Asset managers around the world now earn less than $100,000 on average

LONDON ? The average salary for an asset manager fell below $100,000 (£80,2000) last year, as falling profits and market instability pushed down pay and bonuses globally.

Research by Emolument for the Financial Times found that pay dropped by 2% last year to $99,000 (£79,400). Salaries in the industry have fallen by nearly 20% since 2014.

This article was published in Business Insider, 23rd January 2017