Mon, May 30, 2016
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. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  4. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year

  5. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit