According to a recent report, it looks like maybe the worm is finally turning for employees in the asset management industry. The projections in Greenwich Associates and Johnson Associates' report Asset Management Compensation: Second Choice No More are based on interviews with more than 1000 financial professionals from equity and fixed-income investor groups at investment management firms, mutual funds, Hedge Funds, banks, insurance companies, government agencies and pensions and endowments in the fourth quarter of 2014. 2015 asset management compensation to be up notably in 2015 The report highlights that asset managers had a very strong year in 2014. Both market appreciation and positive inflows saw AUM grow at traditional firms, and hedge fund AUM also saw increases... More