Hoffmann Reed News Today

This week’s movers include those at the Pension Protection Fund, First Actuarial, and TPT Retirement Solutions, among others.

Average total compensation for U.K. money management CEOs grew 6.8% to almost $2 million over two years, global executive search firm Hoffmann Reed found.

Photo: Georgie Clarke Russell Reynolds’ Meredith Coburn said all of the firm’s clients are focused on diversity, equity and inclusion and want candidates who reflect that. Executive recruiting firms are playing an increasingly key role in making money managers more diverse and inclusive organizations. Most executive recruiters with whom Pensions & Investments spoke said that more money management clients are insisting on a diverse shortlist of candidates — mostly from a gender point of v...