Press
Can pension funds succeed in attracting top investment talent?
Item published August 25, 2010Richard Parkhouse was recently quoted in an article discussing pension funds in relation to recruitment.
"Historically, pension funds simply haven't paid enough to attract top professionals, and any that do move and go for reasons other than money," says Richard Parkhouse, chief executive of asset management remuneration specialists, PRPi Consulting. "On the other hand, compensation within asset management houses has been going down, and continues to do so, so this may present an opportunity to the pension funds."
To read more, please click here:
EFinancial Careers Article - 25/08/2010
"Now is not the time to increase wages"
Item published July 21, 2010PRPi Managing Director, Richard Parkhouse was recently featured in the Talking Heads section of the Financial Times Fund Management on the 19th of July, 2010. In his article, Parkhouse discusses highlights from PRPi's recently published report on global remuneration trends. To view article, click here: FTfm Article - July 2010
Fund Managers Review Pay Policies
Item published June 07, 2010Richard Parkhouse was recently quoted in an article discussing fund manager pay policies.
"Asset managers have traditionally been better than the banks at rewarding their employees over the long term, according to Richard Parkhouse... But he said the financial crisis, and the ensuing pressure from regulators on the banks, had acted as a catalyst for asset managers to implement changes they have been discussing for some time."
To read the article, click here:
Fund managers review pay policies
Asset managers get their houses in order
Item published September 14, 2009An article written by Richard Parkhouse was recently featured in the Talking Head section of Financial Times Fund Management on the 14th of September, 2009. In his article, Parkhouse discusses the current state of the asset management industry as revealed by PRPi Consulting's annual Remuneration ROI survey. To read the full article, click here: FTfm Article - 14 Sept. 2009
Great Expectations?
Item published March 24, 2009The February 2009 issue of Banker Middle East features an article written by PRPi's Managing Director, Richard Parkhouse. In his piece, Parkhouse discusses the challenges facing investment firms in 2009 and reports on the need for recalibrating pay expecations in investment banking.
To view the article, click here:
Great Expectations
Overhauls of Compensation Packages Likely
Item published September 29, 2008PRPi Consulting Managing Director, Richard Parkhouse, was recently quoted in an article on executive pay packages on Ignites.com, a news source on the mutual fund industry.
To view the article, click here:
Ignites.com Article
"Need a creative response to the downturn"
Item published September 08, 2008Richard Parkhouse was recently featured in the Talking Heads section of the Financial Times Fund Management on the 8th of September, 2008. In his article, Parkhouse discusses the market downturn and the areas in which firms should focus their efforts most. To view this article, click here: FTfm Article
'Predicting the turns of the virtuous circle'
Item published August 13, 2007Richard Parkhouse was featured in "Talking Heads" in FTfm on 13th August 2007. A PDF copy of this article is available by clicking here > FTfm Talking Head 13 Aug 2007
'Concern grows over large pay packets'
Item published July 31, 2006Financial Times Fund Management supplement (FTfm)
PRPi’s Richard Parkhouse and some of our research data was featured in this article. “The industry is all about performance now. This is great for the investor but companies need to think more about how it will work for them. It is not really necessary to share performance fees with most investment professionals. Only a small proportion, perhaps just 5 per cent, truly generate alpha”
“Hedge funds are slowing down in profitability and therefore attractiveness to key talent. Abnormal profits are a thing of the past. The trouble is the generous deals already struck may be difficult to undo. Many firms will be reluctant to unwind them for fear of losing people.”
Rewarding Global Performance
Item published April 01, 2004Benefits and Compensation International, Volume 33
Rewarding Global Performance
'The problems of performance and pay'
Item published March 21, 2005Financial Times Fund Management supplement.
The trend towards offering hedge fund products is altering the way companies pay fund managers, with pressure for change coming from clients, consultants and the managers themselves, says Richard Parkhouse.
The problems of performance and pay
'Bonus disputes and tribunal risk drive increase in City appraisal culture'
Item published March 10, 2004This article is only available on the Complinet website for which you will need to register.
http://www.complinet.com/hr/login.html?ref=52967
City increasingly adopting more 'transparent' rewards
Item published March 09, 2004Published on the HR Gateway Website
Following a string of high profile tribunal cases of discriminatory payments in the City, many Square Mile firms are now linking performance to rewards, suggests new research.
http://www.hrgateway.co.uk/viewnewsdetail.asp?uniquenumber=4270
The City's Performance Management Challenge
Item published January 01, 2004City HR Directory 2004
The challenges facing HR professionals in today’s global financial and professional services markets do not get any easier. The bear market of the last few years, the longest since the 1930s, has kept HR professionals very busy with cost reduction programmes, tight budgets and, normally, fewer HR staff members.
Margins have been under severe pressure and competition is getting more and more intense. Against this backdrop there is a desperate need for all firms to keep ‘raising the bar’ on employee productivity.
The City's Performance Management Challenge
'Glimmer of hope as cost cuts take effect'
Item published August 04, 2003Financial Times Fund Management supplement
Survey shows first sign of recovery with rising profit margins and fund managers spending less on remuneration.
Glimmer of hope as cost cuts take effect
Making Your Competencies a Success
Item published March 01, 2000Competency & Emotional Intelligence Vol. 7, No. 3
Richard Parkhouse shares his wide experience as practitioner of and consultant on competency-related implementation to highlight the key factors involved in success — one of which, he argues, is forging the link between competencies and pay.
Making Your Competencies a Success
1 Royal Exchange Ave
London EC3V 3LT
+44 (0)20 7464 4280
info@prpiconsulting.com