On the other hand, asset management is not necessarily as susceptible to bullying as the financial services sector at large.

“It’s probably less in this industry than elsewhere in the financial services industry,” says Strategic Insight global consulting head Daniel Enskat. “That boils down to the incentives and remuneration packages that you generally have, which tend to be less performance-fee based and outrageous in terms of the ultimate numbers.”

Bullying is likely more common at small boutique firms, which are often aligned around a single star manager, he notes. Large global organisations tend to have policies in place to discourage such behavior.

by Marc Hogan, Ignites Europe
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