Sat, Dec 20, 2014
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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und

  5. Performance - Lansdowne, Man Group, other hedge funds profit from shorts in oil, Turmoil boosts hedge funds that bet against Russia, oil, CTAs post strongest returns since December 2010[more]

    Lansdowne, Man Group, other hedge funds profit from shorts in oil From Valuewalk.com: The rising short interest in oil companies implies that the worst for oil is yet to come. Data from Markit shows that short exposure in energy sector of S&P 500 is still looming close to the highest mar