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Fund managers will follow banks to pay plateau

Pay on the buyside has mostly continued to grow in recent years - but all that is set to change, experts say

Like others in the City, fund managers are likely to face pay pressure
Like others in the City, fund managers are likely to face pay pressure Photo: iStockphoto

Unlike banks, asset managers' remuneration packages have mostly continued to grow in recent years, but all that is set to change, according to experts.

With the advent of the Financial Conduct Authority’s review into the sector demanding ever more transparency on what clients are paying for - combined with shareholder demands - many predict that pay will come under pressure.

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