LONDON experienced Buy side equity analyst comp benchmark

Hi everyone,

I saw quite a fair bit on this forum about comp for equity analyst roles on the buy-side in the US but not so much in London. Feels to me that the market here is less transparent (speaking also with headhunters, numbers I get can vary a lot). Hence would be curious to have your thoughts/numbers (with role, AuM, performance fees structure to put things in context).

About me: about 10 years of experience as an equity analyst (first in the sell-side for the first two years then in buy-side since), working with a long-only fund focused on European equities (generalist but more on the consumer side), AuM around GPB3bn, no perf fees, normal fees around 1%, fairly small investment team of 5. 

-> current base GBP145k + bonus give or take between 50% of base as a min to 150% of base as a max (all in cash and non-deferred)

Is it in line with market? How does that compare with package in large institutional funds (Fidelity, TRP, JH..): never worked for the big guys so I have no idea where the market is there (I suspect they have more of a salary grid template like in IB contrary to small shops like min).

Thanks in advance!

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Comments (5)

  • Research Associate in Research - Other
Nov 28, 2021 - 6:25pm

I don't think pay varies much in small and big shops when it comes to AM. It's weird, for me we just recently had a big pay bump but I don't know if it's going to stay like that. I'd say 10 years in, clearing 300kish in London is good, and roughly what I'd expect. I'm 5 years in at a semi-large AM and on somewhat of a trajectory but I guess it depends if you become a very dependable Senior Analyst or a Portfolio Manager where the firm can't lose you, then I'd say 600k+ would be more standard. 

Dec 1, 2021 - 5:57am

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