Fri, Jul 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

As hedge funds compete for marketing and communications talent deals shift

Friday, March 07, 2014

Bailey McCann, Opalesque New York:

Hedge funds have had to do a lot of maneuvering in recent years to keep up with new regulations, ever changing financial markets and investor demands. Now as the industry matures and good talent, and indeed good investments are harder to find funds are taking steps to retain marketers, but it may not work out as well as they hope.

"For the first time, we are hearing that some hedge funds are holding bonuses on contingency of contract renewal. In addition, we are hearing that some fund marketers and fundraisers are seeing their bonuses deferred for the first time," Sasha Jensen of Jensen Partners tells Opalesque.

Jensen Partners is an alternatives focused executive search firm in New York and London.

Deferred bonuses may sound familiar to those with experience at the big banks, and the set up is becoming more common in talent starved industries like technology. Jensen notes that many of these positions now require specialist or technical financial knowledge, and for marketers with those skills funds want to keep them on board. However, holding someone to your business who would otherwise leave may not be the best way to achieve peak performance.

Hiring experts say that employment contract language is critical in terms of determining how bonuses are paid out and if they can be held back. "As the industry seems to be increasing its focus on discretionary pay, it is important for marketers and fundraisers to ensure that......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge funds, seeing opportunity, invest in struggling hotels in Puerto Rico[more]

    From NYTimes.com: Puerto Rico’s tourism industry has fallen victim to the island’s struggling economy, hit by one misfortune after another. In March, the San Juan Beach Hotel filed for bankruptcy. This week, the Condado Plaza Hilton was forced to close its casino. But nearly two thousand miles away,

  3. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  4. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  5. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

 

banner