Money Managers Prove a Tough Asset Class to Value
Money Managers Prove a Tough Asset Class to Value
With almost a century of experience to go on, you might think the world would have decided by now what a competent mutual-fund manager is worth.
It hasn't. The subject is more hotly disputed than ever, with what amounts to a gaping spread between the ``bid'' and the ``asked.''
Fund management is customarily considered a big-money, high- prestige occupation. A 2005 study put the median pay of ``senior portfolio managers employed by mutual funds'' at $482,000 a year.
Full Article:
http://quote.bloomberg.com/apps/news?pid=10000039&refer=columnist_currier&sid=a7EI9lJxFf3I
posted by Victor Lloyd Smith @ 4:29 PM
0 Comments:
Post a Comment
<< Home