September 26, 2019
2019 Staffing & Compensation Trends for Investment Management Firms
I was recently approached by one of my clients with questions regarding current staffing and compensation trends in the investment management industry. What follows are some insights into recent activity we at Jamesbeck have observed in these areas. Staffing: Back office and operations jobs are outsourced and senior staff replaced by cheaper, junior employees Firms are both growing staff in value-added areas such as multi-asset, data sciences, and private market strategies and reducing headcount in ‘commoditized’ functions. As firms seek to cut costs, back-office, operations and middle-office jobs are being hit hard. These positions, as well as manual tasks, are either being outsourced
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