29.06.2012 Fund managers will have a longer wait for bonuses under proposed EU rules

Bailey McCann, Opalesque, New York: The European Securities and Markets Authority (ESMA), issued a new paper with proposed guidelines for when fund managers will be paid bonuses today. Under the new rules, bonuses would be withheld for a longer period of time to ensure that fund managers are acting within the broader interests of the fund. ESMA’s future guidelines will apply to managers managing a

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