Gartmore has awarded 3.5% of the company's equity to a group of top staff to encourage them to stay at the group.
The share award has been made to a mixture of portfolio managers and senior management at Gartmore and will mature over a number of years, the Telegraph reports. At Friday's closing price it was worth £13.5m.
However, it is thought Gartmore's board is considering extending the scheme to more people within the business and a second award is understood to be under discussion by the company's remuneration committee.
The asset manager also plans to hire other top performing fund managers and is seeking to sign at least one team from a rival before the end of the year.
Gartmore is still recovering from an FSA inquiry earlier in the year and the subsequent resignation of star trader Guillaume Rambourg, who quit to focus on the FSA probe.
Last week, small cap specialist Gervais Williams, another high-profile fund manager, also left the group.
But Jeff Meyer, Gartmore chief executive, is fighting back against a tide of negative headlines to try to boost morale internally and reassure the company's clients, according to the Telegraph.
Gartmore will host a client roadshow led by top executives, including Meyer, to reassure customers that the business is recovering from its regulatory setback.
It has seen over 40% wiped off the value of its shares since floating last December and remains at the centre of takeover speculation.
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