• Asset Management

From Abrdn to Jupiter: How ESG is bolstering bonuses for top bosses

Bosses at Abrdn, Jupiter and Schroders bagged big bonuses despite weaker profits and AUM in 2022

Abrdn received top marks in the environment and social categories, which was based on various factors, including boosting the level of women in its senior ranks.

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Profits and assets tumbled at some of the UK's biggest fund groups but a focus on action to bolster women in senior ranks and link ESG targets to work-from-home arrangements has lifted bonuses for top bosses.

The executives among the biggest asset managers cashed in on big bonuses for purely hitting various ESG targets over 2022.

Last year...