Heidrick & Struggles International.
Some 48% of respondents expect a bigger bonus, up from 45% last year. And just 11% are concerned they'll get a lower bonus, compared to 25% last year.
And bonus expectations aren't the only things that are rising in Asia: Base salaries are up for many as would-be employees shun below-market pay rates. Forty percent of respondents to the Heidrick survey said their base salary is up this year, with junior analysts and execution traders doing best.