3 ms·
If you're successfully managing nearly a trillion dollars, that's a bargain. There are CEO's who run billion dollar companies into the ground and receive more
by FullMtlAlcoholc 10y ago
If you're successfully managing nearly a trillion dollars, that's a bargain. There are CEO's who run billion dollar companies into the ground and receive more compensation than that!
- kristofferR 10y agoThe manager who received $60MM was managing assets worth $325MM. The fund has also started to become active in pushing for lower executive pay... http://www.bbc.com/news/business-36185925 http://www.bbc.com/news/business-36185925
- charlesdm 10y agoBut how large returns was he generating? You seem to feel strongly against asset managers being compensated well.. but IF he was delivering great returns, I don't really see the problem? That said, $60MM per year for $325MM AuM does seem a lot.