Commentary

Carried interest for bosses is risky, unnecessary and not a good look

Why should someone with little influence over a fund get a bonus if it does well?

Is carried interest a perk too far for asset management bosses?
Is carried interest a perk too far for asset management bosses? Illustration: FN Staff

David Wighton is a columnist at Financial News

Sometimes, you do wonder about the judgement of the world’s top financial firms.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink