2021 October Market Report: Expansions, Upgrades & Overall Growth
As an agency, Funds Partnership Asia sees 269 new jobs created across the APAC market.
Here are our main findings:
- Funds services providers such as Fund Administration firms, Audit firms, Banks, etc are expanding their onshore & offshore operations.
- 1 in 3 candidates have accepted or received counter offers this month – up to 25% increase in base salaries.
- Private Equity firms are experiencing record-breaking fundraising, rising dry powder and faster fundraising cycles. Thus, rush in hirings for proven Fund Raisers.
- Positive changes for staff welfare benefits – buy-side and sell-side firms are acknowledging and adapting to the new era of working. Firms are increasing employee benefits, introducing more hybrid working models and remote working options.
- Investors’ appetites are growing on digital assets with Crypto and Fintech firms, leading to Digital asset investment products seeing their 12th week of inflow & increase in AUM
Get the full infographic here: 2021 October Market Report Infographic
For more explanation about these trends, please reach out to our consultants: