Hedge funds are cash kings among asset managers

Risk professionals at asset managers see big compensation rises

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Compensation for risk management professionals working in asset management firms rose by 18% in 2005, with salaries rising 5.5% and bonuses up by 20-30% on average, according to a study* by US-based recruitment firm Risk Talent Associates.

The study surveyed 200 risk professionals from three types of asset management firms: alternative investments, such as hedge funds and funds of funds; traditional asset management; and insurance. Of the three groups, alternative investment firms offered higher

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