With increased competition in the asset management industry, fund companies are stepping up their efforts to retain key employees.

In addition to compensation, fund companies have also focused on enhancing their work environments while also adding financial incentives in the form of stock options and ownership stakes. Asset managers surveyed in a recent Talent and Compensation Trends in Asset Management Distribution survey organized by Heidrick & Struggles indicated compensation, firm culture and opportunities for sales/marketing efforts as some reasons that factor into changing companies. Half of the more than 200 asset managers polled said they changed jobs from 2010 to 2013.

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