Insurance firms seen reviewing pay policies

Asian asset managers worry they may be affected by European Union plans to introduce a bonus cap for senior executives at firms running Ucits funds.

Compensation is increasing for Asian equity and fixed income buy-side professionals, with investor inflows to the region forecast to drive salaries nearer to US levels, finds Greenwich.

Projections suggest total compensation in Asia is up 8% in fixed income and 10% in equities this year, rising quicker than in the US, although Asian professionals still earn substantially less than their US counterparts.

Illiquid investments such as aircraft financing, cat bonds and student housing are drawing interest, says Aman Dhingra, Singapore head of advisory at the Swiss private bank.