关乎基金经理工资怎么发的新规终于落地了

Core Viewpoint - The newly released draft of the "Performance Assessment Management Guidelines for Fund Management Companies" emphasizes that the interests of fund investors must always come first, leading to extensive discussions within the industry [1][6]. Group 1: Long-term Performance Focus - The new regulations prioritize long-term performance, requiring that at least 80% of the assessment metrics for fund investment returns be based on performance over three years or more, discouraging short-term manipulations by fund managers [2][8]. Group 2: Compensation Structure - Fund company executives, including the chairman and senior management, must use at least 30% of their performance pay to invest in their own funds, while fund managers are required to invest over 40% of their performance pay in the funds they manage [3][9]. - The deferred payment period for performance pay is set to a minimum of three years, with at least 40% of the deferred payment for core personnel [5][12]. Group 3: Accountability and Salary Adjustments - Fund managers' salaries are now directly linked to their performance, with a tiered adjustment system based on the past three years' performance. A salary reduction of up to 30% can occur if performance is significantly below benchmarks [4][13]. - If a fund's performance lags the benchmark by more than 10 percentage points and incurs losses, the performance pay must be reduced by at least 30% [5][13]. Group 4: Enhanced Accountability Measures - The new guidelines introduce stricter accountability measures, including the ability to withhold or reclaim salaries if employees fail to meet their responsibilities, even after leaving the company [10][13]. - There is a focus on employee retirement benefits, encouraging fund companies to establish corporate pension plans and support participation in personal pension schemes [10][13].