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Equities and Multi-Asset Compensation Guide

This guide reflects our most detailed data collection to date, allowing for a more granular analysis of compensation at each level compared to our 2023 compensation guide.
Date
March 3, 2025

Our latest annual market guide provides an in-depth analysis of hiring trends and compensation data over the past 12 months across Public Equities, Multi-Asset, and Fund of Funds markets, based on data collected from nearly 600 finance professionals working in front-office teams within investment management and equity research.

Complete the form below to get a copy of the latest Equities and Multi-Asset Compensation Guide.

Our key findings

  • The sell-side has continued to see a focus on efficiency and cost-cutting, with consolidation and restructuring being the consistent theme in 2023/4.

  • Multi-manager hedge funds remain the one buoyant segment in the market, with a 20% increase in hiring at the Analyst level. However, recruitment efforts have become noticeably more targeted.

  • Turbulent long-only performance has resulted in a demonstrable slowdown in recruitment needs as funds get squeezed between passive and long-short funds. 

  • Fund of funds recruitment has been relatively stable, with a particular uptick in moves from investment consultancies, reflecting the broader changes in the pensions landscape.

  • Hiring diverse talent in long-short funds remains a key strategic priority and we have seen a concentrated effort by multi-manager funds to encourage more female participation in the sector, especially at graduate and junior levels.

Our guide offers valuable insights into the industry’s evolving hiring trends and compensation. As firms navigate the challenges and opportunities ahead, we highlight key areas for strategic growth and the importance of adapting hiring strategies to stay competitive. For a deeper dive into our findings or to benchmark your hiring plans, please reach out to our team.

Request your copy of the guide here.

Author

  • Jo Stone

    Jo was initially pulled in by Dartmouth’s team culture and our focus on building strong relationships with our clients and candidates. Her passion lies in building diverse, collaborative, and effective teams that will truly make a difference in the business.rnrnDuring her early career stages, she worked for a global contingent recruitment firm, in which she developed and led an Asset Management practice.rnrnBefore she found her way to Dartmouth, Jo spent four years working in a boutique search firm and built a track record for delivering Director/MD-level searches and research to clients.rnrnWith over 20 years of experience in recruiting for investment management, Jo has built numerous long-standing and strong partnerships and is still in contact with individuals she met years ago. She is proud of being their trusted advisor and support for career advice and market intelligence.rnrnWith her collaborative, authentic, and committed nature, she continues to support our clients’ growth and build teams that truly excel at meeting company goals.rnrnJo studied French and German at the University of Leeds. Her time off is spent with her two daughters and enjoying time together with friends and family, preferably a nice chat over a glass of wine. She also keeps active with her love for tennis, cycling, and boot camp. rn

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