SAN DIEGO, Calif. - The challenge of labor recruitment and retention facing companies in the new economy was one of the major topics of discussion at the 2000 Operations Conference of the Investment Company Institute of Washington D.C. here last week.

A survey of 125 industry executives that the ICI will release at the end of the month indicated that executives are "very highly concerned with staff retention," according to Charles O'Neill of Diversified Management Resources of Boston, a consulting firm dedicated to recruitment for the financial industry.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.