Investment Management KSA Salary Guide 2020
Like many sectors in Saudi Arabia, Vision 2030 has dramatically impacted investment management (IM), as public and private sector firms and sovereign wealth funds review their operations in line with the national growth agenda and invest accordingly. There is demand at present for IM professionals working in private equity, M&A, real estate development and investment, as well as board members and staff in finance and investment operations. Demand will continue as investments grow, as there is significant demand for best practices in board rooms, and Saudi-based companies are increasingly looking outside the kingdom to bring international perspectives to the table. Real estate, meanwhile, is an extremely active asset class in the kingdom and likely to remain stable in the coming years.
Given all the transformation Vision 2030 has brought, investment banking in Saudi Arabia has been relatively active in 2019. The country is the leader among the GCC countries in equity capital markets with real estate being one of the main sectors. This is not counting the Saudi Aramco IPO at the time of writing. Saudi Arabia has also been in a
strong position when it comes to M&A and debt capital markets with potentially more activity happening next year. These factors actively contribute to higher demands when it comes to recruitment in the investment banking space in KSA across all the major service lines.
Our data is based on several sources; successful assignments our firm have competed in 2019, undergoing appointments, daily interaction with hiring managers and mid to senior-level executives across the region. Our unique position enables Cooper Fitch to track the latest insights and trends in salary ranges.
Bonuses and other forms of remuneration, such as pension scheme and long-term incentives, are not taken into account, which varies significantly.
Cooper Fitch salary guide for the investment management industry within the Kingdom of Saudi Arabia in 2020. Our research covers private sector, public sector, asset management and investment banking investment management functions.
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