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  • Fund accounting: Interim and permanent staff in demand

    There is an increased demand in Edinburgh’s fund management community for experienced accountants in the fund accounting function, according to headhunters. On offer are not only full-time positions but also jobs for those interested in contract work. Alex Phillips, manager of Morgan McKinley’s Edinburgh office, says third party administrators are looking to hire fund accounting staff on a permanent and contract basis after they win a large mandate and need the... Read more

  • Custody: Rising pay threatens to drive jobs overseas

    Sheer demand for asset administration staff is, not surprisingly, creating pressure for pay to rise. In Dublin, asset administrators can achieve a 10% to 20% increase in salaries when moving jobs, according to Mia Barry, a director at the local office of recruitment firm Robert Walters. Fund administrators with three years’ experience in the city can expect to earn between €33,000 and €35,000, she says. Other Dublin recruiters say job changers... Read more

  • Corporate finance pay and hiring prospects rebound

    London-based corporate financiers disillusioned with their end-of-year bonuses might want to contemplate relocating to Scotland. Recruiters say corporate finance roles in the country are proliferating. But at senior levels at least, pay is unlikely to lift the spirits. “We get a lot of Scottish corporate financiers returning,” says Colin Weir, a consultant in the Glasgow office of the Professional Recruitment Group (PRG). He says: “The skill set is eminently placeable –... Read more

  • Fund management bonuses set to bounce up

    While many of London’s investment bankers are busy spending their bonuses for 2005, Scotland’s fund managers have several months still to go before payday. It should be worth the wait. Recruiters say Scotland’s major fund management employers, such as Scottish Widows Investment Partnership (SWIP), Britannic Asset Management, and Standard Life Investments, delay paying bonuses until March. Among the investment banks, only ABN Amro, UBS and SG Securities are similarly late in... Read more

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