Industry calls for scrapping of asset manager bonuses

James Phillips
clock • 2 min read

Industry officials have called for asset manager reward systems to be axed in favour of higher flat salaries, in order to discourage short-termism.

It comes after revelations this week that Woodford Investment Management had quietly scrapped bonuses for its 35 staff on 1 April, with co-founder Neil Woodford arguing they led to damaging behavio...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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