London is one of the top global financial hubs, home to many prestigious investment management companies. As the landing spot for top talents across the world, salaries in London investment management sector have always been a focus. This article will analyze investment management salaries in London from multiple angles, providing insights into compensation levels of different roles and firms to help readers understand salary dynamics in this competitive industry.
Salary ranges of investment management roles in London
Investment management is a broad field covering many roles. Front office roles like portfolio managers and analysts command the highest pay, with total compensation ranging from £80k to £300k for portfolio managers and £50k to £150k for analysts. Middle office roles like risk management and compliance offer £40-120k. Back office and support roles like operations and IT pay £30-70k. Within each role, compensation varies significantly by seniority and company prestige. At top-tier firms like BlackRock and Goldman Sachs, salaries are 50-100% higher than median levels.
Comparing salaries at different types of investment firms
While investment banks pay the most, base salaries at hedge funds and private equity funds also reach £150-300k for top performers. At mutual funds and pension funds, portfolio manager salaries peak around £200k. Boutique investment firms offer £70-150k for portfolio managers. Startups and small firms generally pay below market averages. Across all firm types, bonus is a key component averaging 50-100% of base salaries at senior levels.
Salary growth and career advancement possibilities
Salaries for junior roles like analysts rise quickly in the early years. Within 5 years, pay typically doubles. More senior roles take longer to advance but bonuses constitute a larger portion of compensation. Becoming a portfolio manager or fund manager is the typical career goal. Extreme top performers may become partners at firms, earning several million in compensation.
London investment management jobs pay very well relative to other careers, with front office and senior roles earning over £150k in total compensation at top firms. Both role and firm types impact pay substantially.