Man’s Average Pay Tops £200K

Mar 25 2014 | 3:03pm ET

The Man Group was the second-most generous British fund manager last year, according to a new report.

The Financial Times said that Man paid staff an average of £232,000 last year, behind Allianz Asset Management, which paid out an average of £436,000 in 2013. Henderson Global Investors was third, at £215,000.

All three topped the average banker take-home, which was £212,000 last year, according to PricewaterhouseCoopers.

Jupiter Asset Management, GAM, BlackRock, Schroders and Aberdeen Asset Management each fell just below £200,000 in average compensation.

“Overall, the picture is pretty rosy for everyone,” PwC’s Tim Wright said. “The days of salary freezes are gone and salary increases are commonplace for most people across all levels in the industry.”


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...