Compliance with regulations has put cost pressures on banks, creating internal instability and making them fertile hunting ground for recruiters in 2013. Standalone fund firms have benefited.
Headhunters say the asset management industry continues to hire across the board, but that the biggest salary increases are in selective roles.
The rising generation of Chinese fund managers are desperate to recruit offshore business development execs in Hong Kong. But do they have realistic expectations?
Hiring has come to a standstill in AsiaÆs asset management industry, with layoffs beginning to bite.