MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, June 8, 2010 An NY Asset Manager Tweaks Comp AllianceBernstein has joined the ranks of firms that have altered their compensation policies this year. The Wall Street Journal's Phil Craig reports that the New York City-based asset manager is one of the companies that have "made equity rewards a greater portion of total remuneration." The article did not mention specific figures. Other fund managers mentioned in the piece are UK-based Newton and Insight Investment, both of which are part of Bank of New York Mellon, Schroders PLC and Standard Life Investments. An AllianceBernstein rep told the pub that the change is aimed at encouraging employees to focus on the wider business' performance. Printed from: MFWire.com/story.asp?s=32441 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |