As they saw assets and profits all around them dwindle, equity professionals' own paychecks have suffered, too. But there have been a few lucky fat cats in the money management industry over the past year, as Mutual Fund Market News reports in this second part of a two-part special report on salaries (see MFMN 1/13/03)

Chief executives and fixed-income professionals have managed to charge ahead in 2002, many actually reeling in more than 2001. Given the fact that equity funds lost about $20 billion in assets in 2002 and bond funds attracted $134 billion, a record high, it's not too surprising that fixed-income executives are sitting pretty.

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