Commentary

Carried interest for bosses is risky, unnecessary and not a good look

Why should someone with little influence over a fund get a bonus if it does well?

Is carried interest a perk too far for asset management bosses?
Is carried interest a perk too far for asset management bosses? Illustration: FN Staff

David Wighton is a columnist at Financial News

Sometimes, you do wonder about the judgement of the world’s top financial firms.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It