Equity pros in job for under a year

The Investment Solutions annual staff turnover survey found one of the biggest reasons for managers jumping ship was the lure of rival firms. It also showed turnover among equity investment professionals was running at more than 50pc, while it is even higher for fixed income, at over 60pc. In addition to competitors poaching employees, corporate restructuring was also highlighted in 20pc of cases of employees leaving. Investment Solutions said a new trend emerging was staff leaving to set up or join new firms run by established names in the industry. A recent high profile examp...