Towers Watson investment head: Fund managers deserve higher pay

clock

Asset managers deserve to be paid up to a third of the alpha they generate, Towers Watson's EMEA head of investment has suggested.

Ed Francis (pictured) believes asset managers should potentially be paid more than they are currently for their skills, in recognition of the benefit they can provide to clients. Should fees settle at too low a level, fund managers will be forced to run too much money in order to benefit from economies of scale, he warned. In an interview with Professional Adviser's sister magazine Professional Pensions, he said: “If I am a skilled active manager, I should expect to get paid for that skill as there is a benefit to my clients from it. How much should I get paid? Well, I should get paid...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Commodity allocations in a volatile landscape

Commodity allocations in a volatile landscape

'Currency dynamics are also becoming more significant'

Rob Gleeson
clock 03 June 2026 • 4 min read
Why markets keep rising despite a more uncertain world

Why markets keep rising despite a more uncertain world

'For investors, maintaining diversification and portfolio resilience remains essential'

Fahad Hassan
clock 02 June 2026 • 4 min read
Technology and emerging markets top performing sectors in May

Technology and emerging markets top performing sectors in May

FE Analytics data shows

clock 01 June 2026 • 1 min read